Who We Are
VEI is an educational nonprofit transforming students into business professionals by bringing the workplace into the classroom. Since its inception in 1996, VEI has served over 100,000 students, including many from economically disadvantaged communities.
VEI’s team includes a community of educators, business leaders, and post-secondary partners who help guide our mission. We currently support over 13,000 students across 19 states each year.
What We Do
VE works with schools and districts to implement a year-long, credited class that provides students with an authentic, collaborative business and entrepreneurship experience through its live global business simulation model.
How We Do It
Guided by a teacher-facilitator, business partners, and content experts, VE students establish and manage a company that replicates the functions and demands of a real business. VE firms offer diverse products and services—from banking, insurance, and technology to publishing, advertising, app creation, tourism, and fashion. Students produce key deliverables and work in departments—Administration, Accounting/Finance, Sales, Marketing, Human Resources, and IT—that are overseen by a (student) management team and CEO.
VE companies engage in trade with a network of simulated businesses across 42 countries using an online banking system.
“I never felt as empowered as I have during my year in VE. This is a program that uncovers our strengths and fuels our passions.”
– Jasmine Andrews, Thomas Jefferson High School, Tampa, FL, Class of 2016
Why We Do It
VEI exists to drive the transformation of young people so that they gain the skills, competencies, and connections necessary to pursue meaningful careers.
“VE inspires students to be managers of their own knowledge, to be critical thinkers, and to create businesses that may ultimately lead to their future work.”
– Carmen Fariña, Former Chancellor, New York City Public Schools
The VE Difference
VE’s task- and standards-based curriculum integrates business, entrepreneurship, personal finance, economics, and technology and is guided by the VE Career Readiness Framework.
Developed in partnership with industry experts, the Career Readiness Framework captures the key competencies and skills employers seek and students need to succeed in business.
The curriculum incorporates well-developed business and economic concepts that demand academic rigor while addressing interdisciplinary instruction, project-based learning, research, different learning styles, and real-world applications. An end-of-course assessment is available through NOCTI (National Occupational Competency Testing Institute).
VE is aligned with Common Core Standards, National Standards for Business Education (NBEA) and National Standards in Economics.
Students engage in a range of learning experiences inside and outside the classroom that allow them to develop and apply real-world skills. Business and community partners help connect students to industry professionals and the real world of business.
As VE students engage in business and trade across industries, borders, and cultures, they learn the expectations of an evolving workplace and global economy.
87% of VE students surveyed identify career pathways of interest because of VE
Over 6,700 students per year serve leadership roles (e.g. Executives, VPs, Managers,) during their time in VE
50% of all VE schools are identified as economically disadvantaged
- Curricula & Supporting Materials aligned to the Career Readiness Framework
- Professional Development
- Assessments & Evaluations
- Online Banking System
- Webinars & Newsletters
- Conferences, Exhibitions, & Competitions
- Community of Business Partners and Mentors, Teachers, Students, and Alumni
- College and university partnerships
- Internships with high-profile businesses
- National and international student exchanges
“VE has been truly a life-changing experience. It helped me focus on what I want to become and enhance my skills in the field I want to pursue.”
– Mahmoud Khedr, Manhattan Business Academy, New York, NY, Class of 2014
Start a Program
To start a VE Program in a middle school, high school or college, or to receive additional information, click here to fill out an inquiry form.