This paper presents the most important managerial and human resource management skills needed by a contemporary manager to be successful. The paper explores the relationship between the use of computer simulations and video games and the development of managerial and human resource management skills. Management simulations are one of the methods of educating managers that companies and universities use today to prepare their current or future managers for the demands of their job. Management simulations are software packages that mimic real business situations in a very realistic and simple way. By being exposed to those simulations, in the safe environment, it allows users to develop new and practice already acquired managerial and human resource management skills. Nowdays, much more attention is paid to video games as channels through which it is possible to develop many skills, from cognitive to interpersonal. For a purpose of writing this thesis, an online survey was conducted through a questionnaire on 218 respondents about their perceptions of the impact of playing the video game Football Manager on the development of their managerial and human resource management skills. In terms of managerial skills, respondents believe that playing the video game Football Manager has the greatest impact on the development of their negotiation and effective decision-making skills, and the smallest impact on the development of their empathy and listening skills. Regarding human resource management skills, respondents believe that playing the video game Football Manager has the greatest impact on the development of their skills of selecting quality people and human resource planning skills, and the smallest impact on their skills of giving feedback and directing the development of people.