To configure and run Machine Tool Simulation you require a Simulator Level 1 license:
All EdgeCAM system licenses except Entry Level Milling, Entry Level Turning and Entry Level Production include Simulator Level 1.
An Entry Level license with the Simulator Level 1 module license is also valid.
You cannot configure Machine Tool graphics because Code Wizard cannot be run in Student Edition.
Machine Tool Graphics can only be configured for non-'superseded' Mill and Turn templates