A team of Singapore Management University students has beaten 25 other teams from around the world to secure first place at this year’s CIMA Global Business Challenge (GBC).
GBC is an international business competition organised by CIMA in partnership with Barclays. This year, more than 14,500 students across the globe took part, competing at local and regional levels for the chance to represent their country at the global final in Warsaw, Poland.
The four members of team ‘Tuer Consulting’ were Tan Hin Thye, Tan Jhun Boon, Feng Luwei and Han Meng Siew. The team had to present their solutions to a real-life CIMA business scenario based on the oil and gas industry. They then had to defend their recommendations in front of a judging panel of senior business leaders.
Tan Hin Thye, leader of the team, said: ‘We really didn’t expect to win first prize and are extremely excited. It’s been so enjoyable meeting the other participants from all over the world and learning more about their different cultural perspectives. This experience has been incredible and we’re sure it will benefit our future careers.’
The other prize winners of the night were:
- First runner-up: team Maverick Minds from the Sardar Patel Institute of Technology, affiliated with the University of Mumbai, India
- Second runner-up: DLSU Manila Team White from De La Salle University, Philippines
- Future Business Leader: Keshav Pasari, team Maverick Minds from the Sardar Patel Institute of Technology, affiliated with the University of Mumbai, India
- Video award (judges’ choice): team Vector from the Myanmar Human Resource Institute
- Video award (people’s choice): team The Doers from the British College of Nepal
Andrew Harding, Managing Director of CIMA, said: ‘The Global Business Challenge is a unique opportunity for emerging business talent to test and develop their knowledge and skills. The standard of this year’s competition has been one of the highest we’ve ever seen and I have no doubt that our winners have a bright future ahead of them.’
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