Competitions With Global Impact

The Triangle Business Journal reports that MBA students from University of North Carolina at Chapel Hill’s Kenan-Flagler School of Business will match up against business schools from around the world this weekend in a business case competition to address challenges faced by telecommunications companies.

Boston University will host the event, which aims to solve market challenges of converging multimedia technologies. Each team of four students will have 24 hours to build a case, and the winning team will receive $25,000 and the opportunity to present its plan to Swedish telecommunications equipment maker Ericsson. A total of 16 universities are participating in this year’s competition.

Hans Vestberg, executive vice president and CFO of Ericsson, says the competition should offer the company key insight into the age demographic shaping telecommunications usage. The students, whose average age is 26, have been raised with technology and its capabilities. “These are the minds that have invented the language we use to describe a connected lifestyle and are the same minds that will lead us into the future,” Vestberg says.

On the Left Coast, UCLA’s Anderson School of Management will engage student leaders around the world with a Global Business Leadership Competition April 10-12, 2008. Outstanding students from top-tier global MBA programs have been invited to represent their respective schools in this three-day competition. The event will provide a forum for students to learn from each other while showcasing and stretching their own leadership skills and interacting with global business leaders and academics.

The GBLC will address the situations and dilemmas that global leaders along any career path may face and will extend beyond a traditional business case to engage student teams in interactive, task-oriented scenarios that simulate leadership challenges. Schools will be ranked for their excellence in the GBLC and prize money will be awarded accordingly, with a first prize of $25,000.

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