Another victorious year! Both our teams took first place for overall performance (a composite measure of financial success) in their respective worlds. If that weren't enough, one took first place in documentation (business plan and annual report) and the other was first runner up in documentation; essentially three first places and one second place out of a possible four.
Versa (Andrae Browne, Nikky Do, Francisco Melli-Huber, Truong Tu, Atul Wagle) navigated an enormously challenging macro-economic climate (hyper-inflation and a collapsing exchange rate) to claim victory. Consistently outperforming their competitors, they built a company worth over twice their nearest rival.
SparTech (Garima Sharma, Krishna Shastry, Roshi Sharma, Tariq Abudayeh, Yifan (Ivy) Peng) consistently outperformed its competitors, taking an early lead which the team never relinquished.
Our teams worked tremendously hard all semester and in the intensive phase in Long Beach had to cope with some competition-wide technical difficulties on the second day of the competition. Despite these problems—which necessitated repeating two quarters' decisions, added 3 hours to the work day and made an already stressful day even tougher—they took it in stride, kept their heads and did what it took to win.Thanks...
We'd like to thank Dean David Steel, AD Natalya Delcoure, and MBA Director Macro Pagani for their commitment to the competition. We are also hugely greatful to Abdel El-Shaieb, Stephen Achtenhagen, Valentina Gorbunova, Sandeep Kylas, Alexander Ciak, Martin Krockenberger, Michael Whittington, Chris Heavingham, Patrick Grogan, Monikka O'Neil, Brian Wong, Sun Chou, Margaret Farmer, Dora Ruiz and Caitlyn Caraccioli. Thank you all!
Since 1982, students from the College of Business at San José State University have competed in the annual International Collegiate Business Strategy Competition, an intercollegiate business simulation contest between schools from around the country and abroad.
After some initial training in January, teams plan and implement 20 quarterly sets of managerial decisions guiding a virtual company through 5 years of operations. In the course of the 3 months of the competition teams learn to integrate functional business knowledge, navigate challenging macro-economic conditions, and develop a strategic plan and coherent tactical responses to changing market conditions and competetive actions. Success depends on building a coherent understanding and a predictive model of the business, assessing risk, disaggregating assumptions, and executing flawlessly.
Teams are evaluated by judges from a variety of industries—who bring an enormous amount of high-level managerial experience to the competition—on the level and consistency of their company's financial performance, the quality of their business plan and an annual report.
For more information, see:
Participation in the competition may earn course credit through registration in B294. Admission is by instructor consent.