Robert H. Smith School of Business Launches First Cross-Cultural Wireless Business Growth Challenge for GBSN Member Schools

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GBSN member schools are invited to participate in a worldwide Cross-Cultural Wireless Business Growth Challenge organized by the University of Maryland’s Robert H. Smith School of Business. The competition will begin in late January 2018 and take place over the course of two months. University teams from around the world will compete via an on-line platform in a two month cross-cultural business simulation. The simulation will increase their global mindset and test a wide array of the students’ business skills. The on-line simulation is focused on financial decision-making and forecasting in cross-cultural environment. Each team will consist of 4-5 students … Read More

The Fintech Challenge and the New Face of Banking by Austin Okere (Part 2)

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This is the concluding part of the two part series written by Austin Okere, Founder & Executive Vice Chairman, CWG Plc and Entrepreneur in Residence, Columbia Business School, New York. Austin Okere also sits on the GBSN Advisory Board.   Money is going Digital Around the world, central banks from England to China have publicly floated the notion of issuing their own national digital currencies. Conceptually, they like the idea of harnessing the upside of the digital revolution; mobile payments in particular, while preserving the existing legal and regulatory set up. Practically, they expect significant cost savings, a reduction of operational … Read More

The Fintech Challenge and the New Face of Banking By Austin Okere (Part 1)

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This article is written by Austin Okere, Founder & Executive Vice Chairman, CWG Plc and Entrepreneur in Residence, Columbia Business School, New York. Austin Okere also sits on the GBSN Advisory Board.   Should Banks be changing? After centuries of conservatism in receiving deposits and making loans, should banks be changing? There are two main issues stirring the yearning for change: The first being that it is a very difficult Club to join, and hence the large population of unbanked adults. Secondly, even for the members of this elite club, the relationship is acutely skewed in favour of the banks; naturally … Read More

Austin Okere’s Five Forces Model for Analyzing the Future of Banking

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This article is written by Austin Okere, Founder & Executive Vice Chairman, CWG Plc and Entrepreneur in Residence, Columbia Business School, New York. Austin Okere also sits on the GBSN Advisory Board.   Having enjoyed centuries of monopoly, assured by the support of regulation, including through stringent requirements to new licensees, the erstwhile secured future of traditional banks is facing a heightened threat of disruption from Financial Technology companies (or FINTECHs), who are exploiting pent-up customer dissatisfaction and new technologies such as block chain, coupled with the significant boost in smartphone adoption and pervasive broadband to disrupt the sector. The foundation … Read More

UNCTAD Business School for Impact Program Launches 1st Round of Summer Internships

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UNCTAD’s Business Schools for Impact has just launched its first round of summer internships for business graduates who want to make a difference. Some 20 internships are available in 12 countries in Africa, Asia and Latin America, with businesses ranging from start-ups to mid-sized, and commercial entities to social impact firms and foundations. These internships are intended to give impact-minded students an opportunity to make a difference, while gaining valuable experience in the field. Participating businesses are small with limited resources. Interns will therefore have a rare chance to immerse themselves in helping find real solutions for substantive challenges facing … Read More