The Robert H. Smith School of Business at the University of Maryland announces the launch of the Cross-Cultural Wireless Business Growth Challenge for 2018. This on-line global business competition is exclusive to GBSN member schools. The first Cross-Cultural Wireless Business Growth Challenge will begin in late February or March of 2018. The simulation will increase global mindset and test a wide array of the students’ business skills.

Registration for the 2018 Cross-Cultural Wireless Business Growth Challenge is now closed.

General Information

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 February or March, 2018 and take place over the course of two months. Each university will create one team of 4-5 MBA students to compete in this on-line competition. The simulation is focused on financial decision-making and forecasting in cross-cultural environment. All teams participating will receive a certificate of completion after the competition. A prize will be awarded to the winning team.

Each team will be made of 4-5 current MBA students, and each will have a faculty/ staff advisor. By taking on this role, the advisors will develop skills and knowledge related to on-line simulations.

Objectives

  • Engage students from GBSN member schools in a collaborative, online, global learning exercise. 
  • Provide an experiential method for students to learn about international business. 
  • Provide a mechanism for collaboration and sharing among GBSN members. 
  • Provide professional development to GBSN members on the application of simulations to business school education.
  • Recognize, reward, and celebrate high-performing business teams from around the world.

Mechanics

  • Decision-making: Participating schools establish a team of 4-5 MBA students who access an online simulation. Each team makes a decision every week for six weeks. One week represents a year. Each team receives feedback from their faculty/staff advisor after every round about the impact of its decisions on business performance. The team with the highest Cumulative total shareholder return will be declared the winner. 
  • Access: The simulation can be accessed anytime during the simulation and does not require sharing within teams. 
  • Reliability: The simulation has 99% uptime. Access is provided via internet. 
  • Cost: Participating schools will pay US$200 for the team to access the simulation. 
  • Prize: All teams participating will receive a certificate of completion after the competition.

Competition Details

Participating schools will establish a team of 4-5 MBA students who will access an online simulation. Each week for six rounds, each week representing one year, every student team will be presented with new information, analyse the information and form a collaborative decision. Following every round, each student team will receive feedback about cultural decisions on business performance. The team with the highest sales and profit will be declared the winner.

The simulation can be accessed anytime during the week and does not require sharing between teams. The simulation can be accessed via internet.

All teams competing will receive a certificate of completion after the competition. A prize will be awarded to the winning team.

Eligibility and Requirements

  • Each GBSN member school may register one team
  • Each team will consist of 4-5 students from your university
  • Students must be MBA students at the time of the competition
  • Each team must have one faculty/staff advisor

The faculty/staff advisor will:

  • Advise students from their university on a weekly basis and participate in possible weekly calls
  • Provide simulation feedback and recommendations to the organizers about design and implementation for future simulations

Dates & Deadlines

Registration Phase (July 1 – December 1, 2017)

Registration Deadline: December 1, 2017
Each university team must have all members confirmed (students plus faculty advisor) by January 25, 2018.

Information session (November 1, 2017)

The Robert H. Smith School of Business will host an information session about the simulation at the GBSN members meeting on November 1, 2017. This session will provide information about:

Insight from the pilot last year

Benefits for Universities and Students participating

Presentation about the 2018 simulation and new developments this year.

If you are interested in participating the information session, please contact:  ogi@rhsmith.umd.edu by October 13th

Orientation and Training Phase (February, 2018)

An orientation to the simulation will be provided for the schools that will participate in the simulation.

Competition Phase (Starting late February or March – for a duration of 2 months)

The competition will begin in late February or March, 2018 and will take place over the course of two months. The winning team will be announced at the conclusion of the simulation.

Registration

Registration for the 2018 Cross-Cultural Wireless Business Growth Challenge is now closed.

About the Robert H. Smith School of Business

 
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate; full-time, part-time, online, and executive MBA; specialty masters; PhD; and executive education programs, as well as outreach services to the corporate community.
www.rhsmith.umd.edu/

Questions?

 
For any questions, please contact ogi@rhsmith.umd.edu