Updated on: Thursday, June 23, 2011
The Chartered Institute of Management Accountants (CIMA) announced Bits Pilani Goa Campus as the winner of the national round at the India finals of the 2011 CIMA Global Business Challenge on June 11. This is the second consecutive time that BITS Pilani Goa Campus has won the National Final of the CIMA GBC. The six teams that qualified for the national finals are NMIMS University, BITS Pilani-Goa Campus, Stella Maris College, Christ University, Sri Guru Gobind Singh College of Commerce and IIT-Delhi.
This year, more than 400 teams from all over India participated in the competition. The finalists went through a rigorous selection process, which include a case study report submission and a regional final before they made it to the India Final. For the second in a row, BITS Pilani Goa Campus was declared the winner by a panel of eminent judges. The winning team will represent India and compete with teams from countries such as UK, Ireland, Hong Kong, Sri Lanka, China, Malaysia, Pakistan, Philippines, Singapore, South Africa, UAE, Bangladesh and Australia at the global final to be held on July 23 and 24.
“The CIMA Global Business Challenge is part of CIMA’s endeavour to prepare the student community for the world of business. It presents participants with real life business problems and challenges them on a number of parameters such as problem solving abilities, leadership and communication skills. The winners have shown remarkable confidence and ability in their presentation and we hope that they go ahead to win the Global Finals,” said Arati Porwal, chief representative, CIMA India.
The 2011 CIMA Global Business Challenge is an international business management competition designed to bring out the best in potential business leaders among students. The competition is open to full-time undergraduates of public and private colleges and universities. The international competition provides students with a great opportunity to test the depth of their financial knowledge, try out their business management skills, expand upon their competitive ability, and has even led to internship opportunities from well known organisations. Teams will be expected to analyse, report and present on a CIMA case study.