The Exeter teams.
IBM Undergraduate Business Challenge Success
Two teams of students from the University of Exeter Business School competed in the IBM Undergraduate Business Challenge (UBC) Finals, held at IBM Bedfont Lakes, London on 19th March.
280 teams comprising over 1,200 students from more than 80 universities entered the 2009-10 challenge, with just ten teams winning through to the final. Our two teams came second and ninth in the final, the third time that a team from Exeter has been runners-up in the competition. It was a closely fought final round and the team that came second actually created the most profit during the game but was just nudged out of the first place position when share price was taken into account.
The School would like to congratulate our finalists, the second placed team of Khabir Mahtani, Vin Chan, Sally Edwards, Charlotte Haddy and Rebecca Edwards and the ninth placed team of Megan Warwick, Elizabeth Gee, Elizabeth Cracknell, Matthew Lewis and Edward Abbot.
The IBM UBC is a realistic business simulation that is designed and run to develop student employability. The simulation provides students with the opportunity to act as a team of management consultants who have taken responsibility for improving the performance of a business. They need to take into account not only the financial performance of the company, but also its responsibilities to its various stakeholders, including its suppliers, its customers and its employees. Undergraduate teams from universities and colleges across the UK compete to achieve maximum profit, acquire new business and enhance customer satisfaction.
Dr. Rachel Torr, Employability Officer at the Business School commented, ’We place a great deal of importance on the employability of our graduates, both in the Business School and throughout the University as a whole. To have two teams from Exeter win through to the final ten is not only a reflection of this commitment by us but also demonstrates the quality and ability of our students. We are all extremely proud of their exceptional performance.’
Date: 26 March 2010