CapU teams win the Western Canadian Business Competition for the third year in a row
Both CapU's junior and senior teams won the Western Canadian Business Competition in Kelowna, March 10 to 12, 2017.
Both teams won in 2016 and the junior team won in 2015. This year, seven students also won individual awards.
Both teams were tasked with handling a government-forced breakup of a conglomerate. Before the competition they learned business simulation software and wrote 20-page strategic plans for submission to the judges.
Instructor Robert Bruce explains students quickly analyzed business data and immediately used what theyd gleaned in each of the eight rounds of the business simulation. CapU's teams emerged with the largest cumulative profits and largest shareholder wealth. They also impressed successful business people on a board of directors in one-on-one interviews and with their presentations.
On the senior team, Alex Avis won Best CEO, Gary Guo won Best Vice-President (VP), Finance, Marissa LeSire won Best VP, Marketing and Navid Sazegar won Best VP, Human Resources.
James Stone on the junior team won Best CEO, Harrison Cho won Best VP, Finance and Camila Stankevicius Bueno won honourable mention in the VP, Marketing category. Harrison Liu rounded out the junior team.
"Competition was fierce this year," says Bruce. "Given the number of individual awards, our students made a great impression on the board members."
"Teamwork was critical to our success," says the senior teams CEO, Avis.
"In a classroom setting were presenting in front of our peers," says the junior team's CEO, Stone. "In the competition, learners are running a company, were pitching this to business professionals, so it gives you an insight of what you can expect as you go forward in the business world."
"Congratulations to these students who pulled together as team members, applied their analytical skills and obviously impressed the judges by communicating their ideas well," says CapU President Paul Dangerfield. "This is the type of learning experience where our students shine."
Bruce and business instructor Judith Watson coached students on their presentation skills before the competition, and instructors Ronald Wong and Ann Cederholm accompanied students to Kelowna.
"The quality of teaching in our bachelor of Business Administration program and the commitment of our instructors to students success beyond the classroom is evident and consistent with the excellent results at the competition," says Halia Valladares, dean of the Faculty of Business and Professional Studies.
Submitted by: Communications & Marketing