RMIT Vietnam NewsDouble honour

Double honour

Monday, August 12, 2013 - 11:30
Team Alpha received their first prize of the competition
Team Twenties received their third prize

RMIT Vietnam successfully defended their title of championship at the national round of an international business case competition.

Two teams from RMIT University Vietnam have won the national round of the CIMA Global Business Challenge 2013 held amongst Vietnamese universities, which made the University a successful defending champion after their title last year.

The CIMA Global Business Challenge (GBC) is an international business competition for undergraduates, designed to discover and nurture future business leaders. As the national champion, team Alpha from RMIT Vietnam - Hanoi campus will be representing Vietnam in the international final round to be held in Johannesburg, South Africa on 28-29 August to compete with teams from 23 countries all over the world.

Besides team Alpha, team Twenties from Saigon South campus was another representative of RMIT Vietnam at the country final round, which involved the top four teams shortlisted out of 60 teams nationwide based on their report to a business case on a toy manufacturing company.

At the national finals held on Thursday 25 July, each team gave an oral presentation and a video introduction about their report to a panel of judges including professors, managers, directors and CEOs from Barclays, CIMA, Saigonbank Berjaya Securities, CapitaLand Vietnam Holdings and Universiti Teknologi MARA.

After presenting and answering tough questions from the judges, team Alpha was crowned the winner, with the team from Foreign Trade University as the runner-up. Team Twenties came in the 3rd place together with the team from Hanoi University. Quyen Ngoc Khanh from team Alpha was also honoured the "Best Speaker" Award of this competition.

"I felt very happy and proud of our win because the other teams also did a great job. I think what made us succeed was that our case analysis was very detailed and we showed the spirit of teamwork all the time," shared "best speaker" Quyen Ngoc Khanh.

"Besides, we also got helpful support from RMIT lecturers and practical experience from courses such as International Business, Industry Project, Logistics, Cost Management and other Marketing courses," she added.

Both team Alpha and team Twenties were made up of students from Bachelor of Commerce and Bachelor of Business. Members of team Alpha are Quyen Ngoc Khanh, Nguyen Thu An, Doan Tuan Vu, and Nguyen Hoai Anh. Team Twenties includes Tran Phung Khanh Lam, Nguyen Phuong Quynh My, Pham Huu Hong Ngoc and Nguyen Huynh Anh Ngoc.

The CIMA Global Business Challenge 2013 is held annually by the world's largest and leading professional body of management accountants CIMA (Chartered Institute of Management Accountant). The competition has evolved from eight participating regions around the world in 2009 to 22 countries in 2013, demonstrating the success and global reach of the challenge.