RMIT Vietnam NewsRMIT students beat tough competition to win KPMG business contest

RMIT students beat tough competition to win KPMG business contest

Thursday, March 8, 2012 - 09:57
The Managing Partner of KPMG, Mr Warrick Cleine awards RMIT Vietnam (from the left): Trinh Hong Duc, Quach Kim Thien Trang, Hoang Bao Chau, Nguyen Nhu Ai

Four students from RMIT International University Vietnam have won a national competition held amongst Vietnamese universities by international accountancy and business advisory firm KPMG in Ho Chi Minh City.

The two-round contest on Friday 2 March welcomed 10 teams from different universities in Vietnam, each required to review business case studies, and present their ideas to a panel of senior KPMG managers and Partners.

In the first round, each team was given two weeks to examine a business case and prepare a 20 minute presentation to be delivered in front of the judging panel.

In the second round, finalists were given another case study on the Gulf of Mexico oil spill, this time with only three hours to analyse the case before presenting their ideas and solutions as ‘consultants’ for the major oil company involved.

After four presentations and tough Q&A sessions, the Managing Partner of KPMG, Mr Warrick Cleine announced RMIT Vietnam as the winning team, with a team from Hoa Sen University as the runner-up.  Ho Chi Minh Open University and Ho Chi Minh City University of Economics and Law, were the other two finalist teams.

The winners of the KPMG International Case Competition, Nguyen Nhu Ai, Hoang Bao Chau, Quach Kim Thien Trang and Trinh Hong Duc will represent Vietnam in the international final of the competition to be held in Hong Kong on April 17-20, competing against teams from 30 other countries. Travel and accommodation expenses will be supported by KPMG Vietnam.

“We’re very pleased to see the success of this group of students,” RMIT Vietnam president Professor Merilyn Liddell said today. “Their win is not just an achievement for them, but also comes close upon a series of wins by our students in other competitions. Employers continue to tell us that one of the advantages of employing RMIT graduates is that they have good problem solving skills, recognise issues and opportunities clearly, work well in teams, and are driven by results. This latest achievement gives us further assurance that the learning and teaching philosophy we apply in Vietnam and elsewhere pays real dividends to our students.”

The head of RMIT’s Centre for Commerce and Management, Professor Julian Teicher, said he was optimistic about the forthcoming international finals, and grateful for the opportunity provided to students by KPMG:  “We wish our students all the best in Hong Kong . Whatever the outcome, I am sure they will make Vietnam proud.”