The International Collegiate Business Strategy Competition is a challenging competitive event that serves universities, their students and the business community. The Competition provides students with an exciting learning experience in which they, in direct competition with other college teams, run a simulated company and have the opportunity to network with business executives and students from around the world. Universities benefit by participating in a program that encourages student engagement, builds school pride and provides their best students with an experience that can jump-start their careers with a resume-building activity. Our business partners benefit by being able to meet and recruit talented individuals who have had the personal and professional growth experience of the ICBSC.
What is the Competition?
In this competition, university teams of four to six students take over the management of a simulated manufacturing company competing directly against 4-5 other firms run by competitor teams from other universities. Teams in the competition are divided into “worlds” of about four to six companies with undergraduate teams and MBA/MA/MS teams having their own worlds. Each team assumes responsibility for key strategic and operational decisions in marketing, finance, and operations. Team members have the experience of running their own company as they strive to outperform their rivals.
Why is this Competition unique?
This business competition involves both a remote phase and an intensive phase that, together, extend over a period of about ten weeks. The remote phase begins the last week of January at home campuses; the intensive phase will occur about April when all teams travel to the on-site hotel. During the intensive phase, students meet their peers from other universities, an experience which intensifies the competitive element of the competition and encourages networking.
What do students say about the Competition?
“The competition gave me the resources and knowledge that cannot be learned in a classroom. It showed me the importance of having a solid plan and being able to execute it. Most importantly, I can attribute a big part of my success in Parker Aerospace’s graduate program to specific lessons learned during the competition.” –Rudholff Bischoff, 2010 undergraduate competitor
Visit ICBSC Website