International Business Case Competition
2021 IB Case Competition
March 4-5, 2021
The International Business Case Competition is an annual event in which students from several different universities, especially minority serving institutions are placed in groups to solve a real-world business problem. The challenge provides students with the opportunity to meet students from other universities as well as gain insight on real-world business issues. As the program provides each student with beneficial skills and experience, it also has strict criteria that need to be followed. The students are assigned to teams of four students, but with the requirement that every student from the team is from a different university and majoring in a distinct field area. This will allow students to work through multiple cross-cultural obstacles, including different study habits, learning methods, and even diverse university cultures. The fields represented during the Case Competition are Finance, Accounting, Marketing, and Management & Operations.
At the start of the first day, the students are given the time to participate in a variety of events that are meant to build up their trust and familiarity with each other. Later, each team is given their case and has the rest of the day to come up with the solution. On day two, the teams stand in front of a panel of judges and present their solution to the case.
The International Business Case Competition is funded by the U.S. Department of Education with a goal of mounting the competitiveness in the global market. The competition not only allows students to work together in teams, but it also prepares them to enter the global job market, in which they will be confronted by actual business problems.