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Excellent Performance by LYIT Students in Singapore

LYIT students represent Ireland in CIMA Global Business Challenge in Singapore in August 2009.

Four LYIT business students represented Ireland in the world final of the prestigious CIMA Global Business Challenge which was held in the National University of Singapore in August 2009.  The LYIT quartet (Andrew Fox, Bogdan Porumb, Siobhan Coyle and Michelle Gallagher) qualified for the Asian event by virtue of winning the Irish national final in UCD last June amid intense competition from 10 other colleges and universities.  As national winners, the team received an impressive Louise Kennedy crystal trophy, a cheque for €1,000 and, of course, the honour of representing Ireland at the CIMA Global Finals.  The winning team was mentored by LYIT accounting lecturer, Paul O’ Sullivan, who accompanied the team to Singapore.

National winners from the UK, Hong Kong, Sri Lanka, India, China, Malaysia and Singapore competed alongside the LYIT team in Singapore.  The British High Commissioner to Singapore, Paul Madden, formally welcomed all the teams to the event and opened what proved to be a day of high pressure and drama for all the competitors.  Based on an extensive case study, each team was required to deliver a presentation to the seven adjudicators and an audience of local dignitaries and business leaders detailing the most appropriate strategy for the case study company to pursue.  Following the presentation, each team had to field searching questions from an eminent panel of adjudicators, which included the CIMA worldwide president and the Managing Director of Barclay’s Bank in Asia.  As expected, the standard of performance from all teams was particularly strong.  Following a day of intensive competition, a very impressive team from Hong Kong emerged victorious.  The LYIT team was commended by the judges for an excellent performance.

The panel of judges also awarded a prize for “Business Leader of the Future” to the best individual student.  The exceptional performance of LYIT’s Andrew Fox was acknowledged by the judges as he was shortlisted for this prize which ultimately went to a very impressive Chinese student.  CIMA also used the occasion to launch new software called the Business Flight Simulator which is a computer based game simulating the day to day activities of a manufacturing company.  The LYIT team performed very well in this event finishing third overall.

Team mentor, Paul O’Sullivan, was delighted with the overall team performance, “CIMA is a globally recognised brand of quality in business and for our students to achieve such success reflects very positively on their abilities and their futures.  I am very proud of them”.

 


Mon, 18 Jan 2010 00:00:00 GMT

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