A team of RMIT students has achieved first place at the prestigious International Graduate Competition (IGC) hosted by the Canadian business school HEC Montreal.
This is the third consecutive year that RMIT has participated in the IGC competition.
Team coach and RMIT MBA Director, David Goodwin, said: “This was an outstanding performance by the RMIT team, against high calibre opposition. The solutions they recommended were client-appropriate and actionable. Their success was the result of thorough preparation.”
The competition requires teams to devise sophisticated solutions to a complex business problem under intense pressure.
After they access the case information, students have just 48 hours to finalise a detailed written report, a slide deck to support a half hour board-level presentation and materials for a ten minute pitch.
Teams were assessed on the depth of their analysis, the soundness of their integrated solutions, the quality of their written report and oral presentations and the effectiveness of their pitch.
Professor Mark Farrell, Head of the Graduate School of Business and Law, said the IGC competition simulates the pressures of real-world consulting practice while fostering a global outlook.
“Competing teams get to observe a range of styles and methods employed by other universities around the world,” he said.
“This serves as a ‘master class’ in the consulting skills which we teach in our MBA programs, as well as an opportunity to demonstrate excellence in key functional disciplines.
“Our experiences over the past three years have shown that students obtain tremendous benefits from participating in international competitions.
"They invariably return home excited about the possibilities of a global business career and determined to achieve the highest possible standards of excellence.
“They also gain a sense of confidence that their RMIT studies are equipping them to compete with the world’s best.”
The other competing universities were from Canada, the United States, France, England, Spain, Thailand and South Australia.
Story: Ainslie Logsdon