The 61st International Collegiate Business Strategy Competition
November 13, 2024
Contributed by: Jennifer McCleary
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What you need to know!
For 60 years, colleges from the United States and around the world have sent undergraduate and MBA teams to compete in the International Collegiate Business Strategy Competition. Each team takes over the management of a manufacturing company competing directly against 4-5 other firms in its Simulated World.
The team assumes responsibility for key strategic and operational decisions in marketing, finance, and operations. Eight quarters of historical data are provided as the starting position wherein all teams are identical; then 20 sets of quarterly decisions are submitted by the teams for company operations over a simulated period of five years.
Each team is responsible for a strategic business plan, an annual report, and one formal oral presentation to judges (who serve as the simulated Board of Directors). Team members have the experience of running their own company and learn first-hand how a group effort can result in synergy and enthusiasm. For more information about the competition, please visit its website at http://www.icbsc.org.
Please refer to 2024 ICBSC Student Application Package