The “2017 Global Management Challenge – Dubai International Final” was held in Dubai on April 18, 2018. Team HONOR, made up of students of School of Business at Macau University of Science and Technology, represented Macao to compete in the international final and won the 2nd runner-up. Members of HONOR include doctorate student Wu Zi Lin, undergraduate students Huang Yue Yu and Jiang Zhe Yu; Associate Professor Tang Hua Jun, Head of Department of Decision Sciences, was their coach at the competition.
Wu Zi Lin (4th from left), Jiang Zhe Yu (4th from right), and Huang Yue Yu (middle) received the award certificates
There were altogether 22 teams from all over the world that entered the Dubai final; the teams were divided into four groups, with the top 2 teams of each group qualified to enter the final. After drawing lots, the Macao team was assigned to the group with Brazil, Czech Republic, Greece, and India; the teams competed five rounds for qualification to enter the final. After fierce competition, the Macao team entered the final successfully and eventually claimed the 3rd place at the final.
The 2017 Global Management Challenge has attracted more than one thousand teams from all over the world; while Macao had 101 teams entering the preliminary competition, including 95 student teams and 6 company teams; finally, “Honor” won champion at the Macao final, which qualified the team to represent Macao at the international final. Of the top 10 teams competed at the Macao final, 7 teams came from MUST; and M.U.S.T. students eventually claimed the championship, 1st runner-up and 2nd runner-up; this demonstrates the in-depth accumulation of the University’s academic achievements.
The Global Management Challenge is the world’s largest-scale global strategic management simulation competition held annually; the core of the competition is a computer system that is upgraded and perfected gradually, which builds an interactive computer model that is framed under the standard market economy, based on basic conditions of company management and unavoidable factors in real markets, and rooted in the basic theories of business administration. The competing teams are usually made up of three to five persons, who will simulate the operation of a corporation. Each team member needs to play the role of a departmental manager such as general manager, production manager, marketing manager, human resources manager, finance manager or research and development manager. Participants will use the competition information provided by the organizer to make a series of operation decisions for the company they are simulating to operate based on modern corporate management knowledge, and compete against other virtual companies in the same market.
MUST students (1st to 3rd from right), representing Macao won the 2nd runner-up at the international final
