April 3, 2013
Out of 310 top university teams from across the country, University of Glamorgan students came second in a UK wide IBM sponsored business competition.
Despite a number of teams from Welsh universities entering the contest every year, no Welsh team has reached the finals since 2001, and this year the Glamorgan team were just piped at the post in the final round, by Exeter University.
The Universities Business Challenge is open to all undergraduate university students in the UK and teams are made up of between four to six students. The students operate as directors by running a realistic, simulated company, making all the critical business decisions that affect the company’s performance. Each team meets regularly and discusses changes to the business strategy by submitting decision sheets online. The impact of the team’s decisions is calculated and financial statements of the current position of the company are returned to the teams on a weekly basis; each week represents a six month duration of the business.
Bradley Kirkpatrick, a BA (Hons) 2nd year Logistics and Supply Chain Management student said, “It was an amazing experience and I think we have all enhanced our employability and enterprise skills, which will undoubtedly stand us in good stead when we enter the jobs market.”
Supporting Senior Lecturer, Paul Peachey, said, “I returned from the IBM Headquarters in London with great pride having witnessed an outstanding performance from the team of Simon Johnson (Team Leader), Hayley Nash, Harry Stilling, Luke Ellis and Bradley Kirkpatrick.”