University of Exeter Team Victorious in CIMA Global Business Challenge

by Rebecca Hall on 9 Aug, 2012

A team of young students from the University of Exeter have conquered all in their path to win the Business Challenge (GBC) hosted in Sri Lanka by the Chartered Institute of Management Accountants.

The red-hot business minds of Kate Beattie, Adam Boadbent, Ronald Liong and Ben White made up the Exeter team ‘The Indivisibles’ who battled against 300 other teams to win the regional heats before going on to defeat 14,000 international students to claim overall victory in Sri Lanka.

Given an initial case study on one of innumerable management questions and situations, each team needed to produce a 3,000 word report on the study and prepare themselves for a gruelling Q&A session from an expert panel of judges. From there, the shortlisted teams faced an international panel that gave their case study report an even more thorough analysis and grilled the teams relentlessly in the final round of questions.

The GBC event is designed to act as a platform for young business leaders to demonstrate their talents at an international level. It also gives them the opportunity to see firsthand what it is like to be a member of CIMA, as a number of the industry’s top employers as judges and speakers. This gives young business people the chance to shine and potentially attract important contacts or even a new employer. It also gives them insight into the CIMA course structure and how being a member can be a major asset in securing well-paid positions in management accountancy.

Andrew Harding, Managing Director at CIMA lauded the team’s achievement and highlighted the importance of the event itself, saying: “The GBC is the most important student event in CIMA’s calendar as it gives the world an opportunity to discover the business leaders of tomorrow and allows these future leaders an opportunity to showcase their talents on a global stage.”

According to Kaplan Financial, a CIMA qualification is extremely versatile in allowing members to work in a variety of commercial industries such as banking, management consultancy, accounting, public sector organisations and non-profit entities. The average salary of a CIMA member is £52,680 as many top-flight CEOs and CFOs have memberships in the institute. For young businessmen and women considering a future in management accountancy or related financial industries, CIMA could be a viable option.

The delighted Exeter team were understandably thrilled by their victory and the chance to showcase their skill at the highest level: “This is unbelievable – we have faced a gruelling six months to get to this stage. When we made it through to the final six teams, I think we all really began to believe we could actually win. This gave us focus and clarity for the final round of questions.”

About the Author

Rebecca Hall

Rebecca Hall worked as an independent mortgage adviser for 10 years before turning to financial journalism full time. She has strong links to the CAB advising families on mortgage refinancing.