Second place in the division and two special prizes at the International Case Competition at Maastricht

Delivering an excellent performance, the team of four students representing the Babeș-Bolyai University, Faculty of Economics and Business Administration and the GTK Business Consulting Club from Cluj-Napoca won the second place in their division at one of the most prestigious case competitions of Europe, the International Case Competition @ Maastricht, organized by Maastricht University from the Netherlands, School of Business and Economics. Our team placed before the National University of Singapore and the Korea University Business School. The members included Beatrix Farkas-Hegyi (Management, 3rd year), Ákos György (Finance and banking, 2nd year), Réka Izsák (Finance and banking, 3rd year) and Dorka Tiboldi (Business information systems, 3rd year) from the GTK Business Consulting Club.

In the period of April 20-23, 2021, the School of Business and Economics of the Maastricht University organized online the International Case Competition @ Maastricht 2021, with the participation of 16 teams representing prestigious business schools coming from four different continents. The competition had two separate rounds where students were given the task of solving business cases: a 4-hour and a 24-hour case. The 16 participating teams were divided into four brackets, each containing 4 teams to compete with each other for the qualification to the finals.

At the beginning of the competition, the team of Babeș-Bolyai University won the “Social Media Challenge”. Afterwards, the 4-hour case solving took place, where the students developed a market developing strategy for the Maastricht Centre for Entrepreneurship and Innovation, acquiring the third place in their division.  During the competition week, the team won another social activity challenge, the so-called “Crazy 88” challenge, proving that they cannot only take part in teambuilding social events in the offline sphere, but in the online world as well, these activities being an important part of such events.

In the second round, the team developed a strategy for risk management in procurement for the German company Covestro, an international company from the chemical industry. The team won the second place in their bracket, placing after the Hong Kong University of Science and Technology, the university which has won the overall competition as well. The second place in the finals was awarded to Maastricht University, School of Business and Economics, while the third place went to Queen’s University, Smith School of Business.

The coordinators of the team were: Levente Szász, Lehel-Zoltán Györfy and Béla-Gergely Rácz.

Congratulations to our team and to the coordinators!