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Undergraduates urged to participate in CIMA global challenge

The Chartered Institute of Management Accountants, CIMA,  has invited entries from undergraduates in universities, polytechnics and monotechnics across Nigeria to participate in this year’s CIMA Global Business Challenge (GBC). The GBC is an international business competition hosted in conjunction with
Barclays across 26 countries.  This is the first time that Nigeria will compete in this prestigious competition which allows undergraduates the opportunity to test their skills and showcase their talent.

However, the winning teams will travel to Warsaw, Poland, in August to compete in the global final for the title of GBC Global Winners.

CIMA is the world’s leading and largest professional body of management accountants with over 227000 members and students in 179 countries.

Meanwhile, interested full-time undergraduate students with a passion for business and finance are invited to register for the Nigeria GBC challenge coming up on  17 April this year.

Teams of four compete by analysing a case study based on CIMA’s test of professional competence and submitting a 3000 word report by 28 April. Once reports are submitted and assessed, four teams are selected and the final short-list will be announced. These teams are invited to participate in the Nigeria final in Lagos on 30 May 2015.

Commenting on the 2015 GBC, Ijeoma Anadozie, Country Manager, CIMA said: “The Global Business Challenge is an internationally acclaimed platform which helps students exhibit the knowledge, skills and competency needed to make them future business leaders, while giving them a unique opportunity to test their analytical skills revolving around business and financial management. We have experienced a positive response from our initial discussions with universities and are expecting to receive hundreds of registrations for the competition.  The teams then need to ensure that their reports are submitted on time for assessment and marking so that the shortlist of competing teams for the national final can be announced.Last year’s GBC Global Finals held in Mumbai showcased talents from 24 teams.”

The CIMA Global Business Challenge emphasises on CIMA’s vision to develop and nurture young talent around the world. It helps undergraduate students to foster better interpersonal and communications skills, by working together as a four-member team to present a business case study.

Previous years of the competition have featured more than 16,000 participants from over 550 universities across 26 countries that include the United Kingdom, South Africa, China, Singapore, India and Ghana. The CIMA Global Business Challenge has grown year on year, from eight participating regions or countries in 2009 to 26 in 2015.
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