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International finals of GMC competition under the auspices of the President of the Republic

International finals of GMC competition under the auspices of the President of the Republic

24.10.2014

This year´s biggest world competition on Firm Management Simulation - Global Management Challenge – will be quite exceptional. The University of Finance and Administration, which is holding the competition in the Czech Republic and in Slovakia, will organize the international finals in Prague from 21st to 23rd April 2015. This event will be attended by nearly 30 teams from all over the world. Moreover, it has recently been confirmed that this competition shall be held under the auspices of Miloš Zeman, President of the Republic, which enhances the prestige of this event even more.

Only a few days remain to accept the challenge and to join the competition! Accept the role of a manager in the biggest managerial competition in the world with the support of significant partners, such as J & T Banka or Škoda Auto – general partners of the competition. Submit your applications before 30th October 2015 at www.vsfs.cz/gmccz. The main prize includes the representation of the Czech Republic at the international finals as well as a free MBA study programme that is being prepared by VŠFS in cooperation with the renowned City University of Seattle.

Global Management Challenge tests theoretical and practical managerial skills of students and teaches them the responsibility and consequences of their decisions. It depends on them only if the virtual firm managed by them succeeds on selected markets. One of the strong points of the competition is the cooperation of students with prestigious firms. These get involved in the project as partners as well as sponsors supporting their teams. The firms provide the competitors with expert assistance and advise them on the principles of company management; however, the decisions are made only by students themselves.