MISSOULA – Three University of Montana students from the School of Business Administration became finalists in an online international business simulation after battling nearly 850 students and demonstrating world-class managerial expertise.
Yibo Fan, Ji Qiu and Yutong Tian won second place in the Capsim Spring 2016 Foundation Challenge, scoring 642 out of 1,000 possible points and 81 points above the third place winner. The team had 11 days to complete eight qualifying rounds and two days for the eight final rounds of the online simulation, competing with participants from 18 countries around the globe.
Qui and Tian are majoring in finance, and Fan is double majoring in accounting and finance with a minor in math. All three plan to graduate this spring.
The team used Foundation business simulation in a class taught by management information systems Professor Shawn Clouse and decided to put their skills to work in the Capsim Challenge.
“I learned many things as I played,” Tian said. “When I made mistakes, I read the reports to solve it. I believe I will meet the same challenges in my work in the future.”
Capsim Managing Director Reda Chafai said the challenge gives finalists a tangible, milestone achievement to add to their resume, showing their career readiness and business skills. These competencies are what the National Association of Colleges and Employers seek.
“No. 1 is critical thinking and problem solving,” Chafai said, “or how students use knowledge, facts and data to analyze issues, make decisions and overcome problems. This is the essence of the business simulation experience.”
Other participating countries in the Capsim Spring Challenge included Australia, Brazil, Denmark, Egypt, Israel, Russia, Thailand and the UAE.
This marks the fifth time UM students have placed in the top of the competition. Past winners include Curtis Wallette, who won first place in the spring 2013 competition; Christopher Chew, who won second place in fall 2013; Donna Weathers, who finished second in spring 2014; and Don Helliwell, who won fourth place in fall 2014.
The biannual Capsim Challenge is free and open to all students who have used the business simulations Capstone, Foundation or GlobalDNA in their school curriculum. Thousands of participants compete in running a multimillion dollar simulated company.
More than 600 business schools and corporations from around the country and abroad have participated in Capism’s simulations.
To learn more about Capsim, visit http://www.capsim.com/.