Team Wins Business Simulation Contest Awards

MBA students receive second-place honors in best overall and best documents categories

business students with award

From left, Chihiro Yamaguchi, Gurmeet Kharbanda, Kiwi Huang, Sebastian Dombrowski, Tony Huang and Misa Lin, a team of MBA students who won several awards at a business simulation contest.

RIVERSIDE, Calif. ( — A team of University of California, Riverside MBA students recently received two second-place honors at a simulated business strategy competition at Cal State University, Long Beach.

The team won the honors in the best overall category and the best documents (business plan, annual reports to shareholders) category at the 48th annual International Collegiate Business Strategy Competition held April 19 to 21. The event was attended by 32 schools in the United States and Canada.

business students at business simulation contest

The UC Riverside team with their advisor Roger Conway.

Roger Conway, the students’ advisor and an adjunct management professor, said the experience mirrors his personal experience with a million-dollar plus strategic management simulation offered to Boeing senior executives.

“The students were incredible,” said Conway, retired senior fellow at the Center for Creative Leadership. “Their teamwork, mutual support, personal sacrifices, and hard work exceeded my expectations for this competition.”

The six-member UCR team, “MBAUCR, Inc.,” is headed by MBA student Chihiro Yamaguchi, who serves as their company’s CEO. The other members, each assigned their own areas of expertise, are:  Sebastian Dombrowski (sales and marketing); Kiwi Huang (sales and marketing); Tony Huang (finance and accounting); Gurmeet Kharbanda (operations and marketing); and Misa Lin (accounting and finance).

They are the first team fielded by UCR the International Collegiate Business Strategy Competition.

Started in 1965, the competition provides students with the opportunity to simulate a company and make high-level business decisions, as well as face the outcomes of those decisions, as C-level officers might.

The competition spans seven years (with four quarters each) of activity for each team’s company, with actual simulations started in the third year.

Business students pose with awards and deans

Students pose with their awards and Yunzeng Wang, interim dean of the School of Business Administration, and Rami Zwick, the associate dean

In the ten weeks prior to the event, the teams started making decisions remotely for each quarter up until the end of the fifth year. The last two years’ decisions were made during the “intensive” or on-site phase of the recent competition at California State University, Long Beach.

In addition to the decision sets for each quarter, students were required to submit a business plan with supporting financial projections. They also submitted an annual report upon arrival to Long Beach.

All participants were then given $10,000 simulation dollars to play the stock exchange in the last two years of the simulation. All were given access to each company’s annual report and financial projections. They then received financial gains or losses based on their investment strategy.

The award for best documents reflected on the quality of their written materials and a “grilling” from the judges on the match up of their performance to their submissions.

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