UP Visayas bags global business challenge

MANILA, Philippines - The Scions of the College of Management of the University of the Philippines-Visayas (UPV) emerged as this year’s global champions in the 2011 Chartered Institute of Management Accountants (CIMA) Global Business Challenge held in Chengdu, China.

The team from UPV is composed of senior accountancy students Jerard Megg Cordero, Marra Francillan Cordero, Dominique Dabad and Ordisi Osonio. Prof. Arthur Barrido, Jr. is mentor of the group.

The CIMA Global Business Challenge is an international competition designed to bring out the best in the young business leaders.

Stage one consisted of a case study analysis, a test of professional competence in the management of an accounting case study. The participants were required to analyze the case based on a given scenario and then submit a 2,000-word report. Stage two was the synopsis and presentation.

Six teams were chosen to write a two-page synopsis and give an oral presentation. The Scions emerged as the Philippine Champion during the national competition at the Century Park hotel last June. De La Salle University and Far Eastern University landed second and third, respectively.

As the winning Filipino team, the Scions represented the country in the global finals, the third stage of which consisted of a presentation. Seventeen countries participated in the competition: China, Malaysia, Bangladesh, United Kingdom, Ireland, Australia, Sri Lanka, India, Pakistan, Singapore, Hong Kong, Russia, Vietnam, Indonesia, South Africa, United Arab Emirates and the Philippines.

Last year, the Scions placed third behind Hong Kong and Australia.