Capital University

Capital University Business Students Take Top Honors in Global Competition

Capital University Business Students Take Top Honors in Global Competition

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FOR IMMEDIATE RELEASE:
Contact: Nichole Johnson
Assistant director for media relations
Capital University
(614) 236-6945

Capital University Business Students Take Top Honors in Global Competition

COLUMBUS, Ohio, Friday, April 27, 2007 - A team of Capital University students recently beat out 150 student teams worldwide to win the Spring 2007 Foundation Challenge hosted by Management Simulations, Inc.

The challenge ranks participants using the balanced scorecard, a strategic assessment tool that accurately measures a business unit's progress by considering the customer perspective, internal business dealings, demonstrated innovation and learning and financial growth.

All students in the School of Management’s senior-level business policy and strategy class, taught by Dr. Elene Kent, are required to complete the simulation as a class project. After winning the class competition, students Michael Ely, Christine Snyder and C. Scott Stanton went beyond the course requirements and teamed up for the global, Web-based Foundation Challenge.
 
The competition simulates the global marketplace, as students assume the roles of corporate executives and make decisions in the areas of research and development, production, human resources, marketing and finance. Each team uploads its decisions to a server each week, which corresponds to a year in the simulation. Results are posted the following morning, and the process is repeated for eight weeks.
In the competition’s final round, the process speeds up, requiring students to sift through volumes of information and make executive decisions each hour. The company’s stock price, bond rating and market share are among the performance measures used to determine teams’ success.

MSI sponsors two competitions – the Foundation Challenge for undergraduates, and the Capstone Challenge for graduate students. This year, the competitions included teams from dozens of countries worldwide, including Australia, Canada, Chile, France, India, Japan, Kenya, Korea, Nicaragua, Poland, Spain, Turkey, United Arab Emirates and the United States.

Finalist results from MSI’s Spring 2007 Foundation Challenge:
First Place: Michael Ely, C. Scott Stanton and Christine Snyder, Capital University; Dr. Eileen Kent
Second Place: Jeremy McDonald, Montana State University-Billings; Professor Patricia Holman
Third Place: Chris LaPole and Katherine Steiskal, Bluffton University; Professor Alphonso Spence
Fourth Place: Miles Thompson, Drexel University; Dr. Robert E. Laessig
Fifth Place: Joshua O’Hara, Kennesaw State University; Dr. Dorothy Brawley
Sixth Place: C. Nelson Baird, University of Texas at Dallas; Professor Larry Chasteen

Finalist results from MSI’s Spring 2007 Capstone Challenge:
First Place: Brent Corbitt, University of Arkansas at Little Rock; Dr. Nancy Lundrum
Second Place: Adam Volasko, McMaster University; Dr. Nick Bontis
Third Place: Shawn Tapley, Kennesaw State University; Dr. Raj Veliyath
Fourth Place: Rob Williamson, Penn State University; Professor Sanjay Samuel
Fifth Place: Karen Hebert, Suvasa Laohalertwatana, Raymond Michaud, George Owen and Sebastian Wittig, University of Massachusetts Dartmouth; Dr. Walter Einstein

About Management Simulations, Inc.
Founded in 1986, Management Simulations, Inc. is the leading virtual business simulation program provider worldwide. Its Capstone Business Simulation is the best selling business simulation ever created. MSI works with more than 550 universities, including Harvard, University of Pennsylvania, Northwestern and Vanderbilt, and more than 250 high schools as well as countless leading businesses, such as Microsoft, Alcoa, BP, Allstate, General Electric, General Motors and PricewaterhouseCoopers. Visit www.capsim.com for more information and a complete list of past winners.

Located in Columbus, Ohio, Capital University combines personal attention with a balanced liberal arts and professional studies education to prepare students for lifelong learning, leadership and service through five colleges: College of Arts and Sciences; Conservatory of Music; Law School; School of Management; and School of Nursing. Capital also offers degree completion opportunities for adult learners through the Center for Lifelong Learning in Columbus. Founded in 1830, Capital is the oldest and one of the largest universities affiliated with the Evangelical Lutheran Church in America.
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Posted by D. Nichole Johnson on 4/27/2007 3:35:00 PM

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Capital University
1 College and Main, Columbus, OH 43209-2394
614-236-6011
Nichole Johnson
Director, Media Relations and Communications
Capital University
Public Relations
1 College and Main
Columbus, OH
43209-2394
Office: (614) 236-6945
Cell: (614) 440-9158