LCBS to vie in CIMA-2015

Contrivers of Limerick College of Business Studies (LCBS) has got the card to take part in the global competition, as the team has triumphed in the Bangladesh chapter of the CIMA-2015 Global Business Challenge, which are being held in partnership with Barclays at a city hotel at night on 29 May, 2015.

_27B0131Alpha Squad of United International University (UIU) became second while Check Mate from the Institute of Business Administration, University of Dhaka, finished with third place in the country final.

Contrivers will now represent Bangladesh at the global final in Warsaw, Poland, is scheduled to be held on 4–7 August, which is designed to showcase the very best in the next generation of business leaders.

The CIMA (Chartered Institute of Management Accountants) Global Business Competition is an international business challenge. The competition takes place in over 25 countries and is open for all full-time undergraduate students. The teams are given a real-life CIMA business scenario to analyze. In 2015, already 25 countries have registered for the competition.

This year, over 214 teams have registered for the 2015 CIMA GBC. Contrivers competed against the best teams in the country at the regional final to become Bangladesh champions and secured the place at the global final. The teams were judged on their business acumen, presentation skills and ability to respond to the judges’ questions.

Andrew Harding, FCMA, CGMA, Managing Director of CIMA, stated: “After the great success of last year’s competition, CIMA is very excited to be holding the sixth GBC.”

The participating countries are: Australia, Bangladesh, Mainland China, Ghana, Hong Kong SAR, India, Indonesia, Ireland, Malaysia, the Middle East, Myanmar,Nepal, New Zealand, Pakistan, the Philippines, Poland, Russia, Singapore, South Africa, Sri Lanka, Thailand, the UK, Vietnam and Zambia .

The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants, with over 228,000 members and students operating in 178 countries, working at the heart of business.