A scheme to develop and nurture young talent around the world that is designed to bring out the best in the young business leaders of tomorrow.
By taking part, applicants will experience what it is like to be a business leader and meet some of the top global employers in the world of business.
They will also benefit from the following:
- Business experience:
- Learn how to analyse and solve a real life business case study, giving firsthand experience of the skills required to be a business leader.
- Enhance team building skills and develop presentation skills.
- Boost a CV and enhance career development.
- Experience what it is like to study CIMA and be a chartered management accountant.
- Networking opportunities:
- Get tips, techniques and advice from global decision makers and CIMA professionals.
- Expand a global network and connect with decision makers from top employers, including Barclays.
- Connect with likeminded and ambitious students from around the world.
- Get the chance to represent their country/region and win an all expenses paid trip to Warsaw, Poland for the global final.
- Get the opportunity to win prizes at various levels of the competition for different award categories.
The CIMA global business challenge (GBC) is an international business competition organised in partnership with Barclays.
The scheme aims to develop and nurture young talent around the world and is designed to bring out the best in the young business leaders of tomorrow.
The 2015 GBC global final was held in Warsaw, Poland from 3 - 7 August 2015.
Postgraduates and MBA students and holders are not eligible to participate in this competition.
Applicants have to form a team of four members and prepare a 3,000 word report based on the GBC case study. Then, if they are shortlisted they will need to prepare a two minute team video based on a given brief, write a two page synopsis and present their findings to a panel of judges. If they go on to win their regional final, they will once again present their findings to a panel of high profile judges and participate in a question and answer session at the end of their presentation.
Each member must be a full time or part time student who is an undergraduate or equivalent, studying in university, college or education institution, doing their first degree, at the point of registration. Each team will need to appoint a team leader. All members of a team must belong to the same university/ institution. There can be up to two members per team who are currently also studying or holding a professional qualification, and/or up to four members who are studying CIMA full time or part time, at Certificate or Operations level. Each student may join only one team. For teams that make it through to regional, national and/or the global final all members of the team must contribute verbally during the presentation. CIMA's decision is final should there be any discrepancy.
There is no fee for students entering or participating in the competition, however charges may apply to mentors/ team advisors at the Global Final stage.
Terms and Conditions
- Failure to comply with any rules, terms and conditions of the competition may result in the participating team's disqualification and/or the forfeit of the team's prize (the prize will be awarded to another winner).
- The assessors’ and/or judges' decision is final and no appeals will be entertained.
- All correspondence throughout the competition must be in the English language.
- No late entries will be accepted.
- CIMA assumes no responsibility or liability for any loss arising out of or from: (i) technical issues, system or software failures experienced by a participant in submitting their registration/submission or accessing the competition website; (ii) user errors; (iii) negligent use of the competition website; or (iv) late, lost, delayed, damaged, misdirected, incomplete or unintelligible registrations/submissions.
- Proof of sending will not be accepted as proof of receipt.
- All participants should be dressed in business attire at all times unless specified of the business competition and expected to behave in a professional/ business manner.
- Participants must be punctual at the competition; those who arrive late to any competition related activity will be penalised and could be disqualified.
- Proof of eligibility will be required for every entry.
- CIMA reserves the right to check the validity of the registration information submitted by a participant at any stage during the competition and to ask for evidence of student status from the university or equivalent establishment cited by the participant.
- All participants must provide a valid e-mail address as part of the registration process. Participants are responsible for updating their e-mail address if it changes during the competition period.
- Participants must be available to travel locally or abroad to participate in the subsequent stages of the competition if necessary. CIMA will organise and pay for economy-class travel and reasonable accommodation expenses before and/or after the Global Business Challenge Final in order to enable each participate in attending the final competition.
- All material submitted must be participants' own work.
- Any kind of plagiarism is strictly prohibited and will lead to disqualification of participants. Duplication of the thoughts or work of another source must be referenced.
- CIMA holds the intellectual property rights for all materials submitted by the participating teams for the competition (Intellectual property rights are the legally recognised exclusive rights to creations of the mind/ variety of intangible assets, such as musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs.)
- Participants may be requested to take part in promotional activity relating to their involvement in the competition and CIMA reserves the right to use the name(s) of participants, their photographs and audio/visual recordings of them in any publicity. Participants may also be required to take part in further reasonable promotional activities arranged by CIMA.
- CIMA reserves the right to modify or amend the prizes, rules, terms and conditions of the competition at any time. Any changes to the rules and regulations will be advertised on CIMA’s website. For the avoidance of doubt, the competition is not part of CIMA's recruitment process and participation in the competition will not influence any subsequent application made by a participant for a CIMA qualification, job, apprenticeship, internship or any other training scheme with CIMA or its partnering companies. The competition website will aim to cover many of the questions that participants and other interested parties may have. Any additional questions or comments concerning the competition should be sent via email to the provider.
The CIMA Global Business Challenge has grown year on year, from eight participating regions in 2009 to 26 in 2015.
The participating regions/countries are as follows:
- Hong Kong SAR.
- New Zealand.
- South Africa.
- Sri Lanka.
- United Kingdom.
The provider has advised that currently there is no information available on whether the CIMA Global Business Challenge will be held in 2017. Further information will be reported in due course.
The competition runs in three stages. The first stage is to write a 3,000 word report with your team based on the GBC case study.
The best reports will be shortlisted and then the successful teams will go on to present their findings at the regional final.
The winning team at the regional final will then proceed to the global final in Poland.
Applicants need to fill out and submit the team registration form which is available to access via the following link:
Once the applicant completes the full registration process, they will receive a confirmation email with information on what to do next and the link to the case study material.
Applicants should submit their report electronically to their GBC representative or local office.