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NYU STERN MBA TEAM WINS 1st PLACE IN ECONOMIST BUSINESS CHALLENGE

Friday, September 28, 2001 1:00 PM
Consumer Products/Services
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Teams from 16 Business Schools Competed in Test of Global Business Knowledge

NEW YORK--(COLLEGIATE PRESSWIRE)--Sep 28, 2001--A team of three full-time MBA students from New York University Stern School of Business placed first in The Economist`s annual Business Challenge held in Montreal this past weekend, September 21st -23rd. The team successfully competed against 15 other top U.S. and Canadian schools, defeating the Schulich School of Business at Canada’s York University in the final round after advancing past HEC, last year’s champion, in the first round and beating Queen’s University in the quarter-final.

Produced annually by World Affairs and The Economist, The Economist Business Challenge invites the top universities throughout the United States and Canada to participate in the competition. Teams of three MBA students compete to answer questions that test their knowledge of international affairs, world news, economic and business trends, as well as culture and the arts. Questions are based on issues and topics covered by The Economist magazine over the past six months. In addition to question and answer sessions, case problems were presented this year by Patrick Basham, Senior Fellow at the Cato Institute, Canadian Finance Minister Paul Martin, Washington ABC News Correspondent Jim Sciutto, and Economist Intelligence Unit editor George Bickerstaffe.

“Participating in this year`s challenge was a double challenge,” said Vijnan Batchu of NYU Stern. “Four days before the event, our original team fell apart due to personal issues related to the World Trade Center disaster. We responded by putting a whole new team together and then working around the clock to make up for lost time. We read every article from The Economist for the past four months and decided which one of us would be `the expert` in each possible area of inquiry. We systematically paced and quizzed each other as a team on every issue that The Economist covers. More importantly, we complemented each other and worked cohesively together. I don`t think we could have had a better team.”

The Economist Business Challenge aims to offer students an inside look at corporate challenges and the process of solving them. The show is televised as a fifteen part series and will be broadcast on Mondays,
October 1, 2001 to January 7, 2002 from 7:00 to 7:30 EDT on GE-3, xpndr 23, and CH 511 (satellite time and coordinates).


PARTICIPATING UNIVERSITIES:

UNITED STATES
Harvard University
J.L. Kellogg Graduate School of Management (Northwestern University)
Leonard N. Stern School of Business (NYU Stern)
University of Michigan
Fuqua School, School of Business (Duke University)
The Darden School (University of Virginia)
The Wharton School (University of Pennsylvania)
Yale University School of Management


CANADA
Concordia University
�cole des HEC, Montreal
McGill University
McMaster University Business School
Queen’s University
Richard Ivey School of Business (University of Western Ontario)
Schulich School of Business (York University)
University of Toronto


Source: The Economist

© The Economist and Collegiate Presswire

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