Mdx UK team hope to join their counterparts at Global finals after also reaching UK finals
Students from Middlesex University Dubai have won first place at the Chartered Institute of Management Accountants (CIMA) Global Business Challenge Regional Finals, becoming one of only 22 teams worldwide to make it to the Global Final in Sri Lanka in July.
In a close competition, the Middlesex Dubai team VERITAS made up of second year Accounting and Finance students Farheen Naseer, Priya Philip, Prachi Mehta and Pratibha John, presented a set of strategic recommendations to the Board of a media production company and faced their tough questions, to become the regional CIMA winner. VERITAS beat teams from University of Wollongong Dubai, Heriot Watt Dubai, SZABIST, BITS Pilani and King Fahd University of Petroleum & Minerals.
The Middlesex team were awarded the CIMA trophy and a cash prize.
The winning team was mentored by Accounting lecturer, Vijaya Kumar, who commented: "The CIMA Global Business Challenge provided an excellent opportunity for our students to apply their accounting, as well as general business, skills and knowledge to a real life situation, and engage in applied learning of business strategy. They found the entire experience rewarding and they are very excited to be given the honour of representing the Middle East region at the global finals."
The CIMA Global Business Challenge is an annual competition which requires students to analyse a case study from a range of business perspectives and provide a set of key recommendations. This year, more than 3,500 teams from 22 countries across the globe have taken part in the competition. The students from Middlesex Dubai were one of only six teams in the Middle East Region that made it to the Regional Finals, out of more than 100 entries.
The Middlesex University team from London has also made it to the UK Regional Finals after battling against more than 75 teams for their place. The team called The Spartans will face competition from the University of Exeter and Regent's College London at the UK Regional Finals being held on 15 June 2012 in London.