Global Business Competition For College Students

The Capstone / Foundation International Challenge, a worldwide, Internet-based contest for college students, will begin April 1. The Challenge, based on the Capstone and Foundation Business Simulations, involves students from many of the 500 colleges using these programs for management education.

Northfield, IL -- March 24,2003 - The Capstone / Foundation International Challenge, a worldwide, Internet-based contest for college students, will begin April 1. The Challenge, based on the Capstone and Foundation Business Simulations, involves students from many of the 500 colleges using these programs for management education.

The students form teams to manage simulated corporations. They make decisions in Research and Development, Marketing, Production, Human Resources and Finance. Each simulated corporation competes with five other corporations, for eight simulated years. The winning teams achieve the highest profits, sales, market share, stock price and other measures.

The Challenge, which runs every spring and fall, is sponsored by Management Simulations, Inc. (MSI). The adoption of the Capstone and Foundation simulations by colleges, universities, all over the world, grew by more than 60% last year," said Dan Smith, president of MSI. To date, nearly 100,000 students have used the simulations, making them the most popular business simulations in the world. So this year we expect another dramatic increase in entries to the Competition.

Capstone and Foundation represent the first, and possibly the last, time some students will experience managing a major corporation, says Smith. Thats why they enter the Challenge. They can win only glory, but they experience the joys of managing, teamwork and competition."

The Challenge is free to all registered Capstone and Foundation business simulation students. Registrants go to the web site, www.capsim.com and click Challenge Spring, 2003." Qualifier rounds will begin Monday April 21. The final competition will begin Friday, May 2 and end Sunday, May 4.

All software, printed materials, instructions and reports are free and are generated on the Internet. Students from all over the world can participate without needing to travel.

Previous winners, and their schools, as listed on the Hall of Fame plaque located at are:

Southeast Missouri State University: Felix Kreh, Daniel Copeland , and Jakob Thoisen; Southern Illinois University, Edwardsville: Dennis Legori and Michael Kelly; University of California, San Diego: Osman Guner and Marvin Waldman ; University of Central Oklahoma: Cheong Chew; University of Massachusetts: David Crouy and Peter Landolfi; University of New Orleans: Andreas Peter; University of North Carolina, Chapel Hill: Dipti Patel-Misra, Robert Rodgers, and Eric Sprink

For further information, visit http://www.capsim.com and click "Challenge Spring 2003"
                     
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