Northfield, IL (PRWEB) April 5, 2004
Registration is well underway for the Capstone/Foundation International Challenge, a worldwide, Internet-based contest for business students.
The Challenge, based on the CapstoneÂ and FoundationÂ Business Simulations, involves students from the 500 colleges and universities world-wide, using these programs for management education.
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. ÂThe adoption of the Capstone and Foundation simulations by colleges and universities, all over the world, grew by more than 40% last year,Â said Dan Smith, president of MSI.
ÂMore than 140,000 students have used the programs, making these the most popular business simulations in the world. So this year we expect another dramatic increase in entries to the Competition.
ÂCapstone and Foundation represent the first, and possibly the last, time some students will experience managing a major corporation," says Smith. ÂThatÂs why they enter the Challenge. They can win only glory, but they experience the joys of learning, managing, teamwork and competition.Â
The Challenge is free to all registered Capstone and Foundation business simulation students. Registrants go to http://www.capsim.com and click ÂSpring Challenge, 2004.Â Registration ends Sunday, April 11, 2004.
Qualifier rounds will begin Monday April 12, 2004. The final competition will begin Thursday, April 22nd, and end Sunday, April 25th.
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 http://www.capsim.com are:
University of Toledo: Vipul Goradia;
Montana State University: Brett Cormier; Southeast Missouri State University: Felix Kreh, Daniel Copeland and Jakob Thoisen; Southern Illinois University: Dennis Legori and Michael Kelly;
University of California, San Diego: Osman Guner and Marvin Waldman;
University of Central Oklahoma: Cheong Chew; Vanderbilt University: Scott Barnett;
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;
University of New Orleans: Andreas Peter
For further information, visit http://www.capsim.com and click "Spring Challenge, 2004"
Management Simulations, Inc.
540 Frontage Road
Northfield, IL 60093
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