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FROM:
John Molson School of Business Case Competition
DATE:
December 16, 2003
RE:
News release - For immediate distribution
FIELD OF ENTRANTS EXPANDED TO 32 UNIVERSITIES
FOR
JOHN MOLSON MBA INTERNATIONAL CASE COMPETITION
Montreal, Tuesday, December 16, 2003
With two more schools added to comprise a 32-university field, the
2004 edition of the John Molson MBA International Case Competition,
which runs from January 6-10 at the Hilton Bonaventure Hotel in
Montreal, is shaping up as one of the strongest in the 23-year history
of the event.
The competition, the largest of its kind and the
oldest in North America, raised the number of participating universities
to 32 because of an overwhelming demand. Canada will be well represented
with 15 universities, including 2003 John Molson MBA-ICC champions
Laval University, followed by the United States with 10, Germany
three and one each from Sweden, Finland, New-Zealand and Spain.
John Molson MBA students created the distinguished
international competition in 1981 and they continue to host the
event annually. The primary objective of the non-profit, student-organized
event is to bridge the gap between the academic and corporate communities,
which ultimately enriches students and executives alike.
The competition format is a round-robin tournament
consisting of five business cases, including one "live"
case drawn from an existing organization facing actual business
challenges.
With three hours to prepare, teams of four students
analyze and evaluate unpublished business cases using the skills,
knowledge and experience acquired from their respective MBA curriculums.
Students rely on their own abilities; tools such as PowerPoint and
the Internet are not permitted. The final product is a hand-written
presentation that demonstrates the rawness and purity of their ability
to delve into the problem and develop a feasible solution. Once
preparation is complete, they present their strategic solutions
and a detailed plan of action to a panel of senior business executives.
More than 200 senior business executives serve as
judges, using their unique backgrounds, experience and perspectives
to critically assess the participants' presentations. Teams are
judged on creativity, insight, substance and plausibility of implementation.
“The John Molson MBA International Case Competition
is truly a unique event,” says Norman Raschkowan, Senior Judge
and Chairman of the Competition’s Advisory Board. “It
is difficult to find a medium that brings together the academic
and business worlds. Students apply the theory they learn from their
MBA programs into current business issues and are judged by executives
with extensive corporate experience. Ultimately, it’s an enriching
experience for all concerned.”
About the judges
All the corner offices will be empty during competition
week as the elite of the Montreal business community serve as judges.
More than 250 senior executives donate their time as judges and
they play a big role in the success of the competition. Along with
the expertise they bring to the event, it is also an excellent opportunity
to network with tomorrow’s business leaders.
This year’s judges include James Cherry, President
of Aéroports de Montréal, Dr. Arvind K. Joshi, President
and CEO of St. Mary’s Hospital Centre, Mr. Norman Rashkowan,
Vice President Standard Life Investments, Mr. Peter Kruyt, Vice
President, Power Corporation of Canada, Mr. Jim Little, Vice President,
BCE Inc. and Mr. Benoit Labonté, President, Montreal Board
of Trade.