Belgrade Business International Case Competition 2016 officially opened
Belgrade, 5th of April 2016 – On Tuesday, 5th April 2016, on Faculty of Organizational Sciences (FOS), Belgrade Business International Case Competition (BBICC) 2016 was officially opened.
Opening ceremony was attended by Serbian Prime Minister Mr. Aleksandar Vučić, PhD Srđan Verbić, Minister of Education, Science and Technological Development, Vice Rector for Science, Innovation and Technology Transfer , University of Belgrade, PhD Živoslav Tešić, President of the Serbian Association of Managers Mr. Milan Petrović as well as 64 students from around the world, their University professors, representatives of the academic community and leading companies from Serbia. Before the ceremony, welcome cocktail was held in Radisson Blu Hotel and Ambassadors of Norway, Denmark, Canada and Australia were present.
Managing director of the BBICC, PhD Vesna Damnjanović and President of the BBICC, Lazar Đelić wished warm welcome to the competitors and thanked everybody who recognized the importance of this competition that supports development of ideas of the best students. Beside students competitors, their mentors and Faculty of Organizational Sciences professors, event was attended by partners and friend of the BBICC.
On the beginning, Lazar Đelić said: “This week, great opportunity to become world center of learning and knowledge has been given to Serbia, and that is why I am grateful to all of you.”
PhD Vesna Damnjanović highlighted that integration of three strategic columns is needed for the success of any country – faculties and universities, government and economy.
Vice Rector for Science, Innovation and Technology Transfer, University of Belgrade, PhD Živoslav Tešić stated that one of the missions of the university is to provide high quality scientific programme, education, and also student exchange.
“Your example shows to the whole world, this country and young of this country that you can be very successful if you are working hard enough. We have a lot of talented people with many ideas, and I am proud because I had the opportunity to read your case study, for which you won the first place.” said Prime Minister Aleksandar Vučić.
Team of FOS students will have a double role this year too – as hosts and as competitors. Besides them, competition participants will be 15 teams of students from prestigious world universities, such as University of California – Berkeley (SAD), Wharton business school Pennsylvania (SAD), University of Florida, Australian University of Melbourne, three teams from Canada – Concordia University, Simon Fraser University and Carleton University. European representatives are Copenhagen Business School (Denmark), BI Norwegian Business School (Norway), Dublin Institute of Science and Technology (Ireland), Maastricht University (Netherlands). Last year winners Hong Kong University of Science and Technology (Hong Kong) will also participate, as well as teams from China and Thailand.
All 16 teams on BBICC will have to solve two real business challenges. Teams of four students will present their ideas and solutions for the real business challenges, as well as strategic thinking and presentational skills, to the respected and competent jury, composed of eminent people from the Serbian economy, managers and representatives of the successful consultant houses. Competition finals will be held on 9th of April.
Possibility to host prestigious world competition was given to FOS based on successful organization and realization of the BBICC 2015 last year, as well as results achieved by its students on other international case competitions around the world, including the last one in Montreal, in March, when they have beaten 11 teams from the most prestigious business universities of the world.
Winners of the Belgrade Business International Case Competition 2016 were announced!
Belgrade, 9th of April 2016 – On Saturday, 9th of April 2016, Belgrade Business International Case Competition 2016 was officially closed.
In total, 64 students from 16 universities from USA, Australia, Canada, Ireland, Denmark, Norway, Netherland, Hong Kong, China and Thailand have been solving two case studies as part of 4th Belgrade Business International Case Competition. BBICC has taken part from 4th to 9th April, and it was organized by Faculty of Organizational Sciences in Belgrade and Serbian Association of Managers (SAM).
First case study, provided by Baca Intesa, leading bank on Serbian market, has been solved for 5 hours, while second case study was provided by Philip Morris International, and solved for 24 hours. Students had the chance to present their solutions to the expert jury consisted of top managers and consultants from leading Serbian companies.
“It is a great idea to motivate young people to enter the world of business in this way. This is a great chance to see young talents, exchange ideas, to connect with people and learn. I believe that every solution that I have seen today is very valuable. I believe that some of the solutions could be implemented in the company in the next few year, because our company usually plans for the long-term.” said Stevan Vraneš, manager of corporate affairs for Serbia, Montenegro and Bosnia and Herzegovina company Philip Morris International.
“The entire event has exceeded my expectations. We value opinions of the people outside of our company, as well as the ideas that could potentially lead us to the innovations that we could implement. I would like to take part in this kind of events in the future because I think that this is something that creates competitive advantage – to be part of the event, to be sponsors and to have chance to discuss with these young people with remarkable ideas.” said Nikša Ilović, Director of Sector for management of retail customer segment in Banca Intesa.
Winner of this year competition is National University of Singapore, second placed team is from Hong Kong University of Science and Technology, while third placed team is from Maastricht University.