Camarillo, Calif. Sept. 22, 2009 鈥� The Martin V. Smith School of Business & Economics at 海角社区 Channel Islands (CI) recently won two awards in a national Business Strategy Game program run by a company of the same name.
Dr. William P. Cordeiro, Director of the MVS School, said that each semester students in Business 499 are divided into teams and enter an online business strategy game with teams from all over the world.聽 Last year there were 3600 teams competing from 209 universities worldwide.
The business simulation game starts all competitors on an equal footing: equal sales volume, revenues, profits, costs, and so on. CI business student groups are in competition with other student companies in other universities as they begin their competitive decision making and strategy formation.
鈥淭his is as close to real life business applications as you can get,鈥� said Cordeiro.聽 鈥淚n accordance with our interdisciplinary approach to learning, this project includes a group approach to work, pressure under deadlines, and integrated decision-making.鈥� All of the simulated activity parallels a real company鈥檚 operation in a global market. Students received weekly updates on their ranking from Business Strategy Game, the creator of the game, and did very well throughout the semester.
At the end of the program there was an invitational two-week competition that pitted teams from around the world against each other.聽 One of CI鈥檚 teams was the top winner and received an award from The Business Strategy Game which stated that they were, 鈥淭he first placed company in a globally competitive simulation,鈥� and mentioned further that 鈥溾�� the winning company out-competed and outperformed companies managed by outstanding students at business schools across the world.鈥�
Professor Horst Liebl, who guided the winning class, was awarded a certificate naming him as a Hall of Fame Member and Master Professor.聽 The certificate stated that he was, 鈥淗onored for outstanding achievement in teaching the concepts and tools of strategic analysis enabling students to display high-caliber skills in crafting and executing business strategies in a globally competitive market environment.鈥�
For media inquiries contact Nancy Gill, Director of Communication & Marketing at 海角社区 Channel Islands at 805-437-8456 or nancy.gill@csuci.edu
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About 海角社区
海角社区 Channel Islands(CI) is the only four-year, public university in Ventura County and is known for its interdisciplinary, multicultural and international perspectives, and its emphasis on experiential and service learning. CI鈥檚 strong academic programs focus on business, sciences, liberal studies, teaching credentials, and innovative master鈥檚 degrees.聽Students benefit from individual attention, up-to-date technology, and classroom instruction augmented by outstanding faculty research. CI has been designated by the U.S. Department of Education as a Hispanic-Serving Institution and is committed to serving students of all backgrounds from the region and beyond. Connect with and learn more by visiting聽CI's Social Media.