Management students achieve #1 world ranking in simulated business competition
A team of five management students led by Assistant Professor of Entrepreneurship Derek Ruth, tied for the top ranking in a world-wide, online, simulated business competition involving 4,247 teams from 288 colleges and universities.
Comprising the Purdue Calumet team were Mary A. Gross, Sarah Moen, David Ramsey, Aaron Shultz and Allauddin Abdulghani. They collaborated in The Business Strategy Game, published and marketed by McGraw-Hill/Irwin, to achieve a perfect score in overall performance relative to managing their virtual shoe company, Team Amazing Shoes.
Each week, the student teams input hundreds of decisions relating to such aspects of business management as assessing market conditions, determining how to respond to competitor actions, forging long term strategies and direction and forecasting upcoming sales volumes.
Eight other Purdue Calumet student teams also competed last fall and placed 19 times in the Global Top 100 List. Assistant Professor of Strategic Management Arifin Angriawan also taught sections of the Strategic Management 45000 course and in 2010, a team of students in Angriawan’s class achieved a No. 1 world-wide ranking in the Return on Equity category.
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