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Montana State University-Billings (Congratulations to Troy Fix and his Professor Patricia Holman!) and Baldwin-Wallace College Win Entrepreneurship Challenge; 319 Business Student Teams Worldwide Compete Online, 12 Winners Announced

This month, 333 business student teams around the world, participated in the Capstone® and Foundation® Challenge — an online competition, in which students managed virtual $100 million companies.

Previously, the students had learned finance, research & development, marketing and production by using the Capstone Business Simulation® and the Foundation Business Simulation® in their college courses.

The Foundation® side of the Challenge was won by Troy Fix of Montana State University – Billings http://www.msubillings.edu/ (taught by Professor Patricia Holman http://www.msubillings.edu/BusinessFaculty/holman/ ).

MSU-Billings College of Business http://www.msubillings.edu/cob/

The other teams reaching the finals are listed in order of their cumulative profits:

2nd Place: Tino Veith; Schmalkalden University of Applied Sciences (Germany); Professor Peter Schuster

3rd Place: Serge LeHenaff and Joey Mueksch; Drexel University; Professor Bob Laessig

4th Place: Perry Douty and Henry LaFever; University of Denver; Professor Amy Phillips

5th Place: Joshua Hollman; University of Central Oklahoma; Professor Phillip A. Jeck

6th Place: Ryan Demers; Mark Hengerle; Mark Jenner; Jason Miller and Stephanie Pereria; University of Massachusetts – Dartmouth; Professor Walter Einstein

The Capstone® side of the Challenge was won by Jim LaRocca and Joe Leonard of Baldwin Wallace College (taught by Professor Susan Kuznik). The other teams reaching the finals are listed in order of their cumulative profits:

2nd Place: Keitchai Manaboriboon; Webster University Thailand; Professor Richard Berry

3rd Place: Ricardo Guerrero and Rodolfo Ramirez; Universidad Técnica Federico Santa María (Chile); Professor Lionel Valenzuela

4th Place: Jessica Dwelly; Douglas O’Connor; Kim Robbins and Maria Sameiro University of Massachusetts – Dartmouth; Professor Chris Papenhausen

5th Place: Michael Heaton; Dixie State College; Professor Bill Christensen

6th Place: Michael Germano and Steven Sohcot; Quinnipiac University; Professor David Cadden

“This Challenge is an effective way for these students to apply everything they have learned and to hone their skills before they begin working with real businesses,” said Dan Smith, president of Management Simulations, Inc. and a professor at DePaul University, Chicago. “The Challenge participants list grows year after year because it places every student and every school at the same starting gates and the best team wins. Some students even use the rankings in this competition as a resume booster because it shows competency and drive.

“It was great fun, a meaningful experience and a worthwhile effort.”

This was the 11th Capstone and Foundation International Challenge that Management Simulations, Inc. has hosted. The Competition this year included teams from dozens of countries worldwide including China, Russia, Dubai, Germany, Canada, Taiwan, Tuvalu and the United States. A complete list of past winners is available at http://www.capsim.com.

Management Simulations, Inc.

Management Simulations, Inc. is the world’s leading provider of on-line business simulations. Their Capstone Business Simulation, the best selling business simulation ever created, and their Foundation Business Simulation, have been adopted by teachers at more than 400 universities including Northwestern, Wharton, UC Berkeley, Harvard and Emory. Capstone also is used by leading businesses, such as Allstate, General Electric, General Motors, TransUnion and PricewaterhouseCoopers, for management and executive training.

Management Simulations was founded in 1986. More information about the company is available from Rodger Mitchell by calling 1-847-501-2888. Email: e-mail protected from spam bots. Free, online demonstrations of both the Capstone and Foundation Business Simulations also are available by contacting Rodger Mitchell.

Full Story: http://www.prweb.com/releases/2005/11/prweb311213.htm

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