The Cesim Elite International Grand Final of this year took place during the first week of June, from May 29th to June 4th. In this final, 16 teams from 8 different countries competed, having been selected from a pool of over 9000 students. And now, the moment you've all been waiting for..."
The winning team is... team EM Strasbourg representing EM Strasbourg Business School from France!
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Congratulations to the top 3!
Not even a couple of points behind team "EM Strasbourg" were team "Free to choose" from Beijing Institute of Technology (China), in second place, and team "RM&Co" from Institut Lyfe – ex Institut Paul Bocuse (France) in third place.
Like other years, this year’s competition was made up of a simulation and a case task in the form of a video. The simulation and case task both shared equal parts of the final score weighing in at 50% each.
The Cesim Elite 2023 Finalists
In this year's competition, the finalists engaged in the Hospitality simulation, making ESG decisions while managing a hotel and its restaurant. Their focus included catering to both hotel guests and external restaurant customers, with a keen emphasis on Environmental, Social, and Governance factors.
The finalists had to present the case task in the form of a 5-minute video. The teams were put into the company’s shoes that would like to sell to a hotel chain like the one they were playing as in the simulation. In the case task part of the competition, the teams’ companies produce sustainable bed sheets, and aim to sell their 100% carbon-neutral products to hotel chains. Their task was therefore to develop a strategy that effectively communicates the benefits of their products, justifies their pricing, and optimizes their supply chain so that they can position themselves as a leader in the eco-friendly space and contribute to the hotel industry's carbon emissions reduction goals.
The top 3 in the case task were team "Latitude 66° North" from Tongji University (China), team "Free to choose" from Beijing Institute of Technology (China) which managed to take second place in this part of the competition as well, and team "PUC Economia" from PUC Campinas (Brazil).
Discover the top 3 case task videos:
- Team Latitude 66° North
- Team Free to choose
- Team PUC Economia
As usual, we had a panel of jury members that were not part of the competition organization. On this year’s panel were Dr. Paulami Mitra from IÉSEG School of Management (France); Ms. Anne Olivaud, Chief Operating Officer of Cesim; Mr. Graeme Kirkup, Senior Vice President of Cesim; and Mr. Veijo Kyösti, Cesim CEO.
During this competition, we invited Kevin McIntire as a presenter for the instructor workshop that was about mentoring students and teaching using business simulations, as well as Dr. Matt Offord as a guest speaker during the award ceremony that spoke about leadership in the age of data. We thank both speakers for taking the time to come and present at our events!
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Mr. Kevin McIntire, Metropolia University of Applied Sciences (Finland) BA in Business Administration - Helsinki School of Economics |MSc in Operational Research - London School of Economics |Pursuing a PhD in Finance at the Hanken School of Economics |
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Dr. Matt Offord, Adam Smith Business School (Scotland) |
And that wraps up the exhilarating journey of Cesim Elite International Grand Final 2023! Congratulations once again and thank you to all the teams and their coaches for their outstanding achievements.
We are thrilled to announce that registrations for the next edition of Cesim Elite will open this fall. Don't miss the opportunity to showcase your strategic prowess and immerse yourself in the thrilling world of business simulations. Stay tuned for updates and get ready to embark on an unforgettable competition that will challenge and inspire you.
Follow our website and social media channels for updates on registration dates and details. We look forward to welcoming you to the next edition of Cesim Elite!
