In Foundation News:
High Stakes, High Rewards
CPA Education Foundation 10th Annual Business Challenge Case Competition
March 19, 2018
Imagine…with a racing heart, and sweaty palms, you are seated in a room with three familiar faces. You are given a package containing an itemized list of supplies and one computer. You have been stripped of all personal belongings except the clothes on your back and have no access to the internet or the outside world. You have been given a mission that you have six short hours to complete with only the resources in front of you.
Although some students described this process as reminiscent of The Hunger Games telling each other, “may the odds forever be in your favour” as they entered the lock-down rooms, this is what students experience as their six hour lock-down begins at the CPA Education Foundation Business Challenge Case Competition. The students who attend the Business Challenge every year are true competitors, the best and the brightest, and the students at the 10th annual Business Challenge were no different.
This month, students came from eight different post-secondary institutions from across the province, to compete for first, second, and third prize, which are $10,000, $5,000, and $2,000 respectively. These monetary prizes also come with obvious bragging rights and prestige in creating recognition for their respective schools. As was done last year, students were given a challenge from a real company and were required to solve a real business problem during their six hour lock-down period. They were then required to present their innovative ideas and business solution to a panel of Judges. Most student teams prepare for months leading up to the three-day competition.
After two rounds of presentations, the preliminary round and the final round, competitors made their way to the awards luncheon where the winners were announced. The tension was almost palpable as CPA Education Foundation board member, Michael Burnyeat CPA, CA, had the pleasure of announcing the winning teams. First place went to the University of Lethbridge, second place to the University of Calgary, and third place to SAIT Polytechnic, with an honourable mention going to NAIT JR Shaw School of Business. The students were all smiles as they accepted their oversized cheques.
Business challenges such as this one are so important for developing and fostering the next generation of business leaders. Providing students with the opportunity to develop solutions to real-life business problems is invaluable in helping them build their future skills. The CPA Education Foundation is proud of all the competitors who made the 10th annual Business Challenge Case Competition a roaring success. Until next year!
Let’s Bowl! (And Make Some Great Connections While We’re at it…)
The CPA Education Foundation hosted networking bowling events in Edmonton and Lethbridge this month.
February 13, 2018
Students and CPAs came together for two nights of bowling in Edmonton and Lethbridge, to share a few laughs, make some valuable connections and of course, wear rented shoes! Students wore green bandanas, and CPAs wore blue so that students could easily identify CPAs and spring up conversation. Edmonton had just under 140 attendees and Lethbridge had over 60, both were an increase in attendance from past years.
Students were able to strike up conversations with CPAs throughout the evening as they enjoyed several games of bowling, pizza and pop. The overwhelming response from attendees was that they enjoyed the casual atmosphere as opposed to other, more formal, networking events. To conclude each event, the CPA Education Foundation thanked all who participated and awarded four tuition prizes through a random draw.
Calgary Bowl-a-Rama was postponed this year due to weather conditions.
CPA Education Foundation board member, Joe Gagliardi (right), mingling with future CPAs, Chloe (centre) and Jericho (left).