MBA students have winning edge in competition
Student team from RIT featured in Global Top 100 performers
A. Sue Weisler
MBA students at RIT’s Saunders College of Business were named Global Top 100 Performers in a head-to-head competition against 1,754 teams from around the world in the Glo-Bus simulation strategy game.
The Allied Apparition team earned a return on average equity of 82.8 percent and the 76th best return on average equity rankings for their Glo-Bus performance during the week of Nov. 17-Dec. 3.
Team members are: Zaid Alzaid from Riyadh, Saudi Arabia; Katie Bonfiglio ’15 (ASL-English interpretation) from Bedford, N.H.; Matthew Dreitlein from Fairport, N.Y.; and Alissa Roy ’16 (media arts and technology) from Glenwood, N.Y.
The Glo-Bus simulation strategy game is an online exercise where teams of students run a digital camera and drone company where strategy and decision-making skills are put to the test as they develop business plans and compete against each other for market share. Each week, Glo-Bus lists the top 100 Global Performers in four categories: overall score, earnings per share, return on equity and stock price.
According to Professor dt ogilvie, distinguished professor of urban entrepreneurship and former dean and professor of business strategy at Saunders College, strategic management is the process of formulating, implementing and evaluating the actions necessary for an organization to develop and maintain a competitive advantage over its rivals.
“Students learn, examine and practice strategy in a ‘real-world’ context by making decisions for their own simulated firm,” said ogilvie. “Simulations give them the opportunity to achieve course objectives through hands-on experience in running a company using the concepts and themes from the course. They give students a chance to apply theory to practice in a relatively low risk environment.”
April 18, 2019
Partnership brings business education to Rochester classrooms
A unique community collaboration among Saunders College of Business, Junior Achievement and local elementary schools introduces young minds to business, economics and free enterprise through discussions, hands-on activities and video lessons.
April 17, 2019
Innovative suspension system for off-road vehicles takes top spot in spring Tiger Tank competition
A uniquely designed magnetic coil piston that will improve suspension systems in on- and off-road vehicles took first place in RIT’s semi-annual Tiger Tank entrepreneurship competition. Sponsored by RIT’s Saunders College of Business and hosted by RIT’s Simone Center for Innovation and Entrepreneurship, Tiger Tank gives students the opportunity to pitch a business idea to a panel of judges with a chance to win cash prizes.
April 16, 2019
Mahany Welding Supply donates equipment to College of Engineering Technology
Mahany Welding Supply donated two gas metal arc welding cells and two gas tungsten arc welding cells to be used within an advanced manufacturing degree program in RIT’s College of Engineering Technology to provide needed workforce skills.
April 15, 2019
First-ever ‘futurists’ symposium features alumni trailblazers at Imagine RIT
“The Future of Technology, the Arts and Design,” a futurists symposium, takes place at 11 a.m. April 27 during Imagine RIT: Creativity and Innovation Festival. Four RIT alumni will share their visions of the future as it relates to RIT’s core disciplines.