Each year, KPMG invites students interested in learning about the world of modern business to take part in its International Case Competition. The contest is getting more and more popular every year, with more and more students applying to take part.
This year, the Regional Selection Stages for Russia and the CIS took place at KPMG's offices in Moscow, Saint Petersburg, Nizhny Novgorod and Kiev. Each team was assigned a business case study on a topic relating to international business, for which it prepared a solution and presented it to a judging panel of KPMG managers, directors and partners. All the participants had equal chances and opportunities to present the best case solution. The winners went through to the Regional Final, hosted by KPMG's Moscow office on February 29.
The rules for both the Regional Selection Stages and the Moscow Final were exactly the same as those for the International Final in Hong Kong, for which just one team – to be decided not just on the basis of the solutions proposed, but also on the basis of the teamwork, presentation and business intelligence shown – would qualify.
The Moscow judging panel praised all the teams' efforts, but had to choose just one to represent KPMG in Russia and the CIS in the International Final in Hong Kong on April, 18-20, 2012. Thus, the winners of Russia and the CIS final were declared to be the Moscow team of Olga Belevantseva (MGIMO), Andrey Belykh (MGIMO), Sofia Kravchenko (Finance University) and Sergey Buzko (University of Bologna).
In Hong Kong, Olga, Andrey, Sofia and Sergey competed against the regional winners from 24 other countries. In addition, KPMG in Russia and the CIS Audit Partner Murat Karakas took part in the judging for teams from other countries.
The panel said that the Russian team had shown a good level of preparation, however, the overall winners, were the team from The University of Hong Kong, which demonstrated innovative approach, insight into the subject matter, and the passion exhibited in their presentation.
Congratulations to the Hong Kong students on their victory, and well done to our Russian team for their successful appearance on the international stage. Hopefully, students from Russia and the CIS will win the competition next time.