A team of Kenyatta University students emerged 8th globally in the 2016 Global Management Challenge (GMC) held in Macau, China. Over 500,000 students in 35 countries participated in the contest.
Oliver Maina, Commerce Student at Kenyatta University led the Kenyan team to the finals in Macau, China. He joins CNBC Africa to share his experience.
Maina said the event is an opportunity for students who haven’t had the chance to learn the practically what they learn in class. “Students are given a dummy company and then form a team. The team becomes the top managers and make decisions on sales and marketing, production, human resources and finances of the firm,” he said.
The environment is fluid since a simulation software assesses decisions of all the teams. The top team is the one that maximises returns for the dummy shareholders.