CEMS Magazine | May 2011
WRITER: Niklas Nosek CEMS student, VSE
CEMS students successfully participate in the global final of KPMG’s International Case Competition in Istanbul After winning the national round of KPMG's International Case Competition (KICC) in the Czech Republic, a team of CEMS students qualified for the global final in Istanbul and achieved a successful 3rd place after Team USA (1st place) and Team Sweden (2nd place).
The KPMG International Case Competition is an annual competition in which teams consisting of four students are given three hours to work through a case that is based on a realistic business scenario and prepare a presentation. Directly after the preparation time, the students present their findings and solution to a jury of The Czech team was represented by four KPMG leaders and have to answer questions University of Economics Prague (VSE) students: and defend their solutions. Martin Kurnas, Niklas Nosek, Emilie Valentova and Martin Vodak.
CEMS students on winning podium
This year, a record number of 19 teams, including Canada, USA, Brazil, Russia, South Africa, India and a number of European countries, participated in the competition that took place in Istanbul on 6th-8th April 2011. In total, 360 universities and more than 2400 students took part in the case competition.
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The global final in Istanbul consisted of two qualification rounds after which four teams were selected for a final round. “What helped us to make it to the finals was to listen carefully to the jury’s feedback after our first presentation and to make sure we used their points in our second presentation,” comments Niklas Nosek. "The KICC was a great opportunity for us to network with many outstanding people who came to represent their country," says Martin Vodak. Moreover, as Emilie Valentova and Martin Kurnas point out, the competition required perfect team work and fast decision-making as time pressure during the case solving was extremely high.