Baylor Student Proves CEO PotentialNov. 15, 2011
Eric Marshall of Baylor University in Waco, Texas proved he is CEO material as a finalist of the 2011 Fall Foundation Business Simulation Challenge - an international competition with entrants from more than 280 universities on five continents and is hosted by Capsim Management Simulations, Inc.
Marshall is studying Economics and first used a simulation in Professor Blaine McCormick's class. Last week he was announced one of six finalists and, over the weekend, competed in the 48 hour, high pressure playoffs.
Marshall, who is interested in a career in investment banking or wealth management, said Foundation "has taught me a lot about competitive business."
"It shows how smart decision making and poor decision making can drastically affect the outcome of your business," he said. "When working in a team, in the classroom, it can show how multiple minds think differently and how in a business, one person cannot make all the decisions. Compromises have to be made, for the good or the bad, and you need to overcome these hurdles in the future."
The Foundation' Business Simulation Challenge is a global online competition held in the spring and fall semester each year. The competition is hosted by Capsim, a global leader in developing and delivering business simulations that prepare students to run profitable businesses.
Brendan Langen, Capsim's Challenge Coordinator, said: "The competition finalists may still be at university, but they have already learned what it takes to be able to balance a company's operational, financial and sales goals under pressure. The Challenge gives business students the chance to pit their business skills against top competition around the world and see if they have what it takes to compete in an intense, time constrained management experience."
"While most students do their first iteration of the simulation over a whole semester, the Challenge rounds are completed in a week and the finals demand a weekend of focused decision making. Decisions on their company's production schedules, new product offerings, marketing, pricing, forecasting and finances are contracted into hourly rounds so there is very little time to analyze the competition and the pressure is intense."
The annual competition is open to all students who have used a Capsim business simulation in their university course.
Finalist results from Capsim's Fall 2011 Foundation' Challenge:
- First Place: Tyler Melugin & Robert Stricklin; Montana State University, Billings; Professor Pat Holman
- Second Place: Harry Glinos; University of Maryland University College, Adelphi, Maryland; Dr. Ronald L Prombion & Professor Hisae Diez de Medina
- Third Place: Daishi Miyazaki; Lenoir-Rhyne University, Hickory, North Carolina; Dr. Craig Schreiber
- Fourth Place: David Render, Scott Noll, Jackie Schrick & Adam Forbes; Washburn University, Topeka, Kansas; Dr. Norma Juma
- Fifth Place: Dung Tran; Cornell College, Mount Vernon, Iowa; Professor Christopher Conrad
- Sixth Place: Eric Marshall; Baylor University, Waco, Texas; Dr. Blaine McCormick
About Capsim Management Simulations, Inc.
Founded in 1985, Capsim Management Simulations is a global leader in developing and delivering business simulations that prepare practicing and aspiring business people to run profitable businesses. Our programs create rich learning experiences that give participants, whether in an academic or corporate setting, the opportunity to practice the skills and build the business acumen that are behind today's successful companies. More than 800,000 participants at 600 schools and corporations have built their business acumen through Capsim learning experiences. Visit www.capsim.com for more information and a complete list of past winners.