Two of Methodist University’s business students just competed in MikesBikes World Champs, an international collegiate business competition hosted by Smartsims Inc. of New Zealand. The competition utilizes software for students to run a simulated bicycle manufacturing company within a simulated industry. Student teams compete by running their firm within the industry. Results are based on each firm’s ending share price and shareholder value.
Each year Smartsims invites the top teams from universities around the world who have used the MikesBikes Advanced business simulations in their business school. The world championship begins with all invited student teams running their simulated bicycle manufacturing business in a competitive Qualifying Round composed of four simulated years.
At the end of the fourth round, the Top 10 companies ranked by Shareholder Value across all qualifying firms move to the Final Round where competitors will start a new simulation and complete for six simulated years. In the finals, those ten student teams compete for the world championship.
The Methodist University business student team of Steven Downs and Cole Hart made it through to the final round and finished in fourth place.
To wrap up the first day, attendees were able to meet up for a social event at the Brad Halling American Whiskey Ko. in Southern Pines where a $10,000 check was presented to the Joint Special Operations Foundation for their scholarship fund. Photo pr
The three-story, 200,000 square-foot business incubator space is located at 420 Maiden Lane. The building features an elevator, construction has begun on handicap bathrooms for the first floor and the second and third floors feature window walls offering views of Segra Stadium.
Image provided by FTCCFocused on building the local workforce and streamlining the education process through real world learning, the Hope, Opportunity, Prosperity through Education Program at Fayetteville Technical Community College (FTCC), also kno
