Group Photo
On September 10, 2024, the School of Business (MSB) successfully held the internal training event on the 2024 Global Management Challenge (GMC) at N214 in Macau University of Science and Technology (MUST). The event attracted numerous online and offline students, aiming to help participants quickly understand the GMC competition rules and gain practical experience.
The GMC is a global business management simulation competition that spans five continents and has a history of over twenty years. Competing teams must make scientific decisions based on current situations, integrating knowledge from finance, management, operations, marketing, and more. It is a highly influential global competition that significantly enhances participants' practical skills.
At this training event, two outstanding alumni, Yindong Yang and Yilin Gu, who have previously won the GMC global championship and the Macau regional championship as well as the runner-up titles, played a crucial role. They shared their experiences from various aspects of the competition, inspiring younger students to inherit and promote GMC's practical skills. Their insights and experiences were invaluable in preparing the students for the competition. The training was hosted by Assistant Dean Prof. Tang Huajun, with participation from Dean Prof. Sheng Ni; Assistant Dean Prof. Zhang Jinghua; Prof. Li Xin, Head of Department of Decision Sciences; Prof. Lin Yongjia, Head of Department of Accounting and Finance; Ms. Jodie Lam, Secretary General of Macau Management Association, MMA; Ms. Ziheng Liu, Assistant Manager of MMA; Mr. Shenghong Ip, Senior Administrative Officer of MMA and over 120 students.
Dean Sheng delivered an opening speech, emphasizing the importance of GMC for students to apply their business knowledge in practical training. She encouraged students to embrace innovation and a spirit of hard work in their participation and learn from the successes of their predecessors, hoping for their excellent performance in the coming competition.
Then, Ms. Ziheng Liu and Mr. Shenghong Ip from MMA elaborated on registration details, including team requirements, competition format, awards, and relevant precautions.
The highlight of the training was presented by alumnus Yilin Gu, who introduced the basic process of the competition, detailed the materials used, and demonstrated operational strategies for various modules, including the business operations module, decision factors module, and decision analysis and optimization module. Subsequently, Yindong Yang provided an online analysis of the integration of strategy, macroeconomics, and data from a practical perspective, conducting an in-depth review of his past competition case to showcase his path to success. During the Q&A session, students actively asked questions and interacted with the guests, gaining valuable guidance.
The overall atmosphere of the training was enthusiastic. Participants expressed that the training helped them quickly grasp the GMC process and rules while also learning invaluable practical experience from their seniors. The successful organization of this internal training event enhanced students' understanding of the Global Management Challenge and ignited their enthusiasm for participation. MSB looks forward to the students’ remarkable performance in the 2024 competition.
Opening speech from Dean Sheng
Training hosted by Assistant Dean Tang
Alumnus Yilin Gu shared his experience on-site
Alumnus Yindong Yang shared his experience online
