UK team wins CIMA Business Challenge

Ramani KANGARAARACHCHI

The UK team won the championship of the 2012 CIMA Global Business Challenge held at the Mount Lavinia Hotel on Tuesday, while Australia and New Zealand secured second and third places respectively.

Andrew Harding

GBC an international business management competition designed to bring out the very best in the next generation of business leaders and the event brought together some of the best young talents from 22 countries and regions, along with high profile business leaders and employers from around the world. Speaking to Daily News Business, CIMA UK Managing Director Andrew Harding said Sri Lanka can be proud about their CIMA students who were selected to be one of the best 22 teams in the world at this event.

Sri Lanka now has around 4,000 CIMA students which was not the case a few years ago. Now they are doing a great service locally as well as internationally.

Within Sri Lanka it has expanded from Colombo to Kandy and now moving to Trincomalee and Jaffna, and there are a large number of CIMA qualified Sri Lankan students in UK as well.

Asked what were the future challenges for CIMA students with the increasing number of young people following CIMA courses he said they need to keep updating continuously and be observant on what role they could have to played in financial management.

The GBC 2012 competition was held in three stages and the teams competed amongst peers within their country or region at the early stages.

The winning team then arrived in Sri Lanka to the global final, representing their country or region in the battle for the global championship title. The three stages included case study analysis, synopsis and presentation and presentation global final.