UHV business students place in worldwide weekly competition
Four University of Houston-Victoria students recently took one of the top 100 weekly spots in the Business Strategy Game, a worldwide business simulation competition.
The UHV team known as Asphalt Kix tied for 18th place in the Global Top 100 ranking for the week beginning Sept. 29. The team is made up of UHV School of Business Administration students David Dao of Corinth; Catalina Otalora, Katy; Catherine Rugano, Conroe; and Andie Scott, Missouri City.
The team earned an overall score of 108.5 out of the possible 110 points. The students are participating in the simulation as part of their graduate-level
“International Business Strategy” course, the capstone course for the Global Master of Business Administration program.
The Business Strategy Game is an international competition that pits management teams of three to four students against others in a simulation of the global market. Teams play the part of athletic footwear companies competing against other companies run by class members. The simulation is intended to help students understand the global marketplace.
Scores are compiled every Monday based on the previous week’s activity, and the top 100 companies are chosen based on four measures: overall score, earnings per share, return on average equity and stock price. There are currently 3,894 teams from 240 college and university campuses participating in the simulation.
The simulation gives students an opportunity to experience the real challenges of the business world, said Jifu Wang, associate professor in the UHV School of Business Administration. It is different than typical classroom exercises or tests.
In this kind of simulation, students are forced to apply the knowledge they’ve accrued during their time at school and put it to practical use, Wang said. They have to be able to look at a situation clearly and plan their actions accordingly.
“I’m very proud of these students,” Wang said. “This indicates the caliber and quality of UHV’s students and the business school as a whole. This is not just a grade. This is a performance where they are facing all of the challenges of a global arena. They’ve shown they are able to handle a hands-on problem. They are putting knowledge and skills into practice and generating results.”
The University of Houston-Victoria, located in the heart of the Coastal Bend region since 1973, offers courses leading to 70 bachelor’s, master’s and specialist degree programs and concentrations in the schools of Arts & Sciences; Business Administration; and Education, Health Professions & Human Development. UHV provides face-to-face classes at its Victoria campus, as well as an instructional site in Katy, and online classes that students can take from anywhere. UHV supports the American Association of State Colleges and Universities Opportunities for All initiative to increase awareness about state colleges and universities and the important role they have in providing a high-quality and accessible education to an increasingly diverse student population, as well as contributing to regional and state economic development.