Two teams of the Forman Christian College (FCC) MBA students have won a reputed international honour by securing the first and second positions in the Globus Best-In-Strategy Invitational Championship where 139 teams from business schools worldwide were invited to compete on the basis of their performance within their schools. The 139 teams were placed in 15 industry groups and competed in a 15 year business simulation that mirrors competitive dynamics in the global digital camera industry.
Student teams are scored on multiple financial and other dimensions, as they make real time decisions on a number of complex business variables such as R and D, workforce compensation, production, outsourcing, product line performance, pricing and finance in the simulated competitive space. Globus is used by several hundred universities worldwide and has been developed by a team led by an eminent authority on strategy, Professor Arthur Strickland, Emeritus Professor of Strategy at the University of Alabama, US. The top two teams in Globus from FCC’s School of Management were invited to participate in the Best-In Strategy Invitational Championship.
The team of Faisal Pervez, Syeda Ataat Zehra and Hassan Saqlain alias Goli topped their industry by beating teams, which included the formidable National University of Singapore among others. The team of Ali Imran, Sohaibul Haq and Azhar Moazzam stood second in their industry. Remarkably, while all other competing universities have used Globus for several years, the game was used for the very first time at FCC. In recognition of the top team’s performance, FCC’s School of Management Professor Wasif M Khan was honoured by being selected to the Faculty Hall of Fame where he joins a select group of 67 other faculty members from 2,400 registered universities using Globus worldwide.
FC College MBA students win laurels for Pakistan
