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GLOBAL MANAGEMENT CHALLENGE INTERNATIONAL FINALS - 2023
AIOE to host GMC – World’s Largest Strategy & Management Competition in India
This year’s GMC International Finals will take place in New Delhi, India from 26-28 September, 2024. The event will be organized by AIOE – All India Organization of Employers (an allied body of FICCI) in association with the GMC International Organizing Committee. During this 3-day event one of the participating countries will be crowned as World Champion.
PHOTO: TAJ MAHAL, AGRA, INDIA
26 September
On the 1st day, all teams will get a chance to explore the city and enjoy architecture, history, culture and food of the capital. Post the city tour all teams will gather for Opening Ceremony and Group Draw for the Semi – Finals.
27 September
The day will start with the schedule of Semi-Finals against countries, as per the Group Draw, on previous night. In evening, all teams will meet over Friendship Dinner to connect and forge new relationships.
28 September
On final day, the Top 8 countries will compete for championship. The event will conclude with Award Ceremony and Gala Dinner, where GMC Organizing Committee shall announce the final results and recognize all supporters and sponsors of the event.
Participating Countries
About Global Management Challenge
Global Management Challenge is the biggest event worldwide based on the application of Business Simulation
Started in 1980 in Portugal, by SDG – Simuladores e Modelos de Gestão and Jornal EXPRESSO, the competition is today present in more than 30 countries and has already involved more than 1 million company staff and university students from all over the world.
It consists of an interactive business simulation in which each team manages a company with the aim of obtaining the best investment performance for their company in the market in which it operates. When making top management decisions, participants analyze economic/financial indicators, gain a broader and more strategic view of a company, understand the interaction between different functional areas and the impact that their decisions can have on an organization, taking into account the constraints of the market in which they compete and maximum customer and shareholder satisfaction.
Global Management Challenge launched it’s first edition in India in 2019, and consists of 2 parts – Student Championship and Corporate Championship. With a record nomination of more than 5000 participants from Institutes like IIM’s and companies like NTPC, in 2023 edition, GMC is surely the biggest strategy and management competition in the country.
About Global Management Challenge
Global Management Challenge is the biggest event worldwide based on the application of Business Simulation
Started in 1980 in Portugal, by SDG – Simuladores e Modelos de Gestão and Jornal EXPRESSO, the competition is today present in more than 30 countries and has already involved more than 1 million company staff and university students from all over the world.
It consists of an interactive business simulation in which each team manages a company with the aim of obtaining the best investment performance for their company in the market in which it operates. When making top management decisions, participants analyze economic/financial indicators, gain a broader and more strategic view of a company, understand the interaction between different functional areas and the impact that their decisions can have on an organization, taking into account the constraints of the market in which they compete and maximum customer and shareholder satisfaction.
Global Management Challenge launched it’s first edition in India in 2019, and consists of 2 parts – Student Championship and Corporate Championship. With a record nomination of more than 5000 participants from Institutes like IIM’s and companies like NTPC, in 2023 edition, GMC is surely the biggest strategy and management competition in the country.
The competition consists of 4 stages
Team Registration
The competition starts with Team Registrations in each participating country. Each team must consist of 3-5 members, comprising of university students or company managers.
National Competition
National Competition with generally 3-4 rounds, depending on the no. of participating teams, is organized in each country.
National Finals
The National Finals take place among the top 8 teams nominated from National Competition. The 8 Teams compete to win national title and nomination for International Finals.
International Finals
The International Final, where the winning teams of each country compete for the World Title, is a milestone and prestigious event, which provides a unique experience of contact between different cultures and the reality of competing at an international level.
Team Registration
The competition starts with Team Registrations in each participating country. Each team must consist of 3-5 members, comprising of university students or company managers.
National Competition
National Competition with generally 3-4 rounds, depending on the no. of participating teams, is organized in each country.
National Finals
The National Finals take place among the top 8 teams nominated from National Competition. The 8 Teams compete to win national title and nomination for International Finals.
International Finals
The International Final, where the winning teams of each country compete for the World Title, is a milestone and prestigious event, which provides a unique experience of contact between different cultures and the reality of competing at an international level.
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Management Development Program for NTPC Limited involving 800 Managers of company working PAN India.
NTPC conducted the dedicated Global Management Challenge – the world’s largest strategy and management competition (India – 2022 edition) with an objective to enhance cross-functional learning and managerial ability among employees. This was the first time that a dedicated challenge was being conducted for NTPC Executives…
The Russian Presidential Academy hosted Business Battle – a strategy and management championship for its 40 branches and faculties.
Business Battle is a special subproject of the Global Management Challenge World Strategy and Management Championship . Every year, more than two thousand people become participants in the project, and its representatives in the student and professional leagues participate in the national final of the championship…
Accenture Portugal uses Global Management Challenge Program for members of staff selected in an internal initiative.
“The Accenture Masters is a strategy and management competition that was born as part of the celebrations of the 30th anniversary of Accenture in Portugal. We are partners in the Global Management Challenge and this was one of the starting points for the creation of an internal initiative, which was intended to be personalized…
Management Development Program for NTPC Limited involving 800 Managers of company working PAN India.
NTPC conducted the dedicated Global Management Challenge – the world’s largest strategy and management competition (India – 2022 edition) with an objective to enhance cross-functional learning and managerial ability among employees. This was the first time that a dedicated challenge was being conducted for NTPC Executives…
The Russian Presidential Academy hosted Business Battle - a strategy and management championship for its 40 branches and faculties.
Business Battle is a special subproject of the Global Management Challenge World Strategy and Management Championship . Every year, more than two thousand people become participants in the project, and its representatives in the student and professional leagues participate in the national final of the championship…
Accenture Portugal uses Global Management Challenge Program for members of staff selected in an internal initiative.
Incredible India !
A Colorful, Spiritual and Tasteful Journey
One of the oldest civilisations in the world, India is a mosaic of multicultural experiences. With a rich heritage and myriad attractions, the country is among the most popular tourist destinations in the world. It covers an area of 32, 87,263 sq. km, extending from the snow-covered Himalayan heights to the tropical rain forests of the south. As the 7th largest country in the world, India stands apart from the rest of Asia, marked off as it is by mountains and the sea, which give the country a distinct geographical entity.
Fringed by the Great Himalayas in the north, it stretches southwards and at the Tropic of Cancer, tapers off into the Indian Ocean between the Bay of Bengal on the east and the Arabian Sea on the west. As you travel the expanse of the country, you are greeted by diverse nuances of cuisines, faiths, arts, crafts, music, nature, lands, tribes, history and adventure sports. India has a mesmeric conflation of the old and the new. As the bustling old bazaars rub shoulders with swanky shopping malls, and majestic monuments accompany luxurious heritage hotels, the quintessential traveller can get the best of both worlds. Head to the mountains, enjoy a beach retreat or cruise through the golden Thar, India has options galore for all.
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