The 2024 Hong Kong MBS Simulated Business Management Competition, hosted by the International Association of Business Management Simulation (IABMS) and Top-BOSS International, took place on June 1st at the University of Hong Kong campus. The competition concluded with the University of Hong Kong’s Risk Takers team winning first place, followed by VPN from the same university in second place, and Joinjoy from Chiang Mai University, Thailand, securing third place.

Prizes

• Champion (RiskTakers, HKU): HKD 6000 / Trophy / Medals
• First Runner-up (VPN, HKU): HKD 4000 / Trophy / Medals
• Second Runner-up (Joinjoy, CMU): HKD 2000 / Trophy / Medals

Scoring Criteria The scoring matrix for the competition was as follows:

• Net Present Value (NPV): 40%
• Fill Rate: 15%
• Revenue Growth: 15%
• Urgent Purchase Expense Ratio: 15%
• Return on Capital Employed: 15%

Participating Teams and Schools (33 teams from 10 schools)

• Wisdom Co. (Hong Kong University of Science and Technology)
• NSR (Hong Kong Baptist University)
• Q4Fin (University of Hong Kong)
• Business Avengers (City University of Hong Kong)
• HKMU TMJA 01 (Hong Kong Metropolitan University)
• MSW (University of Hong Kong)
• Interesting (Hong Kong University of Science and Technology)
• GM Cafe (Hong Kong Metropolitan University)
• 91M (Hong Kong University of Science and Technology)
• No Ideas (Chulalongkorn University, Thailand)
• Viviz (Hong Kong University of Science and Technology)
• VPN (University of Hong Kong)
• Business Plus (Hong Kong Baptist University)
• HMF (Hong Kong Metropolitan University)
• Futurizt (Hong Kong University of Science and Technology)
• Adorable (Hong Kong University of Science and Technology)
• Tasteopia (Hong Kong University of Science and Technology)
• HRZ (Hong Kong University of Science and Technology)
• One (University of Hong Kong)
• CANONIQUE (University of Hong Kong)
• TestD (Silpakorn University, Thailand)
• Gasa Cake (Lingnan University)
• RiskTakers (University of Hong Kong)
• JETI (Hong Kong University of Science and Technology)
• WallyWanka (Hong Kong Metropolitan University)
• InsightUST (Hong Kong University of Science and Technology)
• ABDD_Co. (Hong Kong University of Science and Technology)
• PB Pioneers (University of Hong Kong)
• Ubridging (University of Hong Kong)
• Zenith (Hong Kong University of Science and Technology)
• Count you kicking the cotton (Nanjing Tech University)
• Squad (City University of Hong Kong)
• Joinjoy (Chiang Mai University, Thailand)

Congratulations to all the participating teams, and special congratulations to the winning teams!

more information: https://www.intabms.org/mbssimulatedbizmgmtcomp2024