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Burnaby North Secondary Students Win First and Second Place in CMA BC High School Case Competition
Burnaby North Secondary competes against 30 other High School teams; competition rewards Tomorrow's Business Leaders
/High School PR News/ - VANCOUVER, CANADA, February 24, 2008 - The Certified Management Accountants Society of British Columbia held its second annual High School Case Competition on Saturday, February 16, 2008 at the downtown campus of Simon Fraser University.
Burnaby North Secondary students Tony Jin, Wayne Chen and Tommy Leung won the competition and a shared $2,000 team scholarship. Ian Weng, Amy Tsai and Steven Chen, also from Burnaby North Secondary, placed second. Nearly 200 high school students from across the province participated in this year's case competition.
"We are very proud to be able to offer High Schools students throughout BC the opportunity to participate in a business case competition, and help these young leaders develop their strategic leadership skills early in their careers" says Colin Bennett, CMA, FCMA - President & CEO of CMA British Columbia.
"We received a number of outstanding cases and CMA British Columbia would like to recognize the following schools that made it to round two of the case competition: Burnaby North Secondary, Sir Winston Churchill Secondary, Dr. Charles Best Secondary, Seaquam Secondary, Richmond Secondary and Houston Secondary" said Bennett.
During the competition, students put their strategic management skills to the test by analyzing a business case about Facebook, and the social network's business decision to remain privately owned or become a publicly traded company. Each team had to put together a strategic plan advising the company's fictional senior management on the business opportunities and threats this decision meant for the company.
The competition provided participating students with an understanding of management challenges and issues. "Learning about the real world applications of strategy, management, and accounting was very interesting," said Tommy Leung from the first placed Burnaby North Secondary team. "Before this competition, I've always thought that accounting was just all numbers."
"The CMA BC High School Case Competition allows students to gain an understanding of what strategic management is. It also gives students an opportunity to work as a team in a demanding and creative situation where they are able to gain an appreciation of a business leader's role," says Mehb Jessa, CMA and Chair of the 2007-2008 Board of Directors, CMA British Columbia. "The leadership and innovation demonstrated by these teams exemplifies the strategic thinking that is the cornerstone of the CMA designation and the core competency of nearly 40,000 members worldwide."
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Media Contact:
Tiana Mah, Communications Specialist
CMA British Columbia
Tel: 604.484.7022 Toll Free: 1.800.663.9646
tiana@cmabc.com www.cmabc.com
About CMA Canada - British Columbia
Certified Management Accountants Society of British Columbia awards the Certified Management Accountant (CMA) designation to qualified candidates in British Columbia. With more than 38,000 certified members and 10,000 candidates and students around the world, CMA is the only organization in North America that grants a strategic management accounting TM professional designation. It is responsible for standards-setting, accreditation and the continuing professional development of CMAs. CMAs provide an integrating perspective to business decision-making, applying a unique blend of expertise in accounting, management and strategy to identify new market opportunities, ensure corporate accountability, and help organizations maintain a long-term competitive advantage. For more information visit www.managementaccounting.ca or www.cmabc.com.
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Press Release Contact Information:
Tiana Mah
CMA Canada - British Columbia
Communications Specialist
Suite 1055, Two Bentall Centre, 555 Burrard St., Box 269
Vancouver, BC
CMA BC V7X 1M8
Voice: 604-687-5891
Website: Visit Our Website |
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