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CIMA kicks off GBC 2014 with regional finals at Bangalore

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CIMA kicks off GBC 2014 with regional finals

Bangalore, March 19, 2014: The Global Business Challenge (GBC) 2014 hosted by CIMA, the premier global accounting body, kicked off with the Southern regional finals in Bangalore on March 15, 2014.

Eight teams, namely Tetrachrome (Vidya Bharathi Group of Institutions, Cochin), Ecogeeks (Christ University, Bangalore), Ordinares (Loyola College, Chennai), Miracle Makers (Anna Adarsh College for Women, Chennai), Indian Bridgers (Jain University, Bangalore), The Crusaders (IIT-Madras, Chennai), Bull's Eye (NIT Trichy, Trichy) and Optimist (Jain University, Bangalore) participated in the regional finals held at Bangalore.

Team Bull's Eye from NIT Trichy, comprising of four students - Ayush Tibrewala, Raghu Ram, Mohit Asnani and Pradeep Varma, emerged as the winners from South region.

The jury consisted of eminent corporate leaders such as Sanjay Ramanujam, Managing Director, Biodiversity Conservation India Pvt. Ltd; Vinesh Singh, Chief Operating & Financial Officer, Startup retail venture; Christa Gebhart, Global Finance Head of Corporate Development Center, Siemens; Pradeep Swaminathan, Executive Director - Finance, Bharat Earth Movers Ltd and Divya Goel, Head of Process Excellence  - F&A & HR Operations, GMR Group.

Speaking on the occasion of first regional round, Debasish Biswas, Country Head, CIMA India, said, "The annual Global Business Challenge is a great opportunity for undergraduate students from universities and colleges around the world to showcase their talent and skills in business management. This year we've seen a surge of entries, with around 500 entries coming in from across India. With a 40 % increase in case study submissions compared to last year, we are overwhelmed to see the enthusiasm amongst students. By giving students an opportunity to work in teams and exhibit their analytical proficiency and business intelligence, CIMA is opening a new path for their future careers as business leaders."

The regional finals in the East, West and North zones are slated to be held during the next few weeks. Following the regional rounds, the winners will compete for the India finals on April 13, 2014.

The CIMA Global Business Challenge is an international business competition designed to bring out the best in the young business leaders of tomorrow. The competition is organized in partnership with Barclays, who shares CIMA's vision of developing and nurturing young talent around the world.

South Zone Winners:

Category  Winning Team Institute 
 Winning Team Bull's Eye   NIT Trichy
Best Business Report  The Crusaders  IIT-Madras 
 Best Speaker Mohit Asnani- Bull's Eye   NIT Trichy
 Runners-up Team  The Optimist  Jain University

About Chartered Institute of Management Accountants:

The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world's leading and largest professional body of management accountants, with over 218,000 members and students operating in 177 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers' choice when recruiting financially-trained business leaders.

Professionalism and ethics are at the core of CIMA's activities with every member and student bound by robust standards so that integrity, expertise and vision are brought together.

CIMA has formed a joint venture with the American Institute of CPAs (AICPA) to establish the Chartered Global Management Accountant (CGMA) designation. CGMA is the global quality standard that further elevates the profession of management accounting. The designation recognises the most talented and committed management accountants with the discipline and skill to drive strong business performance.

CIMA is proud to be the first professional accounting body to offer a truly global product in the fast-moving area of Islamic Finance.

For queries contact:

Debasish Biswas,
Country Head, CIMA India
Tel: 022 4237010

For more information about CIMA, please visit

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