It was already 19th round of the competition where the teams of students had the opportunity to check their knowledge and skills in solving practical problems faced by enterprises and conducting business negotiations.

‘We are active students, we study together, know each other well, we started in the competition to show what we can, achieve something and check our knowledge,’ Szymon from University of Gdańsk said. ’The task we solved today was interesting, we liked it. We are interested in financial analysis and the case was interesting because the important role in it was played by the valuation of the company. We feel quite self-confident.’

The awards went to members of the following five teams that did best:

• The 1st degree award in the amount of PLN 2,500 (per each team member) was won by the teams of two universities:

– University of Economics in Katowice – Faculty of Management

– Wrocław University of Economics – Faculty of Management, Information Systems and Finance

• The 3rd degree award in the amount of PLN 1,500 (per each team member) was won by the team of University of Gdańsk – Faculty of Management.

• The 4th degree award in the amount of PLN 1,000 (per each team member) was won by the team of Kozminski University of Warsaw – Faculty of Management and Finance.

• The 5th degree award of PLN 750 (per each team member) was won by the team of Warsaw University of Technology – Faculty of Management.

The competition was divided into three stages. On the first day 15 teams developed the offer to acquire the medical company by an investment fund and the strategy of negotiation. Five teams qualified to the next stage and on the second day they had to prepare the presentation on behalf of an innovative start-up in the telecommunications sector. Two teams that qualified to the last, third stage had to negotiate. The Competition Committee decided that the skills, style and knowledge of both teams were so high and so equal that they both deserved to rank 1st.

‘The students had to present their ability to select information, analyze complicated problems and think in a critical and creative way. They also had to make a good team with clearly divided duties,’ Zofia Sapijaszka of the Educational Enterprise Foundation says.

The Competition Committee was composed of academics and experts and as every year it was chaired by Prof. Jerzy Dietl.

The competition was organized by the Educational Enterprise Foundation. The awards were sponsored by the Kronenberg Foundation at Citi Handlowy, while the competition as such was financed by the Polish-American Freedom Foundation.

Contact persons:

Press Communication – Anna Nowak, PR specialist, tel. (+48 42) 632 59 91, mobile: +48 660 223 851

Project Coordinator – Zofia Sapijaszka, Ph.D., Member of the Management Board, tel. (+48 42) 632 59 91, (+48 42) 631 95 58