Loreal E-Strat Challenge
Loreal e-strat challenge is the world's biggest online business simulation. Six challenges have been done up till now since it started and it has brought together 132,000 students representing 125 countries. So how does it actually work?
A group of three will play as a team in this simulation challenge. The team will manage a portfolio of beauty brands and will compete with another 4 virtual teams. There are in total six rounds that will be played.
Two teams, one undergraduate and one graduate will be selected to attend the international finals in Paris. The teams will be selected from 8 geographical zones i.e. a total of 48 finalists will make it to the finals. All the expenses will be paid by the organizers and the sponsors.
That is not it. Have a look of what the websites says about the other prizes.
1st Prize:
10 000 Pounds !The 2 worldwide winning teams (one undergraduate and one MBA) will win a trip worth 10 000 to the destination of their choice.
2nd and 3rd Prize:
Expect something technical and up-to-the-minute!The 12 students who will reach the 2nd and the 3rd prize will receive a prize up to their expectations.
SPI Prize:
New prize!This year an extra prize will be awarded to the two teams (one undergraduate and one MBA) with the highest SPIs amongst the 16 International Finalists.
Now this really looks like something interesting and challenging. We have heard enough of business competitions in which a typical business plan is required. Now it's the turn to test how good is a person in an actually simulation. This is a more practical approach towards real business.
Well everyoTime.time is running out as the deadline for registration is 28th Nov and for playing the first round is 5th of December. Teams are actually playing the first round while you are busy reading this. Get ready, make a team of three, register and start playing for one of the biggest business competitions.
There is a lot more that you could know about this competition on their website.
A group of three will play as a team in this simulation challenge. The team will manage a portfolio of beauty brands and will compete with another 4 virtual teams. There are in total six rounds that will be played.
Two teams, one undergraduate and one graduate will be selected to attend the international finals in Paris. The teams will be selected from 8 geographical zones i.e. a total of 48 finalists will make it to the finals. All the expenses will be paid by the organizers and the sponsors.
That is not it. Have a look of what the websites says about the other prizes.
1st Prize:
10 000 Pounds !The 2 worldwide winning teams (one undergraduate and one MBA) will win a trip worth 10 000 to the destination of their choice.
2nd and 3rd Prize:
Expect something technical and up-to-the-minute!The 12 students who will reach the 2nd and the 3rd prize will receive a prize up to their expectations.
SPI Prize:
New prize!This year an extra prize will be awarded to the two teams (one undergraduate and one MBA) with the highest SPIs amongst the 16 International Finalists.
Now this really looks like something interesting and challenging. We have heard enough of business competitions in which a typical business plan is required. Now it's the turn to test how good is a person in an actually simulation. This is a more practical approach towards real business.
Well everyoTime.time is running out as the deadline for registration is 28th Nov and for playing the first round is 5th of December. Teams are actually playing the first round while you are busy reading this. Get ready, make a team of three, register and start playing for one of the biggest business competitions.
There is a lot more that you could know about this competition on their website.
by Afiq AUS Bizzwhizz correspondent
posted by bizzwhizz at 8:43 PM
5 Comments:
A very interesting competition with international participation.I can not participate but I would encourage young ones to team up. We are making a team roaster for like minded, ambitious students. Leave a comment if ur interested or email bizzwhizz admin
Hi
Count me in for a team that would like to focus on an online business venture. leave me a msg here and ill reply
Well you can count me in, but I am not actualy a 3rd year student, I have just got my HND in e-Business, if I qulify, count me in.
You can email me.
The last edition I finished in the semi-final round and I achieved the best score in my country.
I hope to play the final round this year!
PD: Dubai, my favourite city in the world, I'm doing a personal project about this fantastic place!
"In the race for excellence there is no finish line"
Joan
Barcelona, Spain
The last edition I finished in the semi-final round and I achieved the best score in my country.
I hope to play the final round this year!
PD: Dubai, my favourite city in the world, I'm doing a personal project about this fantastic place!
"In the race for excellence there is no finish line"
Joan
Barcelona, Spain
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