March 10, 2005: BBA students big winners at business simulation

      FOR IMMEDIATE RELEASE
      March 10, 2005
      Contact: Judith Watson
      Tel: 604.986.1911, local 2345

      (NORTH VANCOUVER, B.C.)—Four BBA students from the Capilano College School of Business brought home seven medals out of nine categories in the annual B.C. Business Simulation competition.

      The competition involved eight teams of four students each from various B.C. colleges and university colleges. It was held March 3 to 7 at Kwantlen University College in Richmond. Judges came from various industries and included Alan Fraser, head of human resources at ICBC and Doug Wallis, director of professional advisory services with the Institute of Chartered Accountants of B.C.

      Each team was required to run a corporation that started with the same amount of money and the same number of employees. They were judged for their six-year strategic plan on how to operate their company and increase the value of the company’s stock. The judges, acting as the board of directors, gave each team only minutes to account for decisions made in such areas as human resources, marketing, operations and finances.

      Members of the Capilano College team, coached by School of Business instructors Judith Watson and Graham Fane, were Capilano College BBA students Kari Johnson, Betheny Tapp, Nick Fane, and Ryan Bates.

      Nick Fane took home a gold medal for best CEO and a bronze for operations manager; Betheny Tapp won gold for best HR manager; Ryan Bates won bronze for finance manager; Kari Johnson won bronze for marketing manager. The team won a silver medal for the best overall communications plan and a bronze for the best strategic plan.

      “It was a fantastic experience,” Johnson said. “You really learn how to work under pressure.

      “It was interesting to see the other college’s approach,” she added. “It reaffirmed my decision to come to Capilano College because now I know that I’m getting a first-class education in business.”

      The event was sponsored by a variety of organizations, including the Certified General Accountants of B.C., the Certified Management Accountants of B.C., the Institute of Chartered Accountants of B.C., and the Investor’s Group. Winners received medals and the gold medallists were also presented with trophies.

      “The students all worked really hard and it paid off,” said Watson proudly. “It showed in the fact that each individual on the Capilano College team won a medal.”

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