Four students of the Master in Accounting, Control and Finance (MScCCF) won in the Risk Management part of the HEC Business Game 2018.
Congratulations to MScCCF students Noémie Fonjallazm, Laëtitia Gasc, Céline Völki, Dimitri Cogne, who participated in the HEC Business Game 2018 and achieved a joint 1st place in the competition. The Business game was created by an association of HEC Lausanne students, the Junior Enterprise HEC Lausanne. This year marked the fifth edition of the event and was a success in terms of participation and quality of the projects submitted.
The winning team from the Master in Accounting, Control and Finance competed among several groups coming from several institutions: HEC Lausanne, EHL, EPFL, ETH and University of St. Gallen numbering more than 160 participants. The students had to solve a real-life case study problem in a field of their choice: consulting, finance, marketing or risk management. Having studied Risk Management as a core course in their second semester, this was the first time that MScCCF students competed in this subject area.
The case was proposed by SICPA and asked students to develop a comprehensive plan for tackling the major risks faced by Toys&Game, SICPA’s costumer, particularly the threat posed by counterfeits. The groups had to summarize their analyses in a short presentation in front of the managing partners of SICPA. Each group had 4 hours to develop their solution to the case and as our winning team testified everyone was quite stressed!
One of the winners, Céline commented: "This Business Game helped me a lot with my stage fright, I liked the idea to each of us tackling and presenting a different section, and so we were able to focus on areas that we loved. We put a lot of passion into it! Getting more experience "in the field" is also very rewarding.” The Winners were asked to present their case to the C-level officers of SICPA after the event.
Noémie, Laëtitia, Céline and Dimitri expressed gratitude to Professor Anette Mikes for her encouragement: it was very interesting to apply classroom experience in “real life” and to test the freshly learned risk management concepts and frameworks under the life-like pressures of limited time and incomplete information.
Laëtitia concluded: “This business game was very interesting, it was a great opportunity for us to discuss and to share with professionals, even though some of them were just slightly older than us, in order to see where we are headed. It was also a great boost in morale to speak in front of these managers and to be able to discuss with them later: we have tackled some interesting points and we had a good exchange.”
Again congratulations to all the participants and especially to our MScCCF winning team! We are proud of you!
par Anna Massimino