Management Game 2016 ended last week, with three teams winning in two separate industries. The competition is a capstone course in the spring semester of the senior year for students in the Business Administration program.
In Management Game, students form companies and manage them in an online simulation over the course of a semester. Stephen Vargo, visiting assistant professor in business administration who teaches the course at CMU-Q, explains: “Students assume the roles of executive managers to make business decisions and to coordinate the operations of their companies within an online, simulated, competitive marketplace.”
The executive management team is held accountable to a “board of directors” made up of faculty members, alumni and members of industry in Doha. The Graduate School of Industrial Administration (GSIA) at Carnegie Mellon University created the simulated environment in 1958, the first program of its kind offered at a business school.
Narjis Premjee, the president of one of the winning teams, noted that the competition requires synthesizing the knowledge students have acquired throughout business school. “The team makes all of the finance, operational, marketing and production decisions for the company. You learn to be adaptable and to incorporate feedback to get better results,” she said.
In Industry 1, Sana Britto, Bilal Sheikh, Haya Al-Thani, Tehseen Niaz and Sareh Tayeb of Team Andrew earned the highest balanced scorecard. Narjis Premjee, Reem Saad, Huda Al-Abdulla, Mehreen Alam, and Valerie Garcia of Team Digby won the highest relative score.
In Industry 2, Team Digby achieved both highest balanced scorecard and highest relative score: Shaikha Al-Kuwari, Zamzam Al-Assmakh, Rouda Al-Assmakh, Noora Al-Saadi and Moustafa Lotfi.
The business curriculum at Carnegie Mellon University has earned global recognition for its management science approach to the study of business management. Nearly all leading business schools include some form of the Carnegie Mellon management science model in their curricula.