Qatar Finance and Business Academy (QFBA), in cooperation with ADNAR Group, announced hosting the 34th International Competition for the Global Management Challenge (GMC), which runs till April 12 in Doha.
The opening ceremony will be held under the patronage of the Minister of Finance H E Ali Sherif Al Emadi, and an awards ceremony will be held under the auspices of Sheikh Fahad bin Faisal Al Thani, Deputy Governor of Qatar Central Bank. This was announced at a press conference.
The 2016 edition of GMC’s International Final will see strong competition between teams from countries including Angola, Brazil, Cape Verde, Czech Republic, Estonia, France, Greece, Hong Kong, India, Kenya, Kuwait, Macao, Mexico, Morocco, People's Republic of China, Poland, Portugal, Qatar, Russia, Senegal, Slovak Republic, Spain, and United Arab Emirates.
The GMC was founded in Portugal in 1980 and today is the world's largest strategy and management competition, hosted in more than 30 countries. The GMC was launched in Qatar in 2013 and was organised by ADNAR Group in partnership with QFBA.
The competing teams have previously won the championship title in their homeland or regionally, and are now participating in Doha to compete for the international title. The winning team will be announced tomorrow.
During two days of intensive work, the competing teams will make every effort to win the international title. On the first day, the semi-finals will take place, where the participating teams will be divided into four groups. They will be given information about the company they will manage, and they should make five sets of decisions that day.
In the final round, which starts the following day, the best two teams from each group will compete, and the best of the eight finalists will be crowned as the International GMC Winner of the Year. This will be the first time for Qatar to host the GMC International Finals. In recent years, the winners of the International Finals have been from Eastern European countries, especially Russia and Ukraine.
