IMA® (Institute of Management Accountants), one of the largest and most respected associations focused exclusively on the advancement of the management accounting profession globally, is accepting entries for the 2023 IMA AsiaPac Student Case Competition now through 3 February 2023. University students in the AsiaPac region are invited to participate in this challenging but rewarding competition.
The competition presents students with an opportunity to interpret, analyze, evaluate, synthesize, and communicate a solution to a management accounting problem. Students across the Philippines and the Asia Pacific will need to register and compete as a team of three to five members. Members of the group can be from different academic programs but must all be from the same institution/university. As part of the case competition, teams need to prepare and present virtually to IMA members and distinguished business professionals.
The top three winning teams of the AsiaPac competition will be awarded prizes consisting of a U.S. CMA® (Certified Management Accountant) Scholarship worth over USD2,000, Amazon gift vouchers, and the opportunity to participate in the Team Membership Program with an IMA chapter. Additionally, the first-place winning team will receive an exclusive career preparation and development mentoring session with Dr. Josh Heniro, senior director of Southeast Asia and Australasia at IMA.
The 2023 case study was written by Charles R. Thomas Jr., Ph.D., CMA, CPA, CGMA, from Tarleton State University, James W. Hesford, Ph.D., from the University of Missouri-St. Louis, and Michael James Turner, Ph.D., from The University of Queensland. Participants will need to think strategically and use their analytical skills to solve the business case “Kunapipi Gardens: Transfer Pricing in The Service Industry,” which asks students to look at the fictitious hotel’s current strategic position and to suggest an “ideal” performance measurement system.
“This competition encourages students to develop their strategic mindsets by analyzing real business challenges faced by enterprises,” said Heniro. “In addition, it fosters students’ critical-thinking skills, the ability to make sound judgments, and excellent communication skills. These are the skills that are highly sought after in the profession. Over the years, we’ve noticed students are proposing more creative solutions to real-life problems, and we’re looking forward to an engaging competition.”
Full competition details are available here: 2023 IMA AsiaPac Student Case Competition.