Carey Students Win Prestigious Operations Competition

Main navigation Johns Hopkins Legacy Online applications Faculty Directory Experiential studying Career resources Alumni mentoring program Util Nav CTA CTA Breadcrumb Carey Students Win Prestigious Operations Competition Continuing the trend of current case competitors successes, a Johns Hopkins Carey Business School Global MBA staff took high prize within the 15th annual MIT Sloan Operations Simulation Competition, held April 7, 2019, in Cambridge, Massachusetts. Facing formidable competition from nearly 100 challengers, including groups from Carnegie Mellon, Chicago Booth, Columbia, Duke, London Business School, Michigan Ross, MIT, Northwestern Kellogg, UC Berkeley, Yale, and Wharton, the Carey team won the $3,500 first-place prize in what is taken into account the toughest quantitative problem for any MBA pupil. It was Johns Hopkins’ first time reaching this famend honor. The challenge presented to all colleges was a simulated train in bailing out a hypothetical close to-bankrupt agency and subsequently making it as profitable as attainable, by investing in capacity, in search of financing from banks, streamlining stock, pricing products dynamically, and enhancing administration customer relatio ns. (Known as “Littlefield Technologies,” this factory simulator, used at more than 50 business and engineering schools, was co-developed by Johns Hopkins University provost Sunil Kumar whereas an assistant professor of operations administration at Stanford University Graduate School of Business.) The intensive experience called upon students’ high-notch analytics, operations, and management skills, amongst other skills. In addition to the profitable Carey staff (consisting of Dong Pan and Elaine Yang, both class of 2019), the other three groups, each of which made the top 20 finalists, included Grace Tsai (class of 2019) and Zifei Zhao (class of 2020), finishing in sixth place; Yuanbei Tang (class of 2019), finishing in ninth place; and Xuming Zhang and Qifan Zhang (both class of 2020), finishing in twentieth place. “Our Global MBA students have clearly demonstrated that they belong to the best and brightest,” mentioned Tinglong Dai, associate professor of Operations Mana gement and Business Analytics, and an adviser to Carey’s MIT Sloan Competition teams. “In addition to the winning team, the entire other three groups from Carey made it to the top 20, a rare and remarkable report.” This honor was simply the newest in several competition achievements over the past few months. In February, a first-ever team of Carey and Maryland Institute College of Art (MICA) college students studying together within the MBA/MA in Design Leadership program made the ultimate spherical and introduced to judges in the prestigious Rotman Business School Design Challenge. Also in February, a team of Johns Hopkins University college students, including three from the Carey Business School, won first prize within the annual Yale Healthcare Case Competition, while another Carey scholar gained a private award at the Fisher KeyBank Minority Case Competition. In addition, that very same month, a staff of Carey college students completed first in the Washington, D.C./Balti more space CFA Institute Research Challenge. Posted a hundred International Drive