UG Business School wins first Tertiary Business Challenge

The University of Ghana Business School (UGBS), has won its first Tertiary Business Sense Challenge (TBSC), with a convincing score of 86 points in a keenly contested competition.In a display of business acumen, the participating schools competed on who had the best business brains to think faster and proffer solutions with the defending Champions, University of Education Business School, Kwame Nkrumah University of Science and Technology Business School and UGBS School as finalists.The contest, organised by the Graphic Business, saw the Kwame Nkrumah University of Science and Technology placed second with a point gap of 73.5, while the University of Education Business School placed third, also with a point gap of 72.7 points.In a five-round contest held at the GNAT Hall in Accra, each business school was represented by four participants as they answered questions ranging from basic business concepts to a more advanced business ideas and solutions.The participants pitched business idea on a potential business start-ups created from the current environmental challenge (illegal mining).Mr. Ato Afful, Managing Director, Graphic Communications, said the contest was aimed at improving the financial literacy among tertiary students in Ghana.He said the contest was designed to test the contestant's problem-solving skills, which had been highly rated and needed in contemporary industries across the globe.He urged the students to have a mindset of entrepreneurship even when they end up being employed in industries of their choice, adding hat they must draw lessons from the contest to enhance their entrepreneurial pursuits.The Managing Director also called on the participants to leverage the contest and establish networks with contestants from other business schools for future business partnerships.Mr. Osie Adjaye-Gyamfi, Chief Executive Officer (CEO) of the Institute of Chattered Accountants Ghana (ICAG), said the contest transcended academic excellence and was a platform that highlighted future business leaders.He said the contest was a beacon of inspiration and encouraged students to pursue degree studies in various aspects of business such as accounting and financing.Mr. Derrich Eyram, a representative from Compu Ghana, wished all the contestants well in their future endeavours.?Source: Ghana News Agency