It’s time to make your mark: IMA® (Institute of Management Accountants) recently launched its revised 2022 Student Case Competition, which provides an opportunity for students to interpret, analyze, evaluate, synthesize, and communicate a solution to a management accounting problem.
The competition, open to college students around the world, will feature six regional competitions. Students will work in teams of three to five people at their respective universities and colleges, submitting their solution to the case in a PowerPoint presentation. The top four teams from the U.S. competition will convene on June 12, 2022, at IMA’s Annual Conference & Expo in Austin, Texas, to crown a winner.
Visit the IMA website to see the full rules, terms, and conditions for the competitions.
You can also check out this YouTube video by IMA’s Professor-in-Residence Laurie Burney, Ph.D., CMA, CSCA, which explains submission details and requirements. In the U.S., the deadline for submissions is February 2, 2022 (other regional deadlines vary).
For the U.S. competition, members of the four finalist teams will receive a CMA® (Certified Management Accountant) scholarship worth more than $2,000, travel and hotel expenses to the IMA Annual Conference, free conference registration, and a team commemorative plaque. The first-place team will win a $4,000 cash prize; the other teams will each receive a $2,000 cash prize.
The 2022 case was written by Junaitha Gaffor and Desi Arisandl, Ph.D., from the Singapore Institute of Technology and featured in the August 2021 issue of Strategic Finance magazine. The case asks students to look at the fictitious indoor sports company The Cage’s competitive position and how to maximize the value provided to its customers.
“We’re always looking for the leaders of the next generation of accounting and finance professionals and CMAs, and our Student Case Competition helps us to find them,” said Jim Gurowka, CAE, IMA senior vice president. “We’re excited that this competition has become a global one and look forward to reviewing this year’s submissions.”
For more information, please visit IMA Student Case Competition on the IMA website.