CBAA Griffins reach national business challenge

by Jessa Mier Cos

The College of Business Administration and Accounting (CBAA) marked anew the MSU-IIT’s reputation as a leading business-learning institution as the CBAA Griffins reached the national level of the prestigious Global Business Challenge (GBC).

The GBC, an international business competition first launched in Singapore in 2009, explores the potentials of the youth to become business leaders.

The first GBC attracted several countries around the globe with Hongkong winning the top plum.

Inviting the Philippines for the first time this year, the GBC has tapped the conduits Association of Certified Public Accountants in Commerce and Industry (ACPACI) and the Philippine Institute of Certified Public Accountants (PICPA), in cooperation with Philippine Duplicators Inc., and a new partner, the Chartered Institute of Management Accountants (CIMA), to field teams from various universities and colleges to join the competition.

The competition replaces the annual “Search for the Most Outstanding Accounting Students of the Philippines” in the team category.

Of the 11 participating colleges and universities that submitted their case solutions to CIMA two months ago, only six universities made the cut for the national competitions set June 26 at the Century Park Sheraton in Manila.

The finalists represent De La Salle University (Manila), Polytechnic University of the Philippines, University of the Philippines (Iloilo), University of San Carlos, University of Santo Tomas, and the MSU-IIT. The winning team represents the country in the international competition in Kuala Lumpur, Malaysia, this August.

Four business-accounting students with their advisers comprise each team. In the competition, teams defend their case solutions in the presence of a professional body of business and finance leaders and experts.

Joining the MSU-IIT CBAA Griffins are: Jesther Ian B. Gonzales (Team Leader), Jason John V. Alegarme, Chacy Kay B. Atan, and Hanilyn A. Tiago. The team is supervised by Prof. Wilfreda O. Loable, CPA, a CBAA veteran mentor who has served the college in the last 20 years.

At this stage of the preparations, members of the team are expectedly anxious but proud to face off with other teams of equally-distinguished universities.

CBAA has participated and won honors in past competitions. Having unfurled the Institute’s banner in past tiffs of the “Search for the Most Outstanding Accountants of the Philippines” were Leah Gumahad (Finalist, 2004, Individual Category), Irine Te (2nd place, 2008, Individual Category), and the team of Kharis Ann Y. Darunday, Leonidiza P. Romano and Avril Reina Q. Talingting (3rd place, 2007).

Loable eagerly encourages the team with: “Dream Malaysia!”.

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