UD ranks in top 2 percent
Dubai, UAE (January 16, 2012) - Nine out of 14 teams from the University of Dubai (UD) placed in the top 10 percent in a recent business simulation put on by Capsim. 2,439 of some of the best schools in the world participated in the 2-month business simulation and one of the UD teams placed in top 2 percent.
The University of Notre Dame, California State University, the American University of Beirut and Manitoba University are some of the schools that participated in the simulation. The business simulation known as "Capstone" teaches strategy, competitive analysis, finance, cross-functional alignment, and the selection of tactics to build a successful and focused company.
Participants in Capstone are challenged to turn around a poor-performing, $100-million company. Each week-long round is equivalent to one simulated year in the company's life and the participants are given 2 months to make the company successful in a simulated 8-year period. Participants make decisions in research and development, production, marketing and finance to improve the company. UD students participated in the simulation as part of the university's Strategic Management course.
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Contact UD's Dean of College of Business Administration, Dr. Mohamed Ibrahim for more information at +971 042 072 605 or mibrahim@ud.ac.ae.
About the University of Dubai
The University of Dubai (UD) is a leading university in the United Arab Emirates offering bachelor's degrees in Business Administration and Computing and Information Systems and a master's degree in Business Administration. Licensed and accredited nationally by the Ministry of Higher Education and Scientific Research, the University of Dubai became the only university in Dubai to hold the AACSB international accreditation in 2009 and the only university in the UAE to hold the ABET/CAC accreditation for its Computing and Information Systems program in 2006. The AACSB accreditation makes the University of Dubai part of an elite group in which only 5% of the world's business schools are a part. Named in 2011 as 'The Most Innovative Business School in the Middle East' by European CEO Magazine, UD delivers high-quality education using professors with extensive real-world business experience. The Dubai Chamber of Commerce and Industry founded the university in 1997 to provide the people of Dubai with the intellectual tools to become world leaders in business and computing. The University of Dubai proudly dedicates itself to this task daily. Visit our website at www.ud.ac.ae or call +971 4 224 2472 for more information.
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