A team of accounting and finance students from Abu Dhabi University (ADU) won against four finalist teams in IMA’s 2012 Student Case Competition, an annual competition organized by IMA (Institute of Management Accountants) to provide an opportunity for students to interpret, analyze, evaluate, synthesize, and communicate a solution to a management accounting problem.
The students from ADU presented the best analysis of a case presented in Strategic Finance magazine. A judging panel consisting of industry experts on accounting and financial management judged entries from different participating colleges and universities in the UAE. The team of students from AmericanUniversity of Sharjah (AUS) was awarded as the runner-up team.
“The interest from various colleges and universities was overwhelming and based on the feedback from the judges, the entries were of high quality, reflecting the high standards of accounting and financial management education in the UAE. We are delighted with the results of the competition and will continue the competition not only to recognise outstanding efforts from students, but to raise the bar even higher of critical and strategic thinking among finance and accounting students who will in the future become industry practitioners,” said Jim Gurowka, IMA Vice President of International Development.
Representing the winning team from ADU was Amira Touri, Khawla Haroon, Fatima Abdul Kader, Raed Al Mesbahi with ADU professor Dr. Iliya Komarev as their faculty advisor. They were rewarded with a US$ 5,000/- cash prize for their effort, as well as a certificate of achievement. The runners-up AUS received a cash award of US$ 2,000/-.
The finalist teams received an engraved plaque with their college/university’s name and each team member’s name on it, as well as a certificate of achievement for each team member and faculty adviser.