Today, all undergraduate students- from all classes and all majors were given the opportunity to immerse themselves into a sophisticated set of problems in a professional environment at the UBA Case Competition. The problem set or the case (assigned by the PNC Center for Financial Services Innovation) was to propose potential use cases for CMU Coin, a cryptocurrency for CMU community.
Participants chosen for the case were divided into groups of 4, with the overall number of groups being 7. We all were given 3 days in order to research, brainstorm and come up with a solution and presentation. With a series of events, ranging from working with different people, having a lovely Indian dinner before the competition night, receiving the “care package” with food and drinks that we got to keep ourselves energetic for burning the midnight oil, meeting other teams, the entire competition itself, the lunch thereafter and so on, the Case Competition was an experience that’ll be remembered.
For the competition, all teams first went through a preliminary round involving a 20 minute presentation and a 10 minute Q&A with the panel of judges, who ranged from business communication professors, a PHD student, economics professors and the PNC representative who was the man behind this case. After the preliminary round, only 2 teams went to the final round. The winner team was rewarded a sum of $750 for their work and effort.
Overall, looking at this event through a personal perspective, the case competition was very insightful. Being probably the only Freshman in the room whilst working with sophomores and juniors paved way for so much confidence and additional knowledge about how to work a room within me. Also, even though our team did not enter the final round, I went home as a much smarter person when it comes to knowledge about cryptocurrencies and block chain technology and as a more experienced person regarding professional conduct.