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BBA Thammasat won 2nd Runner-up Place at BOC-NUS Case Competition 2018, Singapore


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Written by Premika Bhongsudhep, BBA#26
 
BOC-NUS Case Competition, one of the worlds most prestigious case competitions, was held during 3rd7th September 2018 in the sunny island of Singapore. The competition was organized by the NUS Business School and NUS Case Consulting Group with Bank of China as its Principal Partner. Celebrating its 10th iteration this year, the NUS Case Competition aims to make the Competition even more challenging by selectively invite 20 elite universities from 12 countries around the worldas opposed to the norm of 16 teams. Our team representative consists of Parit Keeratiyothin (BBA#24), Thitipong Sae-cai (#BBA24), Varalee Tananivit (BBA#24) and Premika Bhongsudhep (BBA#26) along with our advisor Ajarn Supawat Likittanawong.  
 
Upon our first day of arrival, we attended a short initial briefing followed by a warm welcoming dinner where the opening ceremony took place. Right then and there, team divisions were drawn, and this year case format was announced. Teams are randomly allocated into five divisions, consisting of 4 teams each. Placed in a division filled with teams of high potential, our team The Riversideis required to crack two cases including one 5-hour case and one 24-hour case. In which, the cases are weighted at 30% and 70% of the total points respectively. Team with the highest cumulative score from each division will proceed on to the final round and present the second case to another panel of judges.  

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With sheer enthusiasm, we started off our second day by paying a visit to our short cases company, Singapore China Cultural Centre. Caught amidst changes from a recent merger, CCC now faces with a key question of how can it best leverage on the merger to promote Chinese culture and support the development of the tourism industry between China and Singapore. Five hours case cracking session went by like a flash. The next minute we knew was when we were walking in to the presentation room. With brimmed confidence in our solution, we delivered our best 15 minutes presentation followed by a 10 minutes question and answer session. Unfortunately, we ended up securing third place in our division. However, the result did not daunt us though, we cheered each other up and were determined to perform even better in the second round.
 
After a good night rest, we woke up to a relaxing day filled with fun and engaging activities. We had an amazing chance to explore Singapore while building up connections with international friends through the Amazing Race activity. Awaited us next was our long case company visit to Bank of China Singapore Branch, a leading bank in Singapore, seeking to set up an effective ecosystem in order to better position itself in the future amidst changes within the financial industry.
 
Kicking off our fourth day with full faith in our team, we began cracking our 24-hour case. Times flew by quickly as we worked tirelessly against the clock to craft out what we thought was our masterpiece solution. Our hard work did pay off as the Riverside was announced as the champion of our division! Being one of the five teams, we proceeded on to the final round.
 
Now to the real deal, as we stepped up on to the stage, our hearts were pounding so hard that we could hear it, but in that moment, nothing could interrupt our sheer determination, huge crowd energized us, we shined through the spotlight and delivered our recommendations to a wide panel of honorable judges and large crowd of audiences. Finally, the moment of truth had come, representing Thammasat Business School, the Riverside team managed to emerge as this year 2nd runner up.
 
Our achievement would not have been possible without the unweaving support and continual guidance from our professors, case team advisors and alumni. We would also like to extend our sincere gratitude to the BBAs office staffs for helping to ease our processes. Adhering to our notion of Be the Best Always, we truly hope that this trophy would only be the first of many more to come.
 

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