Putting Knowledge to Work
The NC State Grand Business Challenge introduces MBA students to an industry and presents an opportunity to gain exposure and insight into real-world business challenges, all while evaluating how they react under pressure.
The 2016 Grand Business Challenge, sponsored by Merck, features the IT security challenges of the pharmaceutical industry, a highly competitive market where the development of one product can take many years and cost billions of dollars.
Ten MBA student teams representing notable business schools convened on the NC State University Centennial Campus November 3-5, 2016 to solve a series of three real-world business challenges posed by sponsor Merck and focused on business security in the life sciences industry.View Event Photos
NC State Jenkins MBA student Sarah Troxler reflects on her Grand Business Challenge team experience.
As data assets grow in a technology-reliant world, so do the opportunities for cyber-attacks. Hospitals and life sciences companies are especially at high risk for hacking. In this initial challenge, MBA teams were to address business security threat against the life sciences industry.
The expert judges represent Merck, Sharp & Dohme, National Security Agency (NSA), Exostar, EY and Cisco. Teams are judged on creativity, methods, impact, Q&A and Overall Delivery.
Participating student teams hail from Boston University, Clemson University, Duke University, Florida State University, NC State University, Rutgers University, Singapore Mgt. University, Texas Christian University, University of Economics Prague, and University of Georgia.
Grand Business Challenge Winners
Prize money distributed to Grand Business Challenge winners