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, featured the Future of IT and Business Operations 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 to solve a series of three real-world business challenges posed by sponsor Merck and focused on business security in the life sciences industry.
The 2017 Grand Business Challenge is scheduled for November 2-4, 2017 on the campus of NC State University.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 2016 Judges
The expert judges represented Merck, Sharp & Dohme, National Security Agency (NSA), Exostar, EY and Cisco. Teams were judged on creativity, methods, impact, Q&A and Overall Delivery.
The 2016 Teams
Participating student teams hailed 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.
2016 Grand Business Challenge Winners
Prize money distributed to 2016 Grand Business Challenge winners