NC State Grand Business Challenge

Putting knowledge to work to develop innovative solutions to industry's greatest challenges.

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 2017 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. Nine 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 cyber security in the life sciences industry.

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The Details

Foundational Challenge

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 cyber security threat against the life sciences industry.

The 2017 Judges

The expert judges represented Merck, Booz Allen Hamilton, EY and Cisco. Teams were judged on creativity, methods, impact, Q&A and Overall Delivery.

The 2017 Teams

Participating student teams hailed from Boston University, Clemson University, Florida State University, Johns Hopkins, NC State University, Singapore Management University, Texas Christian University, University of Economics, Prague and the University of Georgia.

$37,250

Prize money distributed to 2017 Grand Business Challenge winners