Bangkok--Jun 22--SET
The Stock Exchange of Thailand (SET), the Office of SMEs Promotion (OSMEP), and Chulalongkorn University will co-host the “National Business Simulation Game” to promote entrepreneurial spirit as well as business ethics among the students destined to become the newest generation of entrepreneurs. Total prizes for the game are worth over THB150,000.
SET Executive Vice President, Mr. Punsak Vejanurug, announced that the SET’s Thailand Securities Institute (TSI), in conjunction with the Office of SMEs Promotion and Chulalongkorn University, will jointly host the “National Business Simulation Game” in order to provide students with some hands-on business experience prior to graduation. The program will accept applications from August 15 — September 30, 2005, at www.thaibizgame.com. Interested students can also apply with the Dept. of Commerce, Faculty of Commerce and Accountancy, Chulalongkorn University at Tel. 0-22218-5765. It is expected that the program will be well received by students.
To broadly introduce the program, the SET will be holding roadshows in the North, Northeast and the South during July — August. The qualifying round will be held simultaneously in four regions, including the Central, on October 15 — 16, 2005.
“We expect it’ll draw one of the highest number of applicants ever for a business simulation game in Thailand. More than 100 teams are expected. Twenty teams will be competing in the final round on October 29 — 30, 2005 at the SET Building. This simulation game has over THB150,000 in prizes. The qualifying team from each region will also receive THB10,000 in cash,” Mr. Punsak said.
Assoc. Prof. Achara Chandrachai, Ph.D. Head of the Dept. of Commerce, Faculty of Commerce and Accountancy, Chulalongkorn University, said that the faculty has designed the business simulation program to provide an opportunity for the students to learn and practice their business skills in a virtual business environment. The game will be useful in preparing them for their careers after graduation. Beside the business skills, the game also introduces business ethics and the need for social responsibility to the students. Hence they’ll take into account all related issues whenever doing business.
The Director-General of OSMEP, Mr. Polchate Likitthanasombat, said that OSMEP is pleased to play a part in promoting the entrepreneurial spirit among the new generation. Participating in the business simulation game, which will use real business data, as well as provide economic, industry, and social conditions close to those in reality, will provide a useful experience for the participants.
Thailand’s National Business Simulation Game will accept as applicants Thailand’s junior and senior students majoring in business, economics, or other related fields of study. Each faculty can have up to five representative teams, each with five members. All team members must be from the same college.
Prizes for final qualifiers are:
- Grand prize: THB50,000 cash prize
- First runner-up: THB30,000 cash prize
- Second runner-up: THB20,000 cash prize
- Third runner-up: THB10,000 cash prize
- Prize for Outstanding Presentation and Business Analysis: THB10,000 cash prize
For more details, please browse
http://www.thaibizgame.com or contact the National Business Simulation Game Project, Dept. of Commerce, Faculty of Commerce and Accountancy, Chulalongkorn University, at Tel. 0-2218-5763-64.
For more information, please contact the Corporate Communication Dept.:
Ladawan Kantawong Tel: 0-2229-2036
Kulvida Jintakawong Tel: 0-2229-2037
Nattaporn Boonprapa Tel: 0-2229-2049
Watsamon Saowakhonsathien Tel: 0-2229-2797 End.