New winners of the Future Business Star case championship from B1

08:52, December 20, 2023

IEB students presented diverse approaches to analyzing company financial statements

Exclusively for 3rd year students of the “International Economics and Business” program at GSEM UrFU, a block of lectures was held from experts of the auditing and consulting company B1 on the topics of the course “International Financial Reporting Standards”. As a result, 14 teams of students joined the Future Business Star case championship, in which participants tried their hand at solving a real business problem: analyzing the financial statements of companies in different industries and developing activities for the development of the company. The day before, the final decisions were defended before members of the jury - company representatives: Olga Bokova, Partner of the B1 Audit Services Department, Artem Filippov, Senior Manager of the Department, Irina Belozertseva, Department Manager, graduate of the IEB programme. Varvara Bayer, Lead Recruiter, shared:

“The Future Business Star case championship has already become a New Year’s tradition. For the second year in a row, our company is collaborating with the International Economics and Business program within the framework of this championship. We are glad that students approach the tasks with enthusiasm and offer high-quality business solutions. And it is precisely these motivated, inquisitive and ambitious students that we will be glad to see in our company as trainees this winter, as well asfull-time employees after graduation, in order to meet new challenges and find new business solutions together with them!”

Based on the results of the defenses, the absolute leader in this case competition was the Ural ParTea team. The guys commented on their success:

  “The last event from the B1 company allowed our team to dive into the world of one of the oil giants in the industry. We analyzed financial statements and indicators, worked on several initiatives for the company's growth, which ultimately allowed us to present a comprehensive solution to the case task. Presentations of solutions from other participants made us think about possible analysis methods that will definitely be useful in the future, which made the event even more useful and interesting for the whole team. We are sincerely glad to win and hope that we will be able to participate in similar case championships in the future!”

Congratulations to the “We almost forgot” team on second place and “etc.” on third place! The winners received souvenirs and a fast track for an internship, and the most valuable thing was that they learned more about different companies from the inside and received valuable recommendations for developing professional competencies from B1 experts first-hand.