Business Game : The Next Entrepreneur (2013)

Once again, Business Game was organized in UTAR Sungai Long.

This event was held by Accounting Society (UAS) with the collaboration of CIMA on 15^th August 2013, from 9 am to 2 pm at South Lobby. It is a challenging game with the aim of “going for profit” by operating a business virtually. Participants are required to make certain decisions and strategic thinking in pursuit the highest profit for their businesses. Through this game, the participants are able to be exposed to the reality of the business world. 

Well, there were 6 teams, each with 4 members took part in Business Game this year. In the early 9am on the day, the organizing committees and CIMA members were all ready and waiting for the coming of the participants. 

The prizes for the winning team, best logo, best design and best jingle was placed on the table and waiting for participants to grab it home. 

Those materials needed during the game had been prepared before start the game.

At the beginning of the game, Mr Michael, one of the CIMA members, was giving a short briefing for the participants on the Business Game by using the Power Points slides. Each team was required to create a company name and delegate the roles and positions among the members since they were going to set up a pizza business. 2 main tasks were given to participants to bid for location and make decisions for four quarters.

CIMA member was giving a short briefing for participants. 

Discussion for bidding session 

Decisions making session

PC administrators key in the decisions made by each team into computer. 

Each teams were given a portfolio and decisions form in every quarter. Participants had to fill the forms up and submit it to organizing members after a quick discussion with team members. 
The decisions made included the price and quality of the pizza, advertising fees, salary of the workers, marketing research and so forth. More complicated decisions will be added in every quarter to challenge those participants. Next, the PC administrators key in the decisions into the CIMA computerized analysis program and calculate the profits or losses they incurred. The scorekeeper then wrote down the highest profit to date on the whiteboard at the end of each quarter in order to increase the fun of the game and the final results based on the decisions they made were distributed to them. 

While waiting for the computerized calculation and results printing, there were three special challenges for participants to complete. As a successful entrepreneur, he or she not only should capable of entrepreneurship but also should have creativity and innovative. Each team had been assigned to create a short advertising jingle for their pizza business and design the uniform and pizza box within a short period. 

One of the interesting advertising jingles for the pizza business

Is the uniform suitable for boys too? :)

Creative uniforms designed by participants

Beautiful and colourful pizza boxes

Finally, the Business Game ended at 2 pm. The winner of this game had a total profit of €114,576. The winning team, first runner-up and the next team, the second runner-up was awarded by Mr Steven. Gifts were given to teams with the best logo, best design and best jingle by Mr Sophian. Puah Zi Yang, the chairman of UAS also presented souvenirs to the CIMA members. At the end of the game,we also expressed the gratitude to the CIMA team for making this event a success.

The winning team and best jingle team

The first runner-up team

The second runner-up team

The best logo and design team

Chairman of UAS was giving souvenir to CIMA members.

 

These are the respective CIMA team, UAS members and the participants of the Business Game. 

Fund Raising July 2013

Date: 29^th July 2013 to 30^th July 2013 (Monday to Tuesday)

Time: 10am to 4pm

Venue: South Lobby (UTAR Sungai Long)

The fund raising had been held for 2 days consecutively. One of the objectives for this event is to create and increase the awareness among UTAR students about the Accounting Society (UAS). Soya, pancakes and S’mores were selling for this fund raising. The event was successfully carried out and we found that the most popular foods are soya, followed s’mores and pancakes.

During the two days, duty committees had started to prepare to open the booth before 10am. Once everything was fully settled, the duty committees began to promote the foods and drinks we sold. We had received a positive response from the students. 

Below are some photo taken during the event: 

Duty committees received the orders from customers. 

Duty members used the toaster to reheat the cooked pancakes for customers. 

The S'mores were being prepared by duty members with the use of marshmallows, biscuits, and chocolate powder.

12th Inter- Varsity Accounting Quiz 2013

 On the 23rd of March, our students are so privileged to be able to participate in the Multimedia University 12th Inter- Varsity Accounting Quiz 2013. Our university send a total of 9 participants to represent our university and some supporters to give them moral support during the challenging quiz.

We would like to take this opportunity to congratulate the team from our university for their effort which qualify them until the semi-final. Although our team didn't win, we believe that all of them had tried their level best.

So, good job, everyone. Thanks for making us, Utarians proud! =)

Participants and the supporters who went to the MMU campus in Malacca.

UTAR INTRA-CAMPUS ACCOUNTING QUIZ 2013

On 31 January 2013, we organised the first UTAR Intra-Campus Accounting quiz 2013. A total of 90 participants took part in this quiz which consists of two session. Session one consists of 40 multiple choice question to be completed in one hour. In the second session, the top 12 participants who has the highest score were shortlisted. They were then divided into group of 3 members. This session is an interactive session where participants have to choose the question and provide the answer within the time limit given.

Below are the list of the winner :

The champion teams are :

1) Nicholas Lim Ee Sheng (0902783)
2) Ng Ban Aik (0905852)
3) Giean Chee Hoong (0906174)

The 1st runner-up are :
1) Bernard Foong Kam Tuck (1004512)
2) Chee Kar Chun (1005687)
3) Choo Wei Wei (0902801)

The 2nd runner-up are :
1) Tiew Wei Siong (1004537)
2) Wong Sin Hui (0905613)
3) Ngeow Sook Han (0904087)

Consolation :
1) Teh Chin Yee (1003421)
2) Carmen Koh Kah Mun (1000716)
3) Kon Wei Lin (0906949)

CONGRATULATION TO ALL THE PARTICIPANTS WHO MADE IT TO THE TOP TWELVE. =)

Besides that, we would also like to take this opportunity to thank ACCA and ProCA for their kind sponsorship in making our event a great success.

We would like to also express our heart felt gratitude to Mr.Ng Kean Kok, Dr.Morni, Miss Vivian, all the lecterurs involve in the preparation of the question for the quiz, the IT Department of UTAR for helping us in setting up the computer, the Estate Department as well as the committees and helpers of this event.

THANK YOU. =)

Below are some pictures taken during the event :

The second session of the quiz.

The first session of the quiz.

The top twelve participants with Dr.Morni.

Dr.Morni presenting a token of appreciation to Mr.Tung, our judge for the event.

Dr.Morni presenting the token of appreciation to Mr.Derek, our judge of the event .

Dr.Morni presenting the token of appreciation to Mr.Ang Wen How our judge of the event .

The panel of judges.