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Student Teams Earn Placement in Top 100 Global Rankings

11/5/2014
New Rochelle, NY (November 5, 2014) Outstanding business seniors Devon Lopez and Brian Santos (co-managers of Aperture Priority) have achieved three performance measures top rankings in the GLO-BUS online global simulation during the week of October 27 to November 2. 

This semester five Iona student teams have earned placement in the Top 100 global rankings in the GLO-BUS competitive business simulation. The students are enrolled in BUS470 - Business Policy and Strategy course taught by Jeffrey Alstete, Ed.D., associate professor of Management and Business Administration.

"This is especially notable because there are 2,613 teams from 149 colleges/universities participating in the simulation game world-wide at this time," said Dr. Alstete.

The GLO-BUS is a completely online global simulation by McGraw-Hill/Irwin (www.glo-bus.com/stats/top20.html) where the focus is on competitive strategy, and teams of students run a digital camera company in head-to-head competition against companies run by other class members. 
 
Company operations parallel those of actual digital camera companies. Just as in the real world, companies compete in a global market arena, selling digital cameras in four geographic regions—Europe-Africa, North America, Asia-Pacific, and Latin America. 
 
Each week, the best-performing GLO-BUS companies measured on four performance variables (Overall Score, EPS, ROE, and Stock Price) are honored on the website. The simulation will continue through the Fall semester.

Update: As of November 10 team A, Devon Lopez and Bryan Santos, are tied for best overall game to date score compared to 3,155 teams at 170 colleges and universities participating worldwide. Six Iona teams in total are now in the Global Top 100.