Participate in the Second Annual
Webster MBA Capstone ® Competition

What's at stake? Who can compete? Cash prizes for the first, second and third place teams. The competition is open to all Webster MBA alumni, and current MBA students who have participated in the Capstone ® Simulation in the context of BUSN 6200.

1st Place Team wins $5,000
(Professor sponsoring 1st place team earns $1,000)
2nd Place Team wins $2,500
3rd Place Team wins $1,500

Background: The Capstone® Simulation (aka Management Simulations Inc.) is a major component of Webster University's Business Policies and Strategy (BUSN 6200) class. MBA students enrolled in this required course become familiar with the Capstone® Simulation and finish with scores that consistently outrank those of universities all over the globe.

How does Capstone ® Work? The Capstone® Simulation is a sophisticated business strategy simulation that gives students an opportunity to "manage" a virtual $100 million company in direct competition with other student "companies." This simulation makes sure that all Webster MBA students have a similar, high quality, integrative experience at the end of their MBA program. To be successful, students must integrate a number of critical business decisions, including the degree of corporate diversification, research and development, pricing, marketing, labor negotiations, product quality, TQM, finance, production, plant capacity, etc. It is an excellent way for students to wrap up their MBA program at Webster University.

What is the Competition? The simulation has been such a success in the classroom, that Webster University began offering a special competition for students who have completed BUSN 6200. It's a way for MBA's to test their skills out against other Webster MBA's in a serious competitive process...with the chance of winning cash prizes!

How does the competition work? The competition will have a preliminary and finals round. In the preliminary round, teams will compete against "the computer" and all teams will face essentially the same set of computer "competitors" following essentially the same set of strategies. The finals round will only include the top six teams, based on cumulative profitability, and these six teams will compete head-to-head for their share of a $10,000 prize. 'Official Rules' are listed on the reverse side of this sheet.

When Does the Competition Take Place: Registration for the event begins May 3 and ends June 9, 2006. The first decision is due on June 19 and the competition concludes with final decisions on August 2, 2006.

OFFICIAL RULES

Eligibility: The competition is open to all Webster MBA alumni, and current MBA students who have participated in the Capstone ® Simulation in the context of BUSN 6200. Exception:   The 1 st place team from last year's competition is ineligible to participate beyond the Qualifying Rounds.

Cost: The competition is free to any and all eligible students and alumni who have previously registered and paid the Capstone ® Simulation fee.

Team Composition: Each team must have a minimum of two team members.

Team Sponsorship: All teams must contact their home campus for sponsorship. A campus (Webster site) may sponsor an unlimited number of teams. Online students having no "home" campus must contact the Online MBA office at fleiscka@webster.edu.

To compete, all team members must register. Registration takes place online beginning May 3, 2006 and ending June 9, 2006 at 4:00pm Eastern Standard Time. After 4 p.m. Eastern Standard Time (EST) on June 9, no more registrations or changes to existing registrations will be accepted.

To register, visit: http://www.capsim.com/webchallenge/challengeWelcome.cfm  
***Once you register, click the "Team List" button to make sure your registration went through. Also, check the Team List to make sure your teammates have registered properly and no other unwanted team members have joined. Anyone on the team can close registration so that no more participants can join your team. Once the Qualifying Rounds begin, test to make certain that you can download the Excel file specific for this competition and save decisions. After the first decision is due, there is nothing that can be done to re-enter you into the competition.

Decisions: The winner will be the team with the highest cumulative profitability at the end of the finals round. In the case of a tie only, the Dean of the School of Business and Technology will review other measures of performance (ending ROE, ending ROA, and ending stock price) to determine the winner. In the case of a cumulative profitability tie, these other three measures will be considered with equal weight, along with cumulative profitability (therefore each criterion weighting 25%). The Dean's decision is final.

For further questions send visit: http://business.webster.edu/capstone/   or email capsim@webster.edu

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