The Rand Group Risk Challenge puts your skills to the test in a practical, real life situation. You could explore career paths you hadn’t even contemplated and succeed at winning $1,200 cash.

The Challenge:

As part of this competition, you will learn firsthand about the challenging world of business management and IT consulting, while being mentored by one of Rand Group’s senior associates through the process of preparing for your business case based on a real client problem.

Each participant who passes the initial assessment will be rewarded with $200 and grouped into a team of 4 individuals – 2 from Accounting and 2 from MIS. Each team will be given a business case to work on with guidance from their mentor. At the end of the competition, the teams will present their case – along with observations, findings and recommendations – to a panel of judges comprised of professors and senior Rand Group professionals. One winning team will be selected, and each member will receive $1,000.

The Opportunity:

This is more than just a competition. This is a chance to change the trajectory of your career path, and learn about life after university. Participants who pass the initial assessment benefit from this competition in more ways than one:

  • They receive $200.00 in cash – making this the only exam you’ll ever take that pays you!
  • They gain access to mentorship from real professionals, working in the industry.
  • They are assigned a real world business case from which to learn, and to apply practical concepts and knowledge gained throughout their scholastic career.
  • They have a chance to win the grand prize, as selected by our judges

Additionally, the 4 members of the winning team receive:

  • $1,000 in cash each – for once, your education is paying YOU!
  • A guaranteed interview for a career opportunity at Rand Group.
  • Public acknowledgement of your achievement via various local media channels.
  • Real-world experience which can be used on your resume.
  • The Rand Group Certificate of Achievement in Excellence.

The Details:

The entire competition runs for a total of 5 weeks starting on September 3, 2013 and culminating with the review panel presentation on October 8, 2013. 

Individual Training

  • Week 1 : Introduction to Rand Group, delivery of training materials and case expectations
  • Weeks 1 through 2: Training materials, scheduled mentorship checkpoints and study time
  • Week 2: Taking the exam at scheduled times (see table below). Each participant takes the test in order to move to group work. (Everyone that passes the exam receives $200)

Group Work

  • Week 3: Introduction to the case. Eligible participants are assigned to their core competition group.
  • Weeks 3 through 5: Competition groups work on their virtual image and business case, with access to mentorship and resources.
  • Week 5: Each competition group presents their case to the panel of judges and a winning team is selected. (Winning team receives $1000 for each team member and is guaranteed an interview with Rand Group)

The exam and group work associated with the competition is outside your regular school work and exam schedule and will not interfere with class time. Time commitment is 8 hours per week.

The Requirements:

  • You must be currently enrolled as a Junior, Senior or Master student at the University of Houston in Accounting or MIS disciplines
  • You must be in good academic standing with an overall GPA of 3.25 or higher
  • You must be willing and able to dedicate enough time and energy to help your team meet its goals. Time expectancy is 8 hours per week.
  • You must have a personal computer with an internet connection

Competition Dates:

All participants are required to attend 1 competition kickoff meeting, 1 exam day, and 1 case study kickoff session. Participation in mentoring and work checkpoint dates is optional, and multiple sessions are offered throughout the competition.

ACCOUNTING Kickoff Meetings Options – Accounting students are required to attend ONE of the designated Competition Kickoff Meetings. Once you register, Monica Noriega from our team will contact you to coordinate your schedule for the entire competition.
Tuesday, September 3rd 4:00pm – 5:00pm UCBB 502
Wednesday, September 4th 5:00pm – 6:00pm UCBB 502
Thursday, September 5th 4:00pm – 5:00pm UCBB 502
MIS Kickoff Meetings Options – MIS students are required to attend ONE of the designated Competition Kickoff Meetings. Once you register, Monica Noriega from our team will contact you to coordinate your schedule for the entire competition.
Tuesday, September 3rd 5:00pm – 6:00pm UCBB 506
Wednesday, September 4th 4:00pm – 5:00pm UCBB 506
Thursday, September 5th 5:00pm – 6:00pm UCBB 506
Optional Accounting and MIS Mentoring and Training Checkpoint Dates – Registration and confirmation required.
Saturday, September 14th 9:00am – 11:00am MH 112
Wednesday, September 18th 4:00pm – 6:00pm MH 112
Mandatory Exam Dates – All students are required to attend ONE of the designated exam times.
Wednesday, September 18th 10:00am – 11:00am MH 376
Thursday, September 19th 5:00pm – 6:00pm MH 376
Friday, September 20th 9:00am – 10:00am MH 376
Case Study Kickoff Meeting Options – Students are required to attend ONE of the designated Case Study Kickoff Meetings. Once you register, Monica Noriega will contact you to coordinate your schedule for the entire competition.
Saturday, September 21st 9:00am – 10:30am MH 112
Monday, September 23rd 4:00pm – 5:30pm MH 118
Optional Group Mentoring and Work Checkpoint Dates – Registration and confirmation required.
Friday, September 27th 9:00am – 11:00am MH 376
Wednesday, October 2nd 4:00pm – 6:00pm MH 376
Saturday, October 5th 9:00am – 11:00am MH 112
Presentation and Awards
Tuesday, October 8th Time TBD MH 302

How To Apply:

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