Your SlideShare is downloading. ×
0
OnlineBank Management Contest
OnlineBank Management Contest
OnlineBank Management Contest
OnlineBank Management Contest
OnlineBank Management Contest
OnlineBank Management Contest
OnlineBank Management Contest
OnlineBank Management Contest
OnlineBank Management Contest
OnlineBank Management Contest
OnlineBank Management Contest
OnlineBank Management Contest
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Online Bank Management Contest

1,072

Published on

Published in: Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,072
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Presentation of OBMC – Online Bank Management Contest. 1000 BANKS FROM AROUND THE GLOBE WERE ALREADY INVITED TO TAKE PART IN THIS EVENT. APRIL 19 – JULY 28 2010 1
  • 2. Summary. 1. About OBMC • General introduction • Goals (for participants, for banks) • Target audience • Flow of the contest 2. About FirstB@nkSim (online simulation platform) 3. Participation details 4. About organizers • Simarch • TALENTKAPITAL 2
  • 3. 1. About OBMC – Introduction. • During the past 24 months there has been a tremendous shift in many economies. Corporate governance, business strategies and ethics have had to change as a result. • When it comes to the Financial Services Sector, corporate governance, risk management strategies and company objectives have had to change due to demanding expectations, increasing stakeholder demands and growing public attention. • Through the Online Bank Management Contest we aim to prepare young bankers for these changes and to educate them about responsible leadership and risk management. The competition is based on the creation of shareholder value with an appropriate risk-return profile. 3
  • 4. 1. About OBMC – Goals. For participants: For Banks: • To expose young bankers, in • To develop Top Talent; the beginning of their career, to • To improve the adaption of the challenges of risk personnel to the market and management strategies, competitiveness of external corporate governance environments; • To assist them in making • To offer alternative ways and responsible decisions in order to opportunities to learn more about obtain Share Holder Value for banking and the financial services the bank; industry; • To enhance the skills of high • To create opportunities for the potential personnel active in exchange of experience, ideas and Junior Management functions in networking among banking banks and financial institutions; personnel internationally; • To motivate and challenge • To enhance the overall performance young bankers of the bank. 4
  • 5. 1. About OBMC – Target audience. The OBMC is ideally suited for the following profile: • High potentials who have been earmarked by the bank for promotion; • Junior bank personnel on an accelerated development program path; • Bank personnel with a minimum of two years experience in the bank. This is required due to the complexity of the simulation. They need to have a banking background in order to have a fair chance at the competition; • From job functions from all levels of the bank. • English level (intermediate at least) is required, as the championship will be in English. 5
  • 6. 1. About OBMC – Flow of the contest. PHASE ONE • The first phase of the Online Competition commences on Monday, 19 April 2010 and ends on 4 June 2010. During these seven weeks each team will be responsible for running a bank in a “virtual environment”. They will run the bank for one and a half years. Teams will have to decide on their own strategy and have to make decisions with regard to bank management, portfolio mix, funding sources, marketing, branch network. PHASE TWO • The best 5 teams from the phase one will participate in the final of the competition will take place physically in Singapore over a three day period from 26 till 28 July 2010. Competing banks will start with a new set of financials and a new economic environment. No results from the first phase of the competition will be taken into account. Here again all teams will start with the same portfolio of Assets and Liabilities and with the same share price. 6
  • 7. 2. About FirstB@nkSim. • What makes this OBMC so unique is the use of our Online Simulation FirstB@nksim.The simulation is set up in a virtual banking environment with economic indicators, regulations, monetary policies, industry and competition. The entire simulation is set up as close to reality as possible. • An entire banking module has been designed with different economic scenarios for each quarter and real competition. There are also four major E-Learning Modules built into this Online Simulation. These modules help participants along the way with theory on relevant topics and banking examples. • The simulation allows young bankers to actually run their own virtual bank. Participants have to do everything in their power to gain as much profit for the bank as possible resulting eventually in Share Holder Value Creation. Along the way we bring in some challenges. Competition is included in the simulation where teams compete against each other as it is in the real world. 7
  • 8. Business Simulation – definition. Business simulation is one of the most effective training technologies, developed on “learning by doing” concept, which ensures 75% retention rate of knowledge and skills of the program’s participants. Business simulations create real life business situations without experiencing financial consequences of mistakes and miss-strategies. On the other hand, participants have a unique opportunity to try, fail, try again, succeed and learn. 8
  • 9. 3. Participation details. Registration fees: • Registration Fees for participation in the OBMC amounts to EUR 1,800 per team (EUR 450 per team member) or USD 2,700 per team (USD 675 per team member). *if more than 2 teams will participate from one bank discounts of 15 and 20% will be offered • An invoice will be sent upon receipt of a completed registration form. Fees can be paid by electronic transfer or by credit card through our secure payment portal. Please note, payment must be received prior to the start of the OBMC. Important Timelines: Registration period: 1st of December 2009 – 1st of March 2010 Championship run: 19th of April 2010 – 28th of July 2010 9
  • 10. 4. About organizers – Simarch NV. • SimArch NV was founded in 1999 in Belgium by CEO Ziegfried Vermaak. We are an international full-service provider of education within the Financial Services Sector. • We offer a wide range of products and services to our clients across different levels in the organisation. Our products and services include consulting, workshops, online simulations, online business games and online competitions. By utilizing the latest technology we continue to anticipate, innovate and develop to provide quality learning solutions within the Financial Services Sector. • Our Client Portfolio includes clients in over 40 countries following target next groups: Commercial Banks; Central Banks/Development Banks; Regulatory Authorities; Consulting Companies; Microfinance Institutions; Leasing Companies/ Financial Institutions; Universities and Business Schools; Bank Training Associates. 10
  • 11. 4. About organizers – TALENTKAPITAL. Methodologies and training programs that TALENTKAPITAL designs are based on practical instruments and platforms that develop the necessary set of knowledge, skills and competencies for the 21st century. TALENTKAPITAL is a leader on the Ukraine’s market of practical and accelerated learning. The technologies that we use in our programs are: - Business - simulation - Business - cases - Business - games TALENTKAPITAL has experience in working and delivering educational programs on Ukrainian, Moldavian, Romanian, Russian and Lithuanian market. 11
  • 12. Business simulations in Ukraine. TALENTKAPITAL is strategic partner and the official provider for Eastern Europe of the following global simulations developers: Cesim (www.cesim.com) and SimArch (www.simarch.com). TALENTKAPITAL provides Ukrainian market with the following simulations: General Management, Banking, Marketing, Service, Project Management and Telecom. 12

×