A New Zealand-based teamâ€¯has been announced as the winner of the eighthâ€¯annual Chartered Institute of Building (CIOB) Global Student Challenge competition, after facing a fiercely competitive international field.
It is a first-time win for ‘Wonders’, the team of four final-year students studying for a Bachelor of Construction degree at Massey University’s School of Built Environment in Auckland, New Zealand.
The contest pits teams of construction students against each other in running their virtual construction business, with the winning team getting £2,000 in prize money.
More than 35 international teams entered this year’s competition before the top six best performing competitors were chosen to go through to the final.â€¯
The otherâ€¯finalists were:
- Harsa Bayanaka – University of Indonesia Â
- CQUNB – Chongqing University
- Greenwich Construction – University of Greenwich Â
- Eco Advance – Taylor’s University Â
- Welly Construction – Wellington Institute of Technology
CIOB President Mike Foy said:â€¯"This is a challenge not for the faint hearted. Our competition has pushed the competitors’ strategic, financial and management skills to the limit. As students, they will now have a greater sense of what it’s like to work in a construction company making high level decisions. I have no doubt that all our finalists will be able to reach that level when they leave university."â€¯
CIOB’s annual Global Student Challenge, which is open to full time students, is a test of construction industry know-how, taking place in stages overâ€¯a number ofâ€¯months. The competition provides a realistic simulation where teams, made up ofâ€¯three or four people, act as a board of directors running their own company.â€¯
Teams from universities all over the world entered the 2021â€¯competition,â€¯and normallyâ€¯the six teams scoring the most in the earlyâ€¯stagesâ€¯would beâ€¯invited to the finals, heldâ€¯as part of CIOB’s annual Member’s Forum, which was a virtual event thisâ€¯year.
Entry for the 2022â€¯challenge will open later this year. More information about the Global Student Challenge can be found here.Â
Image: The contest pits teams of construction students against each other in running their virtual construction business (SevenStorm Juhaszimrus/Pexels)