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BUSINESS SIMULATION

A Team from the Department of Physics wins the Westenergie Manager Cup

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Winners of the Manager Cup © Westenergie
Prof. Andreas Hoffjan (l.) and Prof. Achim Schröder (r.) congratulate the winning team (from left): Arne Poggenpohl, Martin Schönfeld, Frederik Rennebaum and Maximilian Büchel.

This year, the traditional business simulation of the Chair of Management Accounting and Controlling at TU Dortmund University took place for the first time as the "Westenergie Manager Cup". Under the motto "Think like a boss!", a total of 360 students from the TU Dortmund, the University of Applied Sciences (FH) Dortmund and the International School of Management (ISM) took part in 94 teams. In the role of board members of a listed company, the participants* made decisions from the perspective of company management in the areas of sales, purchasing, production, marketing and research and development. The students thus developed a feeling for how complex markets function and what consequences result from their operational decisions. At the final on 24 June, a team from the Department of Physics at TU Dortmund University won the game.

© Oliver Schaper​​/​​TU Dortmund
Kick-off event of the Westenergie Manager Cup in the lecture hall of the TU Dortmund.

This year's "Westenergie Manager Cup" was opened by Prof. Achim Schröder, Chief Financial Officer of Westenergie, together with Prof. Andreas Hoffjan, Professor of Corporate Accounting and Controlling at TU Dortmund University, on 9 May. For the competition for the highest share price, the current cloud version of the TOPSIM planning game was used, which offers comprehensive company data as well as the possibility to analyse one's own company and the competition in detail. In the main round, a total of 360 students in 94 teams from the three Dortmund universities (ISM, FH and TU Dortmund) from various disciplines competed for one of the ten final tickets. The teams were divided into ten regions that qualified for the final over four periods.

The best teams from the ten regions of the main round took part in the finals of the business game on 23 and 24 June at Westenergie's headquarters in Essen. The two-day block event was accompanied by a social programme, where the finalists had the opportunity to talk to the Chief Financial Officer and other Westenergie employees over lunch.

TU physics students win 1,000 euros prize money

At the end of the two-month business game competition and after a total of 10,926 individual decisions, the best young entrepreneurs were determined: the "MAMpF-Inc." team from the physics department at TU Dortmund University won the final. By focusing on central decisions and coordinated timing, the team achieved victory in the final phase and was pleased to receive a prize of 1,000 euros. In addition, prize money totalling 2,000 euros was distributed to the other nine teams according to their rankings.

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