“Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston Churchill
The 2017 MikesBikes World Championship has finished with a bang! Team Exodus from The University of Auckland has secured the top position as 2017’s MikesBikes Champs and have joined the MikesBikes Wall of Champions. Team GOFAST, also from The University of Auckland, came in close second with an impressive performance! These top two teams certainly had the will to succeed and win the competition.
These two teams were neck-and-neck in the last few rounds of the competition battling for first place. Both teams constantly putting pressure on each other to adapt to their market and make growth-orientated decisions.
Our MikesBikes World Champs winning team, Exodus had the following to say:
Our experience with the simulation has been unimaginable. We are glad that we have done the simulation, most especially since none of us have worked in the business industry. By doing the course competition at the University of Auckland, and entering the 2017 MikesBikes World Championship, we learnt so many new things. Such as, how to wisely allocate our marketing budget, how to turn a significant investment in project development into something more profitable in the long run, how to calculate the cause and effect between the decision of repurchasing shares and dividend, and many more. Nevertheless, as much as we are honoured to be called the winner of the 2017 MikesBikes World Championship, let us restate the fact that we are far from perfect. There are many things that we’ve done, which can be further improved. We hope that newcomers will aim to enter the next MikesBikes World Champs and to stand beside us, and the rest of the winners.
A huge congratulations to all the teams who have participated in the 2017 MikesBikes World Champs!
Here are the Final Round’s Rollover Results:
Position |
Firm |
SHV |
Team Members |
Institution |
1 |
Exodus | $327.81 | Siyi Tang | William Setiawan | Jiedong Chen | Jayca Y. Siddayao | Mingchang Liang | Robbi A. Harnass | University of Auckland |
2 |
GOFAST | $313.41 | Harriet Zhang | Golf Tantulaphongse | Xu Wang | University of Auckland |
3 |
Infinity | $152.80 | Sunil Ravindran | Thi Thu Vu | Manfei Cheng | Zhaonan Liu | University of Auckland |
4 |
Pedal to the Medal | $88.06 | Peter Bojsza | Drexel University |
5 |
Scooty Puff Legends | $86.79 | Jamison stewart | Zachary Khan | Nathan Jarrad | Linn Benton Community College |
6 |
Square Tires | $2.80 | Chris Mitchell | Nick Dawson | Darrell Davis | Indiana University Southeast |
7 |
Apex Bikes Co. | $0.01 | Zachary Abel | Des Moines Area Community College |
8 |
K2K | $0.01 | Kimberly Dowe | Linn Benton Community College |
9 |
SB Corp. | $0.01 | Kaushik Shah | Midwestern State University |
10 |
Van der Zwan AJ Inc. | $0.01 | AJ van der Zwan | Ithaca College |
You can view the current and past winners here.