Media Releases

Rotman problem solving challenge offers scholarships to MBA applicants

January 26, 2015

TORONTO, ON – A full tuition scholarship to the Rotman Full Time MBA program is one of the prizes available in the third annual Rotman Problem Solving Challenge to be held at the University of Toronto’s Rotman School of Management.

The Challenge provides an opportunity for prospective and incoming students in the Rotman Full Time MBA program to solve a real-world unstructured problem using the School’s model-based approach to problem solving. The first place finisher wins a full tuition scholarship valued at $90,000 with additional individual and team-based prizes.

“We’ve been amazed by the response and participation in our first two challenges which attracted students from a wide range of academic background and professions,” says Leigh Gauthier, Acting Director, Recruitment & Admissions, Rotman Full Time MBA. “Past competitors have found the experience a great opportunity to meet their future classmates as well as other members of the Rotman School community.”

The Challenge has three rounds. In the first round, which has a deadline of February 6, applicants will be asked to provide a written submission, of no more than 1,000 words, to the following question.

Wearable electronics is poised to grow from a $14 billion market in 2014 to $70 billion in 2024. It is expected that the entertainment, health, fitness, retail, and technology sectors will drive the majority of this growth. Relatively little attention is being given to the potential opportunities created by wearable technology in the education sector. How could wearable technology change education? Are there opportunities to create value with wearables in the education space?

For the second round, applicants with a submission ranked in the top 100 will be asked to present via Skype to a panel.

For the final round, a select group of participants will be invited to the Problem Solving Challenge weekend to be held at the Rotman School in Toronto on March 27 & 28. Participants will be assigned to an “executive team” to present their findings to senior representatives from the School as well as industry.

Those who are interested in participating who have not yet submitted applications to Rotman are required to verify their eligibility by providing a resume and GMAT score, if they’ve written the exam, along with along with their initial submission for the competition. The challenge is not open to students currently enrolled in a Rotman MBA program.

Complete details, including registration, are online.

The Rotman School of Management is located in the heart of Canada’s commercial and cultural capital and is part of the University of Toronto, one of the world’s top 20 research universities. The Rotman School fosters a new way to think that enables our graduates to tackle today’s global business challenges.  For more information, visit www.rotman.utoronto.ca.

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For more information:

Ken McGuffin
Manager, Media Relations
Rotman School of Management
University of Toronto
Voice 416.946.3818
E-mail mcguffin@rotman.utoronto.ca
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