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
Fol­low Rot­man on Twit­ter @rotmanschool
Watch Rot­man on You Tube www.youtube.com/rotmanschool