ABOUT THE COMPETITION
The Global Microfinance Case Competition (GMCC) is an annual event that provides a platform for students to apply the academic knowledge and critical thinking skills that have been accumulated throughout their degree, to a real-life development problem. The Case Competition challenges students to develop innovative solutions to pressing issues faced by Microfinance providers globally.
Most importantly, the GMCC combines the popular case competition model with socially minded intervention strategies, social impact a key criterion for participants to consider in their recommendations.
In 2016, students were faced with the task of evaluating which area(s) of the Philippines, JVOFI, a microfinance institution based in the Northen Luzon region of the Philippines, should expand into, as well as providing recommendations on how JVOFI could improve its services and operations in general.
Over 500 students from universities across Australia and New Zealand participated in the GMCC in 2016, with Monash SEED collaborating with:
- Melbourne Microfinance Initiative (University of Melbourne)
- UNSW Microfinance Consulting Group (University of New South Wales)
- Auckland Microfinance Initiative (University of Auckland); and
- ANU Financial Society (Australian National University).
The competition consists of multiple stages which sees successful applicants proceed through to the Monash University Finals where they must present their recommendations to an expert judging panel including academics, social entrepreneurs and industry practitioners.
The 2016 GMCC Monash University Heats and Campus Finals were held on the 15th of August. Six high quality Monash teams presented their evaluations and recommendations for JVOFI. Each team presented to a panel of three to four judges. Three teams were selected for the Campus Finals, with the winning team progressing to the GMCC Grand Final held on the 17th of August.
During the 2016 Campus Heats/Finals, students also gained an opportunity to hear Daniel Madhavan speak about the foundations of Impact Investing. The primarily student-audience were also fortunate enough to be given inside advice on what makes a strong graduate program application. The event was successful in connecting individuals who share an interest in creating positive social change.
Congratulations to KAIN Advisory, who were chosen to represent Monash University at the International Final. The four team members, Kevin Duan, Alyssa Nguyen, Irene Hung & Nathan Kah, were strong competitors with their efforts earning them a chance to network with industry professionals at the Corporate Day, an event sponsored by NAB and A.T.Kearney.
Monash SEED would like to thank all involved in 2016’s Monash Heats and Finals. Special thank you to our panel of judges, namely:
- Simon Angus
- Lasanthi Bandara
- Tim Brosnan
- Jessica Carter
- Daniel Cogan
- Daniel Madhavan
- Pushkar Maitra
- Nick Scarborough
- Oscar Trevarthen
- Narelle Warren