HSE Students on the Winning Team in McKinsey Business Diving Competition
Andrei Chiginev, Evgenia Deusheva, Mark Shchetinin and Dmitry Garbuzov
McKinsey Business Diving is one of the biggest business case solving competitions in Russia. This year it had 2700 student entries from 181 HEIs across the country. HSE students Evgenia Deusheva and Mark Shchetinin were on the winning team.
The students spent a month solving a business case - they created a strategy to launch a budget airline from the major international company AirFrance-KLM.
This year the participants were given special training before the competition. A course in St Petersburg taught team-work skills and leading Moscow HEIs held specialist lectures on the banking sector, air and space transport, smart city technology and retail trading. At each stage, the participants went to classes that, besides providing new knowledge, helped them make the work in the case championship as close to a real business project as possible.
Seven teams from different Russian cities and universities got through to the final. The final presentations were assessed by AirFrance KLM’s commercial director for Russia and the CIS, Simon Skholte and McKinsey experts and partners. The strongest case was presented by the CaseFlow team — HSE students Evgenia Deusheva, fourth-year student of the bachelor's programme 'Advertising and Public Relations' and Mark Shchetinin, first-year student of the master's programme 'Corporate Finance' and Bauman Technical University students Dmitry Garbuzov and Andrei Chiginev. The jury remarked on the high standard of their preparation and qualified approach to solving the business case. The winners won certificates from the travel company and were invited for interviews with McKinsey, bypassing the usually compulsory entry test.
Evgenia and Mark have taken part in several contests like this ( the Google Business Case Competition and TIMES, for example) and have been very successful.
‘I first heard about Business Diving a year ago,’ explains Evgenia Deusheva, ‘but I didn’t think I’d enter the championship as it requires massive input and I was doubtful that I had the time for it. We worked two to three hours a day and all of our weekends on the case for a month, and I don’t regret it. It showed me the kind of skills and knowledge I need to get a job in consulting and what I need to study more. Our case was like a real one, we had a real life client with realistic problems, and significant legal and financial limitations. So it was a genuinely useful learning experience.’
HSE University has maintained its leading position in the ranking compiled by the Russian Council for International Affairs. The ranking evaluated the websites of 65 Russian universities. HSE was awarded 104 points out of 108, increasing its position by 11 points on last year. HSE's closest rival ranked a further 17 points behind, which is a larger gap than previously.
The HSE’s business incubator was recognized by the Internet Initiatives Development Fund (IIDF) as Incubator of the Year in the first youth internet entrepreneurship forum.
The Russian Tap-Dance Championships are part of the XIII World Dance Olympiad. HSE tap dancers are always among the winners, but this year’s haul was particularly rich.
Graduates of the joint FIFA/CIES – HSE programme in Sports Management have won the FIFA/CIES Network Prize for 2016 for their 360º Academy project. The winners were awarded their prize by Gianni Infantino.
Three HSE students of the educational programme in Asian and African Studies became winners of the 10th Interuniversity Olympiad in Arabic language.
A team from HSE has made it to the Regional Finals of the CFA Institute Research Challenge 2015/2016, recently held in Chicago. The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis.
The HSE’s Sona Hovsepyan Dance Company has won the grand prize at the Klyuchi (Keys) experimental dance festival, also taking home a cash prize and the right to perform and premier an original show at the 2017 festival.
Second year Software Engineering students Anton Kondrashov and Alexander Lazarenko have taken first place in the Robot Battle hackathon organized by Yandex. Participants had to write a bot for any popular messaging service, that could quickly and easily solve users’ payment problems.