KPMG is set to host its annual global student competition, the International Case Competition, for the first time in Asia. Around 100 students from all over the world will take part in the three day event, held in Hong Kong, from April 18-20.
Twenty four teams, each comprising four participants, have been shortlisted from over 6,000 global participants. The students took part in, and won national competitions in their respective countries and will now represent their home jurisdictions and compete to become the global winners of the competition.
Melissa Wu, Head of People, Performance and Culture, KPMG China, says: "At KPMG, we believe early exposure to global business is essential for students in this rapidly globalizing business environment. The KICC competition is a unique way for us to help students develop a global mindset. We test their ability to analyse current issues that affect global corporations. Students are therefore challenged to think outside of their country borders and more from an international perspective."
"KPMG is proud to provide this unique opportunity for students to learn by simulating complex, real-world business issues," stated Iain McLaughlin, KPMG's Head of Global Resourcing. "Holding the event in Asia for the first time represents the importance this region is playing in the world economy. We're delighted that we have been able to bring students to Hong Kong this year, and look forward to this being the most exciting event yet."
Two teams will represent China, one from the University of Hong Kong and the other from Sun Yat-Sen University.
Each team will be provided with case studies based on realistic business scenarios, they will review and identify key issues; analyze and develop a compelling set of recommendations; and present to a panel of judges comprised of 19 senior KPMG member firm partners. The winning team will be announced on April 20.
Melissa Wu said: "As a global organisation, KPMG continues to focus on identifying and recruiting the best talent globally. Together with the Global Internship Program, these are both key graduate programs that help to demonstrate KPMG's global presence and reach. In addition, many of our employees are able to work in overseas locations and gain international experience."
KPMG recruited over 20,000 graduates globally last year, almost 6,000 of which were in Asia, and announced ambitious growth plans in 2011 to recruit 250,000 people over 5 years.
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KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 150 countries and have 138,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
KPMG China has 13 offices (including KPMG Advisory (China) Limited) in Beijing, Shanghai, Shenyang, Nanjing, Hangzhou, Fuzhou, Xiamen, Qingdao, Guangzhou, Shenzhen, Chengdu, Hong Kong and Macau, with around 9,000 professionals.