Global Microfinance Case Competition 2023
The2023 Global Microfinance Case Competitionwas another roaring success, with over 600 participants from 12 universities worldwide, reaffirming our position as one of the largest student-operated case competitions on a global scale. The GMCC committee also conducted workshops and training sessions to support participants, enabling them to deliver high-quality solutions and recommendations for the case.
This year’s case aimed to challenge participants to think creatively and critically about strategies for enhancing the profitability and long-term sustainability of microfinance institutions. The case centred around ‘Unit for Hope Microfinance’ (UFH), a microfinance institution based in Indonesia’s Havan Region. Despite UFH’s twenty-year commitment to supporting lower and middle-income households, operational inefficiencies and post-pandemic outcomes have posed significant challenges for the institution. Participants were challenged to explore holistic improvements to UFH’s internal processes and product offerings, while also devising strategies for reducing the institution’s reliance on legal systems. The overarching goal was to enhance UFH’s profitability and organisational efficiency.
Our aim with this case was to prompt participants to delve deeper into the Indonesian microfinance landscape, offering them a comprehensive understanding of the current situation and potential avenues for enhancing overall efficiency. Furthermore, we encouraged exploration of Indonesia's technological infrastructure and literacy, alongside examining existing industry practices within the Indonesian microfinance sector.
The global finals were successfully held over Zoom, with the following podium positions:
1st Place - Bluestone consulting - Shaheed Sukhdev College of Business Studies
2nd Place - Grill'd Consulting - University of Melbourne
3rd Place- Trade Blazers - Shaheed Sukhdev College of Business Studies
Participating Universities:
University of Dehli
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Gadjah Mada University
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Nanyang Technological University
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Shaheed Sukhdev College of business
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The University of Auckland
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Lady Shri Ram College for Women
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University of New South Wales
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Monash University
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University of Melbourne
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...and others
University of Dehli 〰️ Gadjah Mada University 〰️ Nanyang Technological University 〰️ Shaheed Sukhdev College of business ~ The University of Auckland ~ Lady Shri Ram College for Women ~ University of New South Wales ~ Monash University ~ University of Melbourne ~ ...and others
“We extend our heartfelt gratitude to all the participants who dedicated their efforts to the competition, contributing to its success. We would also like to extend our gratitude to our 2023 sponsors: Bain & Company, RightLane Consulting, L.E.K. Consulting, Kearney, Alter, and Inaam, for their invaluable support, which made this competition possible. We look forward to welcoming both familiar and new faces again next year. ”