FBIT students participate in LIVE Competition

Two teams consisting of Commerce students from the University of Ontario Institute of Technology’s (UOIT) Faculty of Business and Information Technology (FBIT) took fourth and sixth place at the LIVE competition held at the Renaissance Toronto Downtown Hotel last fall.

The event included an intense, multi-disciplinary business competition called the LIVE Curriculum. This year’s curriculum required the teams to take on a director’s role in the pre-production, production and post-production of a Hollywood movie. The teams had to use their finance, accounting, marketing and legal business knowledge to present to and negotiate with other teams while dealing with multiple cases at once.

“Competing at LIVE 2013 was one of the most intense simulations I have experienced, said Shannon Sawitz, a fourth-year UOIT Accounting student. “The curriculum is integrative and requires you to trust your team, and utilize business knowledge from all disciplines. LIVE proved that UOIT’s Commerce program gives you the key skills required to be successful in any business scenario, not matter what major you choose.

Four teams from UOIT participated in the 2013 LIVE Competition. Team Aries (Shannon Sawitz, Jacob Sharp, Alyssa Fry, Richard Morton and Connor Jelly) finished in fourth place, while Team Hydra (Rohan Christachari, Justin Linton, Stefan Lucas, Jonathan Mayers, and Mohammed Soleman) placed sixth. In addition, Team Aries placed first and Team Hydra placed second in the Accounting segment of the competition. Team Hydra also placed fifth in the Finance segment.

Thirty teams from across Canada participated in the competition. The delegates experienced the ultimate business challenge by being given the unique opportunity to face future executive decisions today. The competition included intricate factors uniting the areas of finance, marketing, accounting, human resources and economics, on which the competitors based their decisions.