Global
Final Round
Open for Semi-league`s awarded team
4 Days in Winter | All Star| Guangdong
5 Days in Summer | WYEF | Suzhou
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Automotive Industry
From 2021 to 2030, the total global sales of passenger cars are expected to be around 800 million units, and the sales of electric vehicles are expected to reach 220 million units. The global automotive industry is undergoing a significant transformation.
Entertainment Industry
In 2020, there was a year-on-year increase of up to 24% (nearly 289 million) of new internet video streaming users. The epidemic has led people to exploring options for how to manage boredom, cope with anxiety, and maintain contact with others. The demand for entertainment has risen to an unprecedented level.
Wellness Industry
Demand for health and wellness burgeoned during the epidemic and the health and wellness industry reaped economic dividends of 450 million US dollars within this period.
Education Industry
Performance in the education market is going strong, with the market size expected to increase 430 billion yuan to 600 billion yuan within the next five years. Education is essential for the growth and development of children.
AI & Disruptive Technology
AI is an emerging industry and as of March 2019, there have been 5,386 global artificial intelligence enterprises with a financing scale of 12.6 billion US dollars. Opportunities are waiting to be seized in the AI market.
In the WYEF Global Finals, companies face fiercer competition in a global marketplace as they manage more intensive business operations compared to regional round competitions. Each company will complete a total of 8 business operation rounds (simulating a 2-year period) in which they manage factors such as cultural differences, monetary policy, marketing promotion and financial modelling. Companies will be challenged to develop holistic business management skills by tackling different challenges.
The academic program in WYEF is closely aligned with global hot topics. In addition to international cutting-edge economic themes, it also follows the Sustainable Development Goals. Throughout the simulation, companies will have to complete different tasks in which they stand a chance to win extra capital for their business operations. Companies will have to prepare roadshow presentations according to the given tasks and to communicate their ideas articulately to win over their investors and to secure more capital for their business.
Each company possesses different resources and conducts cross-border transactions with companies from other ‘countries’ to obtain the resources that they need. In addition to negotiation skills, companies also need to consider environmental factors such as fluctuations in exchange rate to maximize their profits.
