Eberly to Host Junior Achievement Titan Business Challenge

Posted on 3/2/2010 9:37:56 AM

On Thursday, March 11, 2010, the Eberly College of Business and Information Technology will host high school students from Cambria, Somerset, and Indiana counties who will compete in the Junior Achievement Titan Business Challenge.

The first-ever Junior Achievement Titan Business Challenge is a business strategy tournament utilizing the JA Titan program—an on-line business simulation.

Utilizing teamwork, a zest for knowledge, and the drive to win cash, students will compete in the challenge. Traveling to IUP’s Eberly College, these students will receive a taste of what working in corporate America is like.

By using JA’s own high school simulation program, JA Titan, the Titan Business Challenge will put high school students to the test as they manage and operate their own virtual businesses. Set in the year 2035, all the students’ companies manufacture a fictional product known as a Holo-Generator, a hand-held, lightweight device about the size of a portable CD player that is capable of generating 3-D images in the palm of your hand.

As CEOs for the day, these budding entrepreneurs will to handle key decisions on pricing, production, marketing, research and development, and even charitable giving. Working in groups of three, the decisions they make will determine how well their company will do within its industry. By running industry reports throughout the competition, students are able to check their Performance Index and gauge themselves against the other teams.

Competing for the title of Titans of Business, the groups will both practice and strategize within their teams during the competition. They will then take that preparation and apply it to their virtual business. Since Junior Achievement emphasizes an engaging and hands-on approach to learning, the student teams will be matched with business consultants—corporate volunteers—whose job will be to reinforce the concepts and strategies the students had learned before the competition. Business consultants will also be challenged to use their working knowledge and skills if consulted by the student CEOs they were matched with during the competition.

Junior Achievement will present cash prizes of up to $300 to each student on the winning team. Additionally, the top three teams will advance to the Grand Championship Event, held in May 2010 in Pittsburgh. These teams will compete against the top teams from other Titan Business Challenge events.

By participating in the JA Competition, students will become well-equipped with the skills they will need to make headway in the corporate world. This event was structured to inspire, educate, and develop the young minds in Cambria, Indiana, and Somerset counties. The Junior Achievement Titan Business Challenge provides an experience that a traditional classroom cannot duplicate.

For more information choose from the options below:

How to become a JA Titan Competition Sponsor — JA Titan Business Sponsorship Information (PDF)

How to register a high school team from Indiana, Somerset, or Cambria county — JA Titan High School Team Registration (PDF)

To talk with someone on how you can get involved in this one-of-a-kind event, please contact Junior Achievement at 814-266-2125, ext. 197.