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Ottawa students win the CA-Sprott Business Competition

Students excel in highest level of entrepreneurial simulation

A team from Ottawa’s South Carleton High School won the most challenging category in the re-launched CA-Sprott Business Competition (CA-SBC). On June 14, Caitlin Rogers, Matt Robinson and Tanner McBurney joined other individual and team winners at the Institute of Chartered Accountants of Ontario in Toronto to collect the $3,000 in prizes they earned by coming out on top in the popular online business simulation. Just under 7,000 students from across Ontario took part in the CA-SBC, which ran between February and the finals in May.

Developed by Carleton University’s Sprott School of Business and sponsored by the Ontario CA Institute, the CA-Sprott Business Competition (CA-SBC) pits high school students against one another as they experience the joys and challenges of running their own company, all while competing for cash prizes. Players make decisions relating to marketing, accounting, sales and more, while guiding their web-based virtual companies to glorious success or ignominious failure. The CA-SBC also provides high school business teachers with an innovative, hands-on teaching tool for their classrooms.

“The Sprott Business Competition is a free, entertaining and engaging way for students to test business theory in practice and make their classes more fun,” said Dr. Jerry Tomberlin, Dean, Sprott School of Business. “This year’s competitors were dedicated and creative. We can expect to see many of these potential entrepreneurs entering the ranks of business in the near future and doing very well for themselves and our communities.”

This year’s prizewinners are:

Classic (introductory)

Xtreme (advanced)

“The Institute of Chartered Accountants of Ontario is proud to support the CA-Sprott Business Competition because it helps educate young people about entrepreneurship, the life blood of our economy,” said Rod Barr, FCA, President and CEO of the Institute. “This year’s winners and the other participants also learned something important that many students don’t know – business and competition are fun. CAs and other successful business professionals don’t just go to work to earn a paycheque; they go because they relish the challenge of solving problems and building dynamic organizations.”

To learn more about the CA-Sprott Business Competition, visit sprottbusinesscompetition.ca.

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About the Institute of Chartered Accountants of Ontario

The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario’s 33,000 Chartered Accountants and 5,000 CA students. Since 1879, the Institute has protected the public interest through the CA profession’s internationally recognized standards of qualification and the enforcement of its rules of professional conduct. Ontario CAs contribute greatly to international and domestic investor confidence in the soundness of the Ontario and Canadian economies. The Institute’s website is: www.icao.on.ca and the student website is www.guidetorulingtheworld.ca.

About the Sprott School of Business:

Carleton University’s Sprott School of Business is the business school of choice for students, employers, business and community members interested in exploring complex business issues. Our innovative programs, interdisciplinary research, collaborative partnerships and outreach are aligned to contribute to, influence and lead business and society by: providing our students with the knowledge to compete; pushing the frontiers of business knowledge; promoting intra-and entrepreneurship; adding value to society and seeking a future that is both ethical and prosperous. We align our teaching, research and partnerships along three core strengths: international focus, innovation and responsible management.

For more information, please contact:

Perry Jensen
Director of Media Relations, The Institute of Chartered Accountants of Ontario
416-969-4271 or 1-800-387-0735 ext. 271
pjensen@icao.on.ca

Robin Dunbar
SBC Program Administrator, Sprott School of Business, Carleton University
613-520-7565
robin_dunbar@carleton.ca

Kimberley Swartz
Media and External Relations Officer, Sprott School of Business, Carleton University
613-520-2600 ext. 1573
kimberley_swartz@carleton.ca