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June 2, 2011

St. Francis Students Excel in International Business Competition

Student Teams Place in Top 5 Percent of Competition

Management students at St. Francis College worked their way to the top once again, placing in the top five percent in the online Glo-Bus international business simulation.

The Glo-Bus simulation, run by McGraw Hill/Irwin, is an Internet based simulation of the digital camera industry. The students assume the roles of the chief strategy and operational officers of their camera company. They make a multitude of production, marketing and financial decisions over a simulated ten year period, and are ranked by a number of metrics including; earnings per share, stock price appreciation, return on equity, credit rating, and industry image positioning.

The Glo-Bus competition is a significant requirement for the capstone course taken by senior Management majors. The capstone course was taught during the Spring 2011 semester by management professors; Dr. Vincent Lee, Leonard Jordan and Brian Cornforth. The St. Francis teams competed against 2200 company teams from 137 colleges and universities around the globe. Several of them ranked among the top 100.

Dr. Lee’s AnF Company, composed of Frank Caldarella, Natale Gambino, and Adina Rugovac, and E Company, with members Edward Crespo, Joshua Danowski, Brent Moran, and Shamari Patrick, ranked in the top 100 in both Earnings per share, and Stock price.

Professor Jordan’s Bellum Company, composed of Peter Radziwon, Stefania Penetti, and Piotr Szpyt, excelled in Overall Score and Earnings per share.

Professor Cornforth’s Cash Cow Company, with Vasil Petkov, excelled in Overall Score and Earnings per share. L-Ectronics, managed by Lachezar Blagoev, scored in the top 100 in Earnings per share and Return to Equity. G Company, with Nikola Djuric, scored in Earnings per share.

St. Francis College students have participated in the Glo-Bus simulation for the past several years, with students regularly ranking near the top, even first in some categories.

Attached photo: Dr. Vincent Lee’s student from AnF Company: Natale Gambino, Adina Rugovac, and Frank Caldarella

St. Francis College, founded in 1859 by the Franciscan Brothers of Brooklyn, is located in Brooklyn Heights, N.Y. Since its founding, the College has pursued its Franciscan mission to provide an affordable, high-quality education to students from New York City’s five boroughs and beyond.


St. Francis College, 180 Remsen Street, Brooklyn Heights, NY 11201

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