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Student Events - Global Titan Challenge

Youth From Around the World Face Off in Final Round of Global Entrepreneurship Challenge

Global JA Titan Challenge finale took place live in Wilmington, Delaware where top honors went to Tax & Xray from China

JA Worldwide®, in partnership with MasterCard, presented the final round of the Global JA Titan Challenge live in Wilmington, Del. from Aug. 6-9, 2012. First prize went to Team Tax & Xray from China.

The Global Titan Challenge is based on JA Titan®, an online program that allows teams of high school and university students from around the world to act as chief executive officers and run a business in a virtual environment that mimics real-world conditions. Teams are prompted to make decisions that affect the profitability and sustainability of their virtual company and attempt to outperform their competitors in profit, sales and market share. By exercising critical fiscal and managerial decision-making, students get first-hand experience in the challenges of operating a successful global business.

Students participating in the 2012 Global JA Titan Challenge in Wilmington, Del. take a break from the competition to pose for a picture.

A group of students from the Global JA Titan Competition gets to do some sightseeing in nearby Philadelphia.

JA and Mastercard representatives pause for a picture at the Global JA Titan Challenge awards dinner at JA World in Wilmington, Delaware. Included are John Levitsky, Account Leader, MasterCard Worldwide; Rob Eppes, President, Junior Achievement of Delaware; Sean Rush, President and CEO of JA Worldwide; Carolyn Bassett, Sr. Director of Student Events, JA Worldwide; and Monica Chavez, Vice President, MasterCard Worldwide.

"The Global Titan Challenge is an outstanding opportunity for youth to prepare for competition in a global economy," said Sean Rush, president and chief executive officer of JA Worldwide. "This was a great year for the competition, and MasterCard's commitment to entrepreneurship and financial inclusion has been a true asset throughout this partnership."

To reach the final round, teams had to rank in the top three among teams from their region during two earlier rounds. Each round required teams to make decisions about price, production levels, marketing and research, capital investments and budgeting, all of which influenced the hypothetical company's performance index.

"We are excited to be a part of this year's Global JA Titan Challenge once again," said Patricia Devereux, group head, Corporate Philanthropy & Citizenship at MasterCard Worldwide. "This event brings classroom lessons to life, putting students in the CEO's seat and making decisions that drive performance and profitability. By simulating real-life entrepreneurial experiences, students are developing skills that position them for success in the future."

Team Tax & Xray from China beat out competitors from four other global regions (the Americas, Europe, Asia/Pacific and the United States) to take this year's top honors.

Placement	Prize (U.S. $)	Region	Country	Team Name
First	$3,000	Asia Pacific	China	Tax and X-Ray
Second	$2,000	JA USA	United States	YMCA - Junior Achievement
Third	$1,000	JA-YE Europe	Poland	Gang Misia Haribo
Fourth	$500	JA-YE Europe	Russia	Lucky
Fifth	$250	Americas	Canada	Radar