Deadline: 11 February 2011 at 9.00am UT time
Open to: undergraduate and Graduate students under 26 years
Prize: 1st: 9000EUR, 2nd: 3000EUR, 3rd: 1500EUR
BNP Paribas is organising BNP Paribas ACE MANAGER (hereinafter “ACE MANAGER” or the “Competition”) for the third year running. The Competition is based on an interactive economic simulation of the bank’s activities linked to the tennis economy.
Participants will be grouped together into teams and will operate in a competitive environment and will have to resolve different case studies, given that the appropriateness of their decisions will enable them to accumulate points ( “Aces”). The aim of the Competition is to obtain a maximum number of Aces to ensure that one’s team qualifies for the international final which will take place on 15 April 2011 in Paris and during which the 5 finalist Teams will be given their final ranking.
The competition will ill take place in 3 stages:
• Stage 1: Registrations (25 October 2010 at 9.00am CUT time – 11 February 2011 at 9.00am UT time)
• Stage 2: Competition (15 February 2011 at 9.00am CUT time – 15 March 2011 at 9.00am UT time)
• Stage 3: Final in Paris (15 April 2011)
Eligibility
The Competition is reserved for Undergraduate and Graduate students (1st, 2nd, 3rd and subsequent years) enrolled in a school of higher education or a university and under 26 years of age on the day they register into the competition.
Application
Registration procedure
This registration procedure is accessible from the Website’s home page.
Each student may only register for the Competition once.
Teams
After identification, the Participant will be asked to create or join a Team. This must consist of three Participants in order to compete in the second stage of the Competition, the competition phase.
Participants wishing to create a Team may do so by activating the “Create a team” button designed specifically for this purpose.
A team must consist of 3 players. In order to complete their teams, Participants can use the Website’s search engine to find available players and invite them to join their team.
Any incomplete team, consisting of less than 3 players at the end of the registration period will automatically be dissolved.
Competition
At the start of the Competition, each Qualified Team will benefit from the same starting capital of 100,000 Aces, which is the legal tender in Universe City.
The teams receive a bonus of 500 Aces (added to the starting capital) if at least two members of the Team who have registered for the Competition are students of different nationalities. Each team can only receive this 500 Ace bonus once.
During the competition phase, the Qualified Teams will be given 18 case studies to be resolved representing the Organising Company’s three fields of activity: Corporate and Investment Banking, Investment Solutions and Retail Banking.
During the competition phase, and separate from the point awarding system, other factors may enable the Qualified Teams’ Participants to obtain information and trophies, on the understanding that the latter will have no effect on the total score in Aces that alone determines the final ranking of the competition phase.
At the end of the competition phase, there will a general ranking of the Qualified Teams according to the number of Aces obtained by them. This ranking will be in decreasing order of Scores, from the highest to the lowest.
The 5 Qualified Teams with the highest Scores will qualify for the Final, which will take place on 15 April 2011 in Paris, and will become the Finalist Teams.
Prizes
– 1st: €3,000 for each member of the Finalist Team (i.e. €9,000 for a Team composed of three members) and one ticket (average value of €100) per member of the Finalist Team for a tennis match in one of the Tournaments.
– 2nd: €1,000 per member of the Finalist Team (i.e. €3,000 for a Team composed of three members) and one ticket (average value of €100) per member of the Finalist Team for a tennis match in one of the Tournaments.
– 3rd: €500 per member of the Finalist Team (i.e. €1,500 for a team composed of three members) and one ticket (average value of €100) per member of the Finalist Team for a tennis match in one of the Tournaments.
– 4th: one ticket (average value of €100) per member of the Finalist Team for a tennis match in one of the Tournaments.
– 5th: one ticket (average value of €100) per member of the Finalist Team for a tennis match in one of the Tournaments.