Asia MOOT CORP® and The MOOT CORP® in Texas at Austin
Asia MOOT CORP® is the premier intercollegiate business plan competition in the Asia Pacific region, in which Waseda University Business School has participated since 2001 as the only Japanese business school.
The aim of Asia MOOT CORP® is to:
- to provide students with the skills to successfully launch new businesses and companies
- build entrepreneurship curricula for business education
- generate teaching tools and methodologies, and
- expand the role and scope of entrepreneurial studies both in the region and internationally
There are significant benefits for universities, in particular business schools, to participate in the MOOT CORP® challenge. For the new era. the best MBA programs infuse entrepreneurship throughout their core curricula and recognize that entrepreneurship should become a major focus of business education.
Indeed, Waseda business school is only the Japanese business school pursuing this direction explicitly. Entrepreneurship courses in general and business plan courses in particular now demonstrate the quintessential process for integrating the MBA experience. As a result, the best business schools have a teaching and learning methodology integrating functional knowledge and performing in-depth analyses, to give wings to their entrepreneurial dreams.
The competition had been hosted by the Chinese University of Hong Kong between 1998 and 2001. The University of Hawaii took over the role of host from 2002 through 2004. For the next 4 consecutive years, Thammasat University and Chulaongkorn University will organize the competiong in Bangkok. Approximately 20 teams from top business schools representing China, Hong Kong, India, Japan, Korea, Singapore, Philippines, Taiwan and Thailand will participate.
The Asia MOOT CORP® champion joins one of 30 other teams from around the globe to compete in front of "investors" at the MOOT CORP, the global competition at the University of Texas at Austin in May. The MOOT CORP® competition, originated by the Graduate School of Business at the University of Texas at Austin in 1984, is the first and longest operating inter-business school new venture competition in the world with the top prize being $160,000.
The prestige of the competition has been recognized by major business magazines in the U.S. Business Week has crowned MOOT CORP as the "Superbowl" of business plan competitions and Success Magazine recognized the competition as the "Mother of all Business Plan Competitions."
Asia MOOT CORP http://www.asiamootcorp.org/