KPMG sponsors IBECC - International Business Ethics Case Competition
The Centre for Ethical Leadership (CEL) is once again sending a team of Ormond College students to compete in the International Business Ethics Case Competition (IBECC), being held in Boston, USA from 18-20 April, 2018. IBECC is a business presentation competition with participating teams coming from prestigious USA, Asian and British universities. It is the oldest and most-recognised business ethics competition of its kind,
Business ethics for the next generation of leaders
Ormond College is a residential College of The University of Melbourne. It is home to a vibrant, high-achieving community of 500 students from Australia and abroad. Ormond teams have won divisions of IBECC in each of the past three years that they’ve competed.
A record 16 teams of three students from multidisciplinary backgrounds have entered the 2018 preliminary competition, which will be judged at Ormond mid-March, 2018. The winning team will then go on to compete in Boston.
Participation in IBECC represents a valuable opportunity for students to develop their understanding of ethical frameworks and apply them in a meaningful way while gaining valuable corporate exposure as ‘consultants’ to a global professional services firm.
KPMG sponsors education in ethics
The Centre for Ethical Leadership is delighted KPMG has come on board as corporate sponsor for the first time in 2018. The Centre’s Director believes the KPMG partnership will create valuable opportunities for Ormond students.
“We greatly value KPMG’s sponsorship and the active role they are taking to brief and work with the Ormond students. Focusing on live ethical issues that KPMG sees in its work with businesses both in Australia and globally will make the experience and the learning all the richer for those Ormond students who have put their hand up to take part,” said Peter.
KPMG will provide funding for the students to travel to Boston, coaching from their executives and a real business ethics issue for Ormond teams to solve. This may be an emerging issue which is on the firm’s radar, or a persistent problem in need of a creative solution. In return, each team will provide KPMG with a series of solutions that are both profitable and ethical, and explain the legal, financial and ethical dimensions of the issue.
KPMG’s Management Consulting Partner, Nikki McAllen, said supporting students to learn about how to navigate ethical issues in the business world is important to the firm.
Australians are becoming increasingly conscious of the obligations they have to act on ethically. Indeed, emerging generations of workers globally view ethical behaviour as a fundamental requirement of business leaders impacting employment and investment decisions. At the same time, the challenges facing businesses are becoming more complex and ambiguous. KPMG is committed to operating in an ethical manner and helping build the ethical capacity of Australians. Accordingly, we are delighted to support IBECC and help students gain a better understanding of and navigating through some of the ethical challenges facing the corporate world,” said Nikki.