The race to the Global Finals of the Maybank GO Ahead. Challenge (MGAC) 2016 began on Monday, as Vietnam hosted its National Level. The best candidates from the full-day session will reserve a spot at the Global Finals in Kuala Lumpur, Malaysia, in August, where they will face challengers from 14 countries around the world.
MGAC continues to attract the best talents from top institutions of higher learning globally with over 36,000 applications from over 100 nationalities received this year. This represents a 50 percent increase from the 2015 Challenge and 36 times higher than the inaugural event in 2012 which garnered 1,000 applications. This year saw more than 470 applications from Vietnam alone, a tremendous increase in applications compared to the 170 from last year.
Forty Challengers from various universities across Vietnam with different academic backgrounds were shortlisted for the Vietnam National Level at the Duxton Hotel Saigon in District 1. Throughout the day, the Challengers will face off against each other in a series of tasks designed to test their strategic thinking, tactical planning, and quick reactions, all the while adding their business insights to the challenges presented and also keeping in mind that they are competing for the highly-sought Global Finals spots.
Following a day full of excitement, two best challengers, Pham Thien Phu from The Royal Melbourne Institute of Technology (RMIT) and Dinh Pham Quyh Mai from Foreign Trade University were shortlisted to join 58 other Candidates at the Global Finals. At stake is a prize fund of $71,000 USD, as well as the chance to join the prestigious Global Maybank Apprentice Programme - the multi-national mentorship designed to nurture Maybank’s future leaders.
The Maybank GO Ahead. Challenge, which is now in its fifth year, is the first student competition in the region that challenges participants in both financial and non-financial disciplines. This year’s challenge hashtag #UnexpectTheExpected, promises a series of thought-provoking and high adrenalin activities throughout the competition. A key differentiator of the activities is the case design, which is different from the conventional financial case studies-theme. Participants are exposed to real-life pressures and expectations of regional/global organisations.
The last leg of MGAC is the Global Finals which will be held in Kuala Lumpur in August. It will see 60 Finalists from Malaysia, Singapore, Indonesia, Philippines, Thailand, Myanmar, Cambodia, Vietnam, Laos, Brunei, China, Hong Kong, United Kingdom, and the United States of America facing off against each other for a range of prizes. Up for grabs is a cash prize of USD40,000 for the winning team; USD20,000 for the second place; and USD10,000 for the third place winner. The Global Champion (individual category) will win USD 1,000 and a 2-week internship experience at any Maybank office in the world. Offering more than just cash rewards, all Global Finalists will also earn a chance to join the highly-coveted Global Maybank Apprentice Programme (GMAP) where they can build a career in the Banking and Finance industry.
To find out more about the Maybank GO Ahead. Challenge 2016, the Global Maybank Apprentice Programme, and this year’s challengers, visit www.goaheadchallenge.com
About the Global Maybank Apprentice Programme
The Global Maybank Apprentice Programme is an exclusive two-year programme where Apprentices will be given a holistic learning experience with customized on-the-job rotations and even international assignments to allow them to be familiarized with Maybank’s global network operations. The programme is also aimed at accelerating participants into a management role upon their graduation from the programme.
The Global Maybank Apprentice Programme is aimed at developing individuals and includes:
• A holistic learning experience with customized on-the-job rotations.
• Enhancing leadership skills among others, via involvement in group-wide special projects.
• International Assignments to immerse Global Maybank Apprentices in global network operations.
• Experiential learning through CR initiatives, project management and presentation to top management.
• Face-to-face development interventions where a dedicated coach and mentor is assigned to guide Global Maybank Apprentices throughout their journey.