RIICC 2021: Students Develop Global Expansion Recommendations for Wise

2021 Undergraduate Winning Team

The Global Business Center was excited to host the 6th Annual Russell Investments International Case Competition (RIICC) – a virtual opportunity for Foster Students to build their global business expertise. During this 72-hour competition, student teams not only developed strategies to address global challenges – they also had to collaborate online and come up with a solution in a short period of time. These skills are increasingly integral to global business careers. Special thanks to Russell Investments for their sponsorship and to our 45 corporate judges and coaches who created a real-world virtual learning opportunity for students.

Students impressed judges with their recommendations based on the case selected and adapted by Dr. Debra Glassman, Faculty Director for the Global Business Center, “TransferWise: Making Sense of Money Transfer,” by Vashudha M, Case Centre, 2019. Students were asked to serve as consultants to Wise in selecting and implementing expansion of their Assets line to another country.  Each team developed a marketing strategy that included target customers, messaging, channels, costs, and metrics for success.

36 teams comprised of 142 UW and regional Community College students tackled the case. Of those teams, the top three Undergraduate Teams moved on to the live final round. We would like to congratulate all finalist teams:

Team 1 (D2): Akshansh Arora, andon Forsythe, Kostyantyn Ryzhkov, William Beeson

Team 2 (A4): Sai Raksha Rayala, Laura Wang, Allie Lee, Daphne D’sa

Team 3 (A2): Everett Buck, Josh Dembowski, Russell Morrison, Zachary Goo

The final round judge panel, made up of local business executives watched final round teams present live. Of the three stellar finalist presentations, Team 2 took home the title of 2021 Russell Investments International Case Competition champions and $1,000. Team 1 took 2nd place and won a $400 prize. Congratulations to all of the teams, especially to the first-place team members. The judges commended the teams on their innovative solution, their realistic and comprehensive analysis, and how they handled the Q&A session.

Undergraduate 2nd Place Winning Team

Eight participating teams were made up of Foster School Freshman Direct students who competed in their own track to win the title of Freshman Direct Champion and $400. We are excited to see these students getting involved so early in their Foster careers. The Freshman Direct Track winning team was team F1 – Marius Rekickas, Ethan Beh, David Song, and Christy Feng.

2021 Freshman Direct Winning Team

In the Masters Track, seven teams participated from four of Foster’s Masters Programs. Team H2: Che Shyong, Ryan McLafferty, Yophtahe Seyoum, and Sateesh Nagulapally, took home the title of Masters Track Champions. 

RIICC Masters track winners

2021 Masters Track Champions

The Northwest Regional Track included two impressive teams from North Seattle College. Team J2 took home the title of Northwest Regional Track Champions. Congratulations to Michelle Yusuf, Boris Slyusar, John Elizondo, and Theresa LaRue.

2021 Northwest Regional Track Champions

Please congratulate these students if you get a chance!

Finally, this competition would not be possible without the support of our sponsor and partner, Russell Investments. The more than 140 student participants and the Foster School’s Global Business Center are so grateful for Russell Investments’ generous sponsorship of this flagship event.

FINAL ROUND PRESENTATIONS: https://youtu.be/WfZvJFVR_5g

CHAMPIONS ANNOUNCEMENT: https://youtu.be/17hmWHWlA-0