The challenge is composed of two parts:
- The Written Proposal, that will allow you to get the chance to come to Luxembourg
- The In-House Competition
The two parts are complementary; they are linked by the amount of work and the time required to complete a real-life, industry case:
The first part of the challenge, the Written Proposal, covers the first part of the time line: preparation time and first proposal, whilst the second part represents all the remaining activities.
The Written Proposal
Based on an client situation, facts, and figures, this challenge will test your planning and innovation skills. Using the information provided one month before of the submission, you will be asked to develop a Written Proposal.
Format: A cover page with the name of your team, as well as the names of all participants, your university, and your areas of study. Maximum 2,000 words (without counting sources, appendices, or illustrations) plus an Executive Summary of maximum 1 page.
Key elements: Idea, innovation, simplicity, quantitative approach, but not purely focused on number.
By coming to Luxembourg, the top teams will meet the client and their counsellor. New issues and client feedback will be the base for the new work. During this part the teams will get the chance to attend industry presentations that will help them overcome the newly-introduced issues and discover interesting topics. Moreover, they will be advised by professional workers that can be considered as their department support. The second part ends by presenting in front of the jury.
Format: A PowerPoint presentation and a pdf file for the written proposal.
Preparation: 36 hours to work on the case, assisted by professional workers “mentors” in different fields: tax, estate and so on.
Key aspects: Time pressure, adaptation, flexibility, professional support, presentation and communication skills.