Warwick Business School sets up first global e-auction for MBA students
Ram Venuprasad, researcher and instigator of this project at Warwick Business School said, "This event is designed to prepare tomorrow's global business leaders by implementing e-business education using real life tools in real time over the Internet, connecting students from all over the globe."
The auction was conducted from the MBA Teaching Centre at Warwick Business School and the entire DLMBA e-business class participated.
Internet auctions are used by major companies to manage international buying processes. The process is known as 'reverse auction' where suppliers place bids in real time over the internet to supply goods or services.
Matt Joutsikoski, Business Development Director of SynerDeal added, "Effective implementation of e-purchasing delivers significant bottom-line benefits to companies. It is important that MBA students have access to leading e-purchasing methods and tools to ensure they are well prepared to manage the inevitable impact e-business will have on all organisations."
One of Europe's largest business schools and the largest department of the highly-rated University of Warwick, WBS is fully accredited.
Our teaching is rated excellent and 75 percent of our research is rated at 3* and above, placing us 3rd in the UK.
Over 8,000 students from 130 countries currently study here.
Their interaction with top faculty creates a multicultural learning environment, enhanced by outstanding teaching and study facilities and a top-quality campus.
Our teaching covers the full range of business education, from undergraduate and masters degrees to the Warwick MBA, doctoral research, and executive education.