Two SBM ITB Teams Going National Final Round Deloitte M&A Challenge 2019

Written by Afyan Cholil Asy'ari (Entrepreneurship 2021)

SBM ITB students, Elephant in Suit Team (Charles Vincent, Raelis Wibisono and  Erlangga from Management 2020) and Artavika Team (Livia Rosti Fahriani, Afyan Cholil Asy’ari from Entrepreneurship 2021 and Okta Saputrahas from Management 2020) been selected to the final round Deloitte M&A Challenge 2019 held by PT Deloitte Konsultan Indonesia on November 21 – 22, 2019 in Jakarta.

The root of this challenge is to survive in today’s increasingly competitive market, more and more companies engage in corporate actions, one of which is Mergers and Acquisitions (M&A) activity. We may have heard of when Facebook acquired Instagram and WhatsApp, Google acquired Waze and Grab acquired Uber, just to name a few. 

Therefore, Deloitte M&A Challenge 2019 challenge your student’s ability in, to give students experiences of real M&A scenario focusing on considerations and challenges that companies face when buying or selling companies. 

In this Challenge, Deloitte presents M&A cases to the selected team, and the team  need to use analytical and problem solving skills when studying the case, developing the answers and creating presentations. The finalists will present their answers to our Partners and Directors, as if they are the investment committee in a company who are trying to convince the Shareholders and Board of Management of their decisions. 

Deloitte M&A Challenge 2019 is a national competition for all students of this competition after going through the stages of CV screening and making investment teasers. The ten best teams came from various universities including Binus International, IPMI International Business School, Prasetya Mulya, University of Indonesia, Bandung Institute of Technology in Indonesia in the field of mergers & acquisitions through providing real cases from Deloitte Indonesia consultants. This activity invited the 10 best teams out of 100+ teams registered.

As the result of this competition, Elephant in Suit team selected as the Best Teaser Team in the competition and get the chance for dinner with the Director of Deloitte. Besides that, all the ten best teams get the special chance for internship in Deloitte to learn in real life.