The event, organised by the Croatian Innovation Institute, featured professors and leaders from renowned universities such as Harvard, Stanford, Bocconi, and ETH Zurich. Out of more than 1,200 participants and 300 teams, only 36 made it to the final on June 10, held at the Zagreb School of Economics and Management.
The professional jury awarded first place to the Corvinus team. The challenge presented was a case study on a societal issue: the participants were tasked with designing an educational system, including a comprehensive strategy, implementation plan, and organisational design. They had only one hour to develop their solution, with no digital tools or artificial intelligence allowed.
The competition was a test of performance under pressure, teamwork, creativity, and human intelligence. The Corvinus team proposed a system that strikes a balance between academic rigour and civic and moral education, emphasising flexibility, community involvement, and lifelong learning.
The winning team consisted of members of Corvinus’ student organization specializing in case-solving competitions, the Corvinus Case Track Community. The team members were international students from North Macedonia, Kazakhstan, and Moldova: Jakov Velkovski, Nikola Meshkovski, Daniil Yarovoy, Sergiu Manic, Nurbakyt Myrzagulov, and Dairbek Dauletkozha.
They study various disciplines, including applied economics, business data science, philosophy, politics, and economics, with one coming to Corvinus through the Erasmus program. The first prize also included a €3,000 reward. The second-place team was from Bocconi University in Italy, while the third-place winners came from the University of Ljubljana.
The Corvinus competitors emphasized that for them, this victory meant more than just winning a prize. “It’s about friendship, personal development, and the fact that with the right attitude and mutual support, as students from different parts of the world, we can achieve something truly valuable together. Thanks to our team’s diversity, the variety of our mindsets and perspectives helped us develop a more holistic and inclusive solution.”
Winners were also announced in five industries: ICT, finance, healthcare, media, and energy. The Corvinus team also excelled in the finance sub-competition, securing fourth place. In this category, the task was to develop a plan for applying artificial intelligence to improve internal banking operations and customer experience at Raiffeisen Bank.
The Corvinus students incorporated personalized financial planning, automated fraud detection, and the deployment for the responsible and ethical application of technology into their solution.
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