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2008 MBA Open MIC
Competition |
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What is
Open MIC?
Music
Industry Challenge
MBA Open MIC (Music Industry Challenge) is a
national case competition giving MBAs from
top business schools across the country the
opportunity to analyze a current challenge
facing a company in the music industry and
present their recommendations in front of a
panel of music industry judges.
Why Open
MIC?
The music industry today, more than ever, is
in need of high level business skills to
solve real business problems. Disruptive
technology has fundamentally changed the
industry and continues to change it at a
rapid pace. Big box retailers like Wal-Mart
and Best Buy have more and more power over
labels. The industry is facing challenges it
has never faced before.
South by
Southwest
Open MIC will be hosted in Austin, TX during
South by
Southwest,
the biggest music industry gathering in
America. The case competition will benefit
greatly from SXSW by increasing networking
opportunities and providing great live music
and other night life. |
Judges and
Sponsors
Coming Soon! |
Schedule
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Thursday, March 13, 2008 |
| 6:00pm-8:00pm |
Opening Reception |
SIX
(Mezzanine) |
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Friday, March 14, 2008 |
| 8:00am-9:30am |
Communications
Coaching |
McCombs School of
Business |
| 10:00am-12:00pm |
First Round
Presentations |
McCombs School of
Business |
| 12:00pm-1:00pm |
Callbacks (Second
Round Q&A) |
McCombs School of
Business |
| 1:00pm-2:00pm |
Lunch and Awards
Ceremony |
McCombs School of
Business |
| 6:00pm-8:00pm |
Closing Reception |
TBD |
SIX, the
location of our opening and closing
receptions, is right in the heart of the
SXSW action. It is partially owned by Lance
Armstrong and within just a few blocks of
almost all of the SXSW venues. The closing
reception will be on the rooftop overlooking
the annual St. Patrick's Day festival on a
closed down 4th street, guaranteed to be a
good time.
The case
will be distributed electronically to teams
on Monday, March 14. First round
presentations will be 10 minutes long with
no Q&A. 3 teams will be chosen for
Callbacks, which will consist of a 2 minute
review of your Executive Summary followed by
a Q&A from judges for a total of 20 minutes.
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General
Info
Prizes
1st Place - $3,000 + access to SXSW trade
show on Friday and Saturday
2nd Place - $2,000
3rd Place - $1,000
Food,
Transportation, and Lodging
All expenses are the responsibility of the
team. Obtaining funding through your school
is recommended. 2 hotel rooms per team have
been reserved at $75 per night for Thursday,
March 13 through Saturday, March 15. Teams
have the option of leaving on Saturday the
15th or staying an additional night to enjoy
SXSW and leaving on Sunday the 16th.
SXSW
All members of the 1st place Open MIC team
will receive access to the huge SXSW
tradeshow on Friday and Saturday.
Additionally, SXSW showcases will be
happening all around us during the weekend,
and all participants are encouraged to take
in the music. Find out more at
the SXSW
website.
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