The Anglia Ruskin business student team - Stefan Muench, Daniel Kunert, Philip Gotter and Felix Richter - won the finals of the IBM Universities Business Challenge (UBC) at IBM headquarters at Bedfont Lakes, Feltham on Friday 8 March 2008.

Over four rounds of Friday's business challenge, they won very convincingly, beating excellent teams from: University of York, Imperial Tanaka, Imperial College, Royal Holloway, Leeds Met University, Bristol University, Exeter University, University of Abertay and University of West Scotland.

Our team achieved a final profit result of £305 million; the University of Exeter team was second with £212 million and Leeds Met University was third with £174 million.

Professor Mike Thorne, Vice Chancellor, conveyed his congratulations to Stefan, Daniel, Philip and Felix:

Professor Martin Reynolds, Dean of Ashcroft International Business School was delighted:

Professor Stuart Wall, Head of Department of the Business School added:

Colleagues in the Business School have also congratulated the team for their splendid effort. Anglia Ruskin has been very successful over the years in the IBM UBC competition. Under Glyn Burton's guidance, our teams reached the semi-finals four years running, culminating in 2005-6 with our team being second only to Manchester Business School.

Stefan, Daniel, Philip and Felix have worked very hard since October 2007. They won through the heats in the lead up to Christmas which involved 232 university teams, winning their semi-final at Portsmouth on 29th January, and finally winning the competition on 8th March.

Larry Hirst, Country General Manager of IBM UK, gave a very interesting presentation followed by a Q&A session with the 48 students at the finals.

Learning Dynamics Ltd, which runs the UBC competition, will formally present the trophy at Anglia Ruskin at a date to be announced.

For further coverage of this event, visit: www.uk.ubcworldwide.com/content/this_years_finalists.asp