Zurich Enterprise Challenge on Climate Change for Students with CHF 5’000 Award

Zurich is inviting Master, MBA and PhD students (full or part-time) from any university worldwide to participate in the Zurich Enterprise Challenge 2022. The Zurich Enterprise Challenge gives you an opportunity of a lifetime to work with one of the world’s top insurance companies and interact with its corporate customers to solve real-life strategy and business challenges.

About the Challenge:-

The challenge consists of 3 phases:

• Phase 1: Qualification
• Date: 21 March – 26 June 2022.
• Submit a video up to 6 minutes long presenting your innovative solution to the case study.
• Phase 2: Collaboration
• Date: July – October 2022.
• The top teams will work with selected Zurich multinational customers on solving real-life corporate challenges.
• Phase 3: Finalization
• Date: December 2022 – Q1 2023.
• The winning team will be awarded a CHF 5’000 cash prize and invited to a Zurich-sponsored event in Q1 2023 and present their work.

Challenge Case Study:-

• The current climate change debate confronts senior decision-makers in multinational organizations all over the world with the challenge to understand how their business and risk environment will and must adjust in response to climate change.
• Multinational organizations need to implement adequate mitigation actions in order to manage their operations and risk landscape in countries directly and indirectly impacted by climate change. At the same time, they need to conduct strategic planning in order to explore innovative ways of managing associated risk exposures in the long-term.
• Your work should answer the following questions:-
• Describe potential short- and long-term risks and consequences of climate change for multinational organizations. Thereby, first identify sources of relevant quantitative and qualitative data and information, which decision-makers could use in order to measure climate change specific risks.
• Secondly, describe how such data and information could be used as part of a company’s risk and strategy management in order to support both the definition of short-term climate change response actions and the formulation of innovative strategies for managing climate change risks in the long-term.
• Finally, assess how a company’s business model and geographical footprint might affect the way by which it is impacted by climate change.

• The Winning Team: The team with the best submission from Phase 2:
• Invitation to present at a Zurich-sponsored event in Q1 2023.
• The team with the best submission from Phase 2 will receive CHF 5’000 shared between team members.
• The team with the next best submission from Phase 2 will receive CHF 2’000 shared between team members.
• Top teams: The teams with the best submissions from Phase 1:
• Your team will complete a consultancy case with Zurich and a leading global organization.
• Chances for interviews with top-performing participants. Zurich and partner companies will have the opportunity to review candidates during or after the Challenge.
• All top teams will get a certificate signed by a Zurich expert detailing participation and Phase 2 achievements.

• The Challenge is open to Master, MBA and PhD students (full or part-time) from any university worldwide. 
• Participants should have an interest in management, finance, strategy and risk management or similar subjects. 
• Multiple teams representing the same university can join the Challenge.
• This is a team challenge; each team should consist of 3-4 team members.

About Zurich:-

Zurich is a leading multi-line insurer that serves its customers in global and local markets. With about 55,000 employees, it provides a wide range of property and casualty, life insurance products and services in more than 215 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations.

See more scholarships available on For9a

See more available volunteer opportunities on For9a