The finals of the inaugural Tsinghua MBA Entrepreneurship Competition were held at the Tsinghua SEM on August 23, 2015. The competition was jointly organized by the Tsinghua SEM MBA programs and the Tsinghua x-lab. Through practical learning, the competition aimed to develop the spirit of innovation and entrepreneurship in MBA students, serving as a platform and resource support for them. The competition’s joint chairpersons were assumed by Tsinghua SEM Senior Associate Dean Professor Jian Gao and Professor Jinliang Li, while the academic chairperson was the Tsinghua SEM x-lab Academic Director Professor Wei Zhang. The competition lasted over 4 months, which included inter-departmental meetings, entrepreneurship training sessions, roadshows and various complementary activities.

10 finalist teams, which were selected out of 60 teams, gave their presentation and answered queries from the judges during the last round of the competition. In the end, team “Woo Kong” was presented with the gold medal, while “Wireless Charging” and “Fat Tiger Second Hand Luxury Goods Trading Platform” obtained silver medals. The teams that received the bronze medals were; “Baby Sitter O2O Service Platform”, “O2O Indoor Sport Shoes“, “Heart Warming Medical Care”, “Travel Companion”, “Box of Jewels”, “Doraemon HD” and “Simple Goods Second Hand Trading Platform”.

Tsinghua SEM Associate Dean, Professor Xiaojun Qian, pointed out that since the programs establishment in 1991, Tsinghua MBA has been continuously developing itself through exploration and innovation, which have become a tradition. In 2015, the Entrepreneurship Competition systematically allocated entrepreneurship courses and activities, fully exemplifying the features of innovation and entrepreneurship in the Tsinghua MBA education. The competition is also a manifestation of Tsinghua MBA’s mission and social responsibility. By connecting MBA students with other science and engineering students, MBA and engineering thought frameworks were integrated, while managerial experiences were blended with product design development. Problem solving methods were expanded with limited resources, the startup process was accelerated and entrepreneurship was cultivated for success. As a result, the competition was a platform for continuous, healthy, and rapid growth for the Chinese economy.