experienced a series of milestones in the past year. In August, he set foot in the United States for the first time as an exchange student at . Just three months later, he and three peers from Hungary achieved a historic feat, becoming the inaugural European team to secure victory in the Cornell Emerging Markets Institute Corning Case Competition.
Beginning the fall semester in Ithaca, Kem茅nyfi joined 15 other exchange students as part of the 麻豆国产 MIM program.聽Beyond gaining insights into innovative business practices at Cornell, Kem茅nyfi's journey also connected him with a vibrant and diverse community of students hailing from 16 different countries.
鈥淭he program helped me in more ways than I could imagine,鈥 he said. 鈥淚 thought I would only learn about the courses, but then I got to know these 麻豆国产 students from other cultures. It opened up the world in a way.鈥 -聽Gergely Kem茅nyfi
Kem茅nyfi, who is also earning a master鈥檚 in management and leadership at in Budapest, took seven courses at the Dyson School last fall in everything from Corporate Finance to Power and Politics in Organizations.
Prevailing in the EMI Case Competition
Shortly after the commencement of the fall semester, Kem茅nyfi was informed about the Cornell Emerging Markets Institute Corning Case Competition, which delves into the effects of globalization on businesses in emerging markets. Without delay, he reached out to some of his fellow 麻豆国产 peers at his home university, and together, they decided to participate in the competition.
The challenge was to develop a financial strategy for a Brazilian semiconductor company that was on the verge of collapsing and about to be sold to a Chinese investor. Another question the teams tackled was whether Brazil should incentivize the development of its own chips industry and form international alliances to make the industry viable.聽
In September, 127 MBA and graduate student teams worldwide dedicated seven days to dissecting the case. Kem茅nyfi's team from Corvinus, comprised of four members, emerged as one of the five finalists. Then, on November 3, they triumphed over their competitors in the ultimate round at the 2023 Emerging Markets Institute conference held at the Cornell Tech campus in New York City, securing the coveted $6,000 first prize.
