Rules and Information

The 2021 NIU Business Olympics will be a virtual event hosted by our College of Business. Aimed at high school and community college students, the NIU Business Olympics event offers multiple business-related competitions to teams.

  • Teams participating in the NIUIA Valuation Challenge will select and investigate the hypothetical merger of two publicly-traded firms belonging to an assigned industry, writing a professional report in the first round and presenting their findings in the second round.
  • Individuals or teams participating in the Big Idea Pitch Competition will pitch their idea for a new business to like-minded entrepreneurs, judges, and potential investors.
  • Teams participating in the Digital Marketing Competition will choose a local company and create a marketing strategy based on the RACE (reach, act, convert, engage) framework and from this framework develop a website for the company using our partner's free platform Wix. You must reach out to sgibson@niu.edu for login information to Wix.
  • As business transactions move to mobile devices, an App can be the competitive advantage a business needs to succeed.  Your team can submit a mind-blowing concept to win the prize in the Mobile App Idea Competition.
  • Organizations create and collect massive amounts of data. Compete in the Accountancy Data Visualization Competition to demonstrate your skills in displaying data to provide insights that support better decisions.

While teams (ranging from 1-5 members) may register for up to three competitions, they must complete this form only once.  Team composition is not required to remain constant across the competitions, but team members may not switch between teams (For example, Amanda and Cody can register for the first competition, and then Amanda, Juan and Jordan may register for the second competition; but Cody can’t join a different team in the second competition).

Rules of the Competition

  • Students must attend a high school or community college (home-school teams are also welcome).
  • A faculty adviser per team is strongly encouraged.
  • Individuals or teams are invited to participate in up to three competitions. Team size cannot exceed five members.
  • Diverse team composition is encouraged.
  • Schools may have up to two competing teams for the NIUIA Valuation Challenge but an unlimited number of teams competing in the other competitions.
  • Each competition is limited to the first 20 teams registered and approved.
  • Once a team has been approved to participate, member substitutions are prohibited. If an unusual circumstance arises, the team’s faculty advisor may contact the faculty advisor of the sponsoring COB student organization
  • Teams must be available to virtually participate in the NIU Business Olympics on Saturday, April 3, 2021. A working internet, audio, and video connection may be required.

Important Dates

  • February 12, 2021: NIUIA Valuation Challenge registration deadline (Each competition is limited to the first 20 teams registered and approved.)
  • March 3, 2021: Registration deadline for the Big Idea Pitch Competition, Accountancy Data Visualization Competition, and Mobile App Idea Competition
  • March 5, 2021: NIUIA Valuation Challenge first-round written report due
  • March 26, 2021: Recorded Presentation due

Prizes

  • First place:  $200/person
  • Second place:  $100/person

Although changes are not anticipated,the College of Business reserves the right to make changes to the competition/rules at any time. Should a change occur, all teams will be notified.

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