Taylor’s University students lift Deloitte's Risk Intelligence Challenge Trophy

The first Deloitte Risk Intelligence Challenge Trophy (RICT) culminated in an intense debate last Friday at the boardroom of Deloitte Malaysia’s new office with Taylor’s University Team Xeno and Multimedia University Cyberjaya’s Team Perfecto battling it out on the topic of business continuity management.

With only barely two points separating the teams, the RICT judges were hard-pressed to decide on a winner. But after much deliberation, the Team Xeno trio from Taylor’s University were crowned champions. The team comprising Tee Jia Shun, Yeap Zhe Chyuan, and Loi Chee Hui took home the grand cash prize of RM5,000 and an internship opportunity each.

Team Xeno’s lead speaker Jia Shun, enthused, “We were surprised to win the challenge as we thought team Perfecto did really well. As a team, we felt slightly nervous too as this is the first time that both my team members engaged in public speaking, and on top of that be constantly on our feet to deliver our counter argument.”

The Finance student added that he and his team picked up quite a few things they wouldn’t have learnt in the classroom. “To prepare for the finals, we debated each other to better predict our opponents’ questions. We also had to research heavily into case studies to improve our understanding of the risk-based debate,” said Jia Shun.

Themed “The Risk Intelligent Future”, the RICT is an inter-university competition aimed at raising risk awareness amongst undergraduates who will soon enter the workforce. First organised by Deloitte’s member firm in Singapore, the challenge attracted tertiary-level students of all nationalities from all across Malaysia, who wrote, presented as well as debated each other on the issues of risk.

Held over the course of two months, only five teams made it to the semi-finals but it was team Xeno and Perfecto, who rose to the top as finalists. All five teams also received RM400 for advancing to the semi-finals. Tem Xeno will be headed to Singapore to represent Malaysia at the regional challenge next year.

Cheryl Khor, Partner of Deloitte Malaysia’s Enterprise Risk Services said, “It has been an interesting RICT for the judges as well as the teams. Both teams had amazing speakers and great points to make. I am heartened by the effort and the heart of all the participants to give the judges pause when selecting a winner.”

She added, “I am encouraged to see so many undergraduates from different disciplines showing a sense of enthusiasm in risk issues within their environment. RICT has provided a platform for them to constructively discuss their opinions of risks in the current corporate world and I hope to see even more students coming forward to participate next year."