A couple of weeks back I was having dinner with some of my friends. We were having a conversation about what we planned on doing after graduation. Whilst discussing job opportunities in Bangladesh and what helps people in landing their dream jobs, one of my friends boldly remarked winning business competitions are a must to get your dream job. This got me thinking, are business competitions really that helpful in pursuing jobs. And if so, why? What makes winning business competitions such an important addition to one’s CV?There are a couple of popular types of business competition in Bangladesh. The business case competition, where students are provided with a case and then they have to analyze that case and come up with viable solutions to the problems mentioned in the case then during the latter stages of the competitions they are tasked with giving presentations on the solutions they came up with. These cases are mostly based on real world events and scenarios. Ad making competitions are quite popular nowadays. Participants have to make advertising campaigns for different kinds of products throughout the course of the competition. Some more grand competitions ask the participants to conduct real world campaigns or complete tasks .Expectedly the tasks get more and more complex as the competition progresses. Now let’s dive into what are the benefits of participating in such competitions. These competitions try to emulate real world conditions to test how you handle them. During your first few competitions more often than not, you will find yourself pulling off an all nighter to meet the deadline mostly thanks to procrastination. Learning to deal with the situation will help you tackle real world problems with more composure. And with a few competitions under your belt you will know how to use your time and other resources to better effect. Which will certainly aid you in real life. Most competitions require participants to present in front of large audiences and esteemed judges. Not only does this help with the unreasonable fear of public speaking many of us (including your’s truely) have but it also helps in using visual aids (e.g :power point slides, videos) to convey your ideas clearly. These skills are a must for most business professionals. Winning a major business competition will have a positive impact on your life .For the next few days everything will be rainbows and butterflies. You will see mentions of yourself in social media, newspapers and maybe even television . Your Facebook timeline will be slumped with wishes and demands of treat from well wishers. Apart from the individual achievements business competitions are definitely a good platform to represent your institution and bring glory it’s way.Almost all competitions require that you form a team. Team work is a must if you want to do well in competitions. You learn how to work in a team, how to deal with different types of team mates. You get to know which role suites you best in a group. This will help you when you have to work with a team,in your workplace. Many competitions have a round where you have complete your task in a very short span of time. These rounds teach you to think on your feet. In the real world you will need to take decisions with far reaching impacts quickly and decisively. And the experience you gather ftom business competitions will aid you in these type of situations. And global competitions allow you to visit different countries. Mingling with foreign nationals bring you some much needed perspective. You get to know how the rest of the world is thinking.You will also make friends from all over the world. Having foreign friends can be handy in today’s world. And getting to visit another country is always fun.But all the impacts of the business competitions are not so positive. Let’s take a look at the negatives. In many cases , you have no other option but to fo a lot of guess work. For example, Is it very logical or realistic is it for an undergraduate student to make a detailed plan for “Complete Re-branding Bangladesh Police ” campaign? And that is not the only problem, innovative ideas that the young minds came up will end up in the shelves,never to see the light of day. There is also the concern that are faceless corporations obtaining million dollar ideas for a megar amount of money. Participants can come up ideas that are not feasible at all in real world and still be rewarded, which might hurm them when they have to come with grounded ideas that are executable. Lack of transparency is a major concern for business competitions. You might come up with a imaginative idea, convay it properly and get glowing reviews from the judges but still end up not getting your desired result. Because the organizers had a favorite. Sometimes people who have no background in anything remotely related to business are asked to be judges at business competitions . So your hard work might not not receive the credit it deserves. And lots of competitions essentially come with very similar tasks. So after a while they might feel repetitive. So the moment of truth is here. And the we have a hanged jury here. Business competitions can’t guarantee you the job of your dreams. But the skills you take away from these competitions you aid you in performing your job to the best of your ability. So winning business competitions do add weight to your CV. It promises that you posses most of the abilities the employers are seeking. Doing well in business competitions is a promise, a promise that some day you will do great things. So capre diem ladies and gentlemen go out there and make true on that promise.