Not only is the 19th annual DECA Virtual Business Challenge (VBC) about to begin, but members can now participate in a new, eighth track, VBC Entrepreneurship! The DECA VBC is an official competitive event free to high school members and hosted by Knowledge Matters. The event is based on the virtual business simulations and offers over $23,000 in scholarship money.
Participants in the interactive, digital DECA Virtual Business Challenge (VBC) operate a web-based business simulation. The VBC qualifying rounds are conducted via the internet, where participants post competition scores for chartered association, regional and overall rankings. With eight different VBC tracks available, there is something for everyone!
- VBC Accounting
- VBC Entrepreneurship
- VBC Fashion
- VBC Hotel Management/DECA Hotel Challenge (Presented by the J. Willard and Alice S. Marriott Foundation)
- VBC Personal Finance
- VBC Restaurant
- VBC Retailing
- VBC Sports
The competition is FREE to all active high school DECA members. The challenge is entirely web-based; no installations or downloads are necessary.
Students may participate individually or in a group of up to three members from the same DECA chapter. Students may only be a member of one team per track. Each individual or team can participate in as many tracks as they would like.
Students may register themselves or their team beginning on October 6, 2020 at 10:00 a.m. ET. Only active DECA chapters will appear in the registration menu. To confirm your chapter’s membership status, please contact firstname.lastname@example.org.
All active chapter advisors will have access to the challenge simulation software on October 6, 2020. If you are new to DECA’s VBC, an advisor account will be created for you. If you already have an online account, please continue to use the same log in information to access your account.
Important Note: Advisors, you must log in to approve teams registered under your chapter. Your advisor account will be created for you, and your account will not be accessible until the first day of registration (October 6). To log in to your advisor account, please visit: vb.knowledgematters.com. If your students already have online Virtual Business accounts, they will not have to register for new accounts. They will, however, still have to create new VBC teams.
The top two teams, per track, per round will be eligible to compete at the International Career Development Conference (ICDC), providing teams meet their chartered association’s rules and regulations. See challenge guidelines for more information on ICDC qualifications. Additionally, the top-performing team, per track, per round in each chartered association will receive a certificate of achievement. Student members competing at ICDC may not compete in another ICDC event.
There are two web-based qualifying rounds for this event.
- Registration Opens: October 6, 2020 at 10:00 a.m. ET
- Round 1 Begins: October 20, 2020 at 10:00 a.m. ET
- Round 1 Ends: October 30, 2020 at 5:00 p.m. ET
- Round 2 Begins: January 19, 2021 at 10:00 a.m. ET
- Round 2 Ends: January 29, 2021 at 5:00 p.m. ET
- VBC Challenge Guidelines
- VBC Challenge Tracks + Registration
- Knowledge Matters Podcast on the new Entrepreneurship simulation
Knowledge Matters is the leading provider of cloud-based, educational simulations for business (food service, hospitality, retailing, sports management and manufacturing) and personal finance. The company’s Virtual Business line of simulations has been used in over one-third of all the high schools in the United States.