The Master Challenge 2025 is an international competition organized by IAE Business School (Austral University), designed to recognize and reward exceptional young professionals under the age of 30. Winners can earn significant scholarships for the Full-Time MBA and Master in Management (MiM) programs. All phases and communications are conducted in English and fully online.
Full Time MBA
The Full-Time MBA at IAE is designed for professionals who are committed to making a meaningful difference in Latin America and beyond. More than just a business program, it is a personal and professional transformation grounded in virtue-based leadership, academic rigor, and a deep understanding of how to lead through complexity and uncertainty.
Format: Full-Time, in-person (on campus)
Duration: 10 months
MiM - Master in Management
Our MiM program is tailored for recent graduates and young professionals seeking to accelerate their management careers. It provides comprehensive business fundamentals with specialization tracks in strategic areas.
Format: Blended
Duration: One year
How the Challenge Works
- 1
Online Registration
Complete the digital application form through our official Challenge website. Quick, secure, and accessible from anywhere in the world.
- 2
Business Case Analysis
Analyze the Starlink business case, demonstrating your analytical skills and strategic thinking through a comprehensive written report.
- 3
Video Presentation
Record a compelling 3-5 minute video defending your proposed solution, showcasing your communication skills and business insight.
- 4
CV Submission
Upload your current professional CV in PDF format, highlighting your achievements and career progression to date.
Competition Timeline
- 1
Registration Deadline
Complete your registration through our online platform. Late registrations may be accepted, but with reduced preparation time for submissions.
- 2
Kickoff Session – October 7
Join our live online session where we’ll provide detailed instructions, evaluation criteria, and answer all your questions about the Challenge.
- 3
Case-Solving Period – October 8-15
One week of flexible, asynchronous work time to complete your business case analysis and prepare your video presentation.
- 4
Evaluation Phase – October 16-23
Our expert jury, supported by AI tools, carefully evaluates all submissions using transparent scoring criteria shared with participants.
- 5
Awards Ceremony – October 24
Join our live virtual ceremony to celebrate winners and discover your results. Digital diplomas and scholarship confirmations will be distributed.
Submission Requirements
Written Analysis
- PDF format in English
- Length specified at kickoff session
- Comprehensive business case analysis
- Strategic recommendations included
Video Presentation
- 3-5 minutes duration
- Upload via designated platform
- Defend your proposed solution
- Professional presentation skills
Professional CV
- English language required
- PDF format only
- Maximum three pages
- Current and comprehensive
Evaluation Excellence
Our evaluation process combines cutting-edge artificial intelligence tools with expert human validation to ensure fair, comprehensive assessment of all submissions.
AI-Powered Analysis
Advanced algorithms evaluate technical accuracy, analytical depth, and presentation quality with consistent, objective scoring.
Expert Jury Validation
Our distinguished panel of business leaders and academics validates AI assessments and determines final rankings.
Transparent Scoring
All evaluation rubrics and criteria are shared with participants, ensuring complete transparency in the assessment process.
The jury's decisions are final and binding, maintaining the integrity and credibility of our competition results.
Life-Changing Scholarships
100%
First Place Winners
Full tuition coverage for both MBA or MiM programs
75%
Second Place
Substantial scholarship reducing program costs significantly
50%
Third Place
Significant financial support making education more accessible
Winners receive digital diplomas and scholarship confirmations during our awards ceremony. Results are announced publicly and confirmed individually via email, ensuring recognition for outstanding achievement.
Scholarships apply to the full program duration and remain valid provided winners meet admission requirements and maintain minimum academic standards.
Scholarship Terms & Conditions
Eligibility Requirements
Scholarship recipients must meet all standard admission requirements for their chosen program. Our admissions team will guide winners through the application process to ensure smooth enrollment.
Scholarship Coverage
Awards cover the complete program tuition and remain active throughout the program duration. Recipients must maintain minimum academic performance standards as outlined in our academic regulations.
Important Limitations
These prestigious scholarships cannot be combined with other IAE grants or financial aid programs. This ensures maximum impact for Challenge winners while maintaining fairness across all scholarship programs.
Ethics & Integrity Standards
Original Work Required
All submissions must be entirely original and authored solely by the participant. We maintain zero tolerance for plagiarism or unauthorized collaboration.
Fair Competition
Any behavior inconsistent with the spirit of fair competition may result in immediate exclusion from the Challenge, protecting the integrity of all participants.
Final Authority
The jury and organizing team reserve the right to make final decisions on any circumstances not specified in these guidelines. All decisions are binding and not subject to appeal.