Here is a non-exhaustive list of questions you might have about The Negotiation Challenge. If you need further information, do not hesitate to contact us.
How can I register?
The Negotiation Challenge can only host a limited number of teams. To make secure your spot in the competition, please join our waiting list and we’ll inform you once the registraions for our this year’s competition have been opened.
When can I register?
You can join our wating list anytime. Should we receive more candidates that we can host in our compeitition, the participants on the waiting list will be given the priority on the first come, first serve basis.
How much does it cost to attend?
To cover the cost of organizing the competition and to finance the involvement of high-caliber judges, TNC charges all participating teams a non-refundable registration fee according to the following schedule:
- early bird registration fee of 499 Euro will be available between August 1-31,
- regular registration fee of 599 Euro will apply between September 1-24, and
- last minute registration fee of 699 Euro between September 25 and October 1.
Financial assistance is available to participants with financial hardship. Please contact us for further details.
Who can participate in TNC?
TNC is open to all business professionals, lawyers, diplomats and other negotiators, who demonstrate the knowledge and experience to compete on the highest levels.
How will the winner be selected?
Typically, The Negotiation Challenge consists of 4 negotiation rounds. The negotiation rounds are typically conducted online (per email, chat, Teams, Zoom, Skype, etc.).
The scoring mechanism and the communication mode for each round is announced during the briefing before the round. The participants need to demonstrate the whole spectrum of their negotiation skills in various types of negotiations based on a diversified set of simulations.
The team with the highest number of points after all negotiation rounds will become an unofficial World Champion in Negotiation.
The organizers might change the number of rounds and/or the format of the negotiation rounds.
What is the prize for winning The Negotiation Challenge for Professionals?
Participating in The Negotiation Challenge for Professionals is a unique opportunity to develop individual negotiation skills by applying them in negotiation rounds conducted with other well-trained and experienced negotiators based on negotiation simulations designed by senior negotiation professors to test a wide spectrum of negotiation skills.
In addition to this experience, the winner of TNC for Professionals will receive a negotiation training for his/her team/company or individual coaching worth 10.000 Euro. The exact timing of the training will be conveniently scheduled after the competition.
The winner of The Negotiation Challenge will also receive significant exposure on social media in posts, interviews, and podcasts presenting her/him as the Negotiation World Champion.
Where do I get further information?
I would like to sponsor TNC. What should I do?
Sponsoring inquiries are explicitly welcome! Should you be interested in supporting The Negotiation Challenge, please contact us via our contact form. As a sponsor you can become a part of the events and get in touch with the students of top business and law schools. Furthermore, you could advertise on our facebook site and on our website. We can also tailor some of the negotiation cases to your company’s business needs.