The IEO OpenTrack as an Academy of Alumni

A mirror image of the IEO
The IEO OpenTrack has established itself as a prestigious platform for aspiring economists to showcase their talent and passion not only through their academic excellence, but also through their professional work. To gain deeper insights into this initiative, we spoke with Germano Tietböhl-Martinelli, leader of the project and a member of the IEO Executive Board. Describing himself as a citizen of the world in the Stoic sense — and Truly International in the IEO sense, — Germano is fluent in half a dozen languages (with a working knowledge of yet another half dozen) and oversees the IEO’s oldest and largest open competition — the IEO OpenTrack.

In our discussion, he shares his thoughts on building an Alumni network through the OpenTrack competition and highlights best practices that have propelled the competition to new heights. His insights offer valuable lessons that can inspire and guide other initiatives focused on nurturing talent, fostering collaboration, and creating enduring educational experiences.

Germano Tietböhl-Martinelli
Executive Board Member and Governor of the OpenTrack
What is the IEO OpenTrack?
Germano beautifully captures the essence of the OpenTrack with a vivid metaphor:
If we imagine the IEO institution as a very beautiful classical building, then the IEOx Community for me is the beautiful garden of trees around it with all its open projects — large and small — and spontaneous interaction. But the IEO OpenTrack Team resides and works inside that classical building: it is an essential part of the IEO.
Metaphorical image of the IEO generated with the help of AI
In more concrete terms, however, the OpenTrack is an open competition running parallel to the main IEO (in internal lingo, called the MainTrack for distinction) and available to everyone (truly: absolutely anyone) interested. The rounds contain the exact same tasks as the main IEO and take place on the same dates. No age or education restrictions are imposed on the contestants, and no prior selection processes are required.
The OpenTrack has the same content, the same atmosphere, the same cultural events, the same opportunities for networking, and the same opportunities for growth as a human being. It is held to the same high academic and ethical standards as the main IEO, but it is accessible to everyone. The only true differences are that the OpenTrack cannot offer any medals or trophies (so as not to deface the prestige of the main IEO as an elite competition) and we cannot, at least yet, welcome everyone on site.
IEO 2024 Closing Ceremony, Germano and Secretary of the EB Alexandr Zhitkovskiy reflect on how far they have come working together
The IEO OpenTrack was established to fulfill the demand for a competition available to students who were unable to qualify for the main Olympiad or whose countries are not represented at the IEO. However, it has garnered interest from a broader audience, attracting participation from professors, university students, and business representatives alike. Even parents of students have registered.

A notable benefit of the OpenTrack is that it provides a platform for Alumni of the Olympiad to remain engaged — not just as mentors but as active contributors to the ongoing development of economic thought and academic excellence. This initiative not only reveals emerging talent but also ensures that the insights and experiences of former participants are woven into the continuous evolution of the IEO’s academic curriculum and institutional structure.
Curonian Spit Midsummer Hike, when the world was in disarray and the IEO OT was just being conceived, 2020
Building an Alumni Network for Lifelong Learning
Once the format was established, the project gained a new purpose: on the organizational side, to make the OpenTrack into an Academy of Alumni — creating a robust network that serves as a lifelong resource for Economics scholars. Germano explains that fostering an active IEO Alumni network is not only beneficial for the participants but also for the integrity of the competition itself. Most of the core Organizers (Officers), Graders, and Jury Members are IEO Alumni who have transitioned from being competitors to contributors, which Germano calls “jumping the barricade”.
We take this very academically strong workforce and give them their first real professional experience. The OpenTrack is often a place where they make their first mistakes — getting their often perfectionistic fear of making mistakes out of the system, in an atmosphere of firm but gentle mentoring — and come to be proud of it. It’s an Academy because it educates them in how to perform real-life work and make the jump to the professional world.
This creates a self-sustaining ecosystem where former participants return to give back to the community. And, more often than not, stay around.
The idea is to establish a core of talent that props up and nurtures the growth of its members, long after they’ve participated in the competition. Alumni bring unique perspectives — vastly diverse in their cultural and academic outlooks — that can and do enrich the current generation of participants, thus helping shape the future of the IEO.
This focus on lifelong engagement allows Alumni to contribute to the Olympiad’s curriculum, mentor current participants, and even collaborate on research projects — there is always some tinkering going on in the halls of the OpenTrack, as Germano playfully hints. This system of knowledge-sharing benefits all involved, ensuring the IEO is continuously refreshed and reenergized with new ideas while remaining grounded in its rich history — one that Germano is very keen on accurately recording and passing on.
The Governor recording a pre-IEO speech in Advisor Mārtiņš's seaside abode, 2022
Organizational Structure: a Leadership of Growth
The OpenTrack’s organizational structure is designed to cultivate leadership and professional growth. Germano, who serves as the Governor (representing the OpenTrack’s interests before the International Board) and First Officer (directly commanding the executive functions of the project) has developed a system wherein Officers are trained to take on increasing levels of responsibility. The team is divided into three main sections: Academics (Alpha), Communications (Ksi), and Operations (Omega). Each Officer is responsible for their domain, but they are also trained and expected to see the bigger picture.
Officers are trained to be leaders. They are trained so they can potentially replace the Officer that's higher up relative to them — or their fellow Officer at their side in the neighboring section. From a word to a word and from a work to a work, they are trained to be Officer first and specialist second.
The key concepts of the OpenTrack Team include Servant Leadership and intrapreneurship. This structure ensures that the OpenTrack is not just a one-time event but a growing institution with a strong foundation of organizational wisdom.
First Officer (right) and Operations Officer open up the Zoom Room for BC, 2022
Recruitment and Retention: From Handpicking to Structured Selection
In the early years, members of the OpenTrack Team were handpicked by Germano, he himself handpicked to build the project from scratch by the IEO Secretary in a phone call he remembers with trepidation to this day. However, as the competition matured, a more structured selection and recruitment process was developed. Today, Officers are responsible for recruiting within their sections, and the selection process includes formal role descriptions, interviews, and a focus on IEO Alumni.
We usually go down the network, beginning with IEO Alumni, then the broader IEOx Community, and finally the Economics Education public. We look for people who have the right attitude and skills (attitude first, because we can train up the skills), and we give them a tour of everything before they join so they can make an informed decision.
This approach ensures that the team is composed of passionate and capable individuals who are committed to the OpenTrack's mission. Germano is especially proud of the fact that no Officer so far has stayed on the Team for just one year: all of them have at least two IEO cycles under their belt.
The IEO OpenTrack panel discussion with Alumni, 2024
The Future of the OpenTrack: Innovation and Outreach
Looking ahead, Germano envisions the OpenTrack as the innovation hub of the IEO. Over the years, many ideas that originated in the OpenTrack have been implemented in the main IEO competition. The OpenTrack’s flexibility allows for experimentation and creativity, which can then be scaled up to the main event.
We have a list of all the inventions that began in the OpenTrack and were implemented in the IEO as a whole. The list has more than 10 entries over six years. So we have that going for us.
In terms of outreach, Germano emphasizes the importance of slow, sustained efforts to explain the OpenTrack’s value (and the key fact that anyone, absolutely anyone can join) to national organizers and participants as well as to very important internal stakeholders: his colleagues at the IEO Executive Board, which must grant approval on a year-by-year basis to execute the project. By extending the competition’s registration cycle calendar and improving communication and outreach, the OpenTrack aims to reach more students and educators worldwide.
IEO OT Warsaw Headquarters, 2023
Advice for National Organizers
Germano outlines several best practices for other organizations aiming to establish a similar Alumni network, highlighting the importance of structured engagement and resource-sharing.

— Provide Clear Pathways for Alumni Involvement. The first step is ensuring Alumni feel welcome to remain involved after the competition. Offering structured opportunities — such as mentorship programs, specialized webinars, or exclusive events — helps maintain a connection between past and current participants.
By offering tangible ways for Alumni to stay involved, you ensure that the bond between them and the competition remains strong.
— Foster Collaboration Across Generations. Germano stresses the importance of creating collaborative environments where different generations of participants can interact.
One of the most enriching aspects of the OpenTrack is when Alumni return as mentors or speakers. It’s powerful to see the way they can guide younger students, offering not only academic advice but also career insights.
IEO 2021 Alumnus Szymon Florek, working as the Head of the Alumni Jury, presiding over the evaluation of the OpenTrack Business Case Finals, 2023
Alumni mentors can offer practical guidance on navigating the complexities of Economics outside the competition context, allowing younger participants to benefit from a more comprehensive learning experience — and ease their way into higher education and the professional world.

— Leverage Digital Platforms for Continuous Engagement. In today’s digital world, keeping Alumni connected is easier than ever. The IEO OpenTrack uses online platforms to facilitate communication, organize webinars, and hold discussions that keep Alumni engaged with current events in Economics. Germano recommends digital tools such as Slack, Discord, messenger group chats, or even specialized forums, to create virtual agoras where Alumni can share resources, discuss economic and technological trends, and collaborate on projects.
The beauty of the digital world is that it allows us to keep the IEO Community engaged year-round, even after the physical event is over for the year.
Alumni mentors can offer practical guidance on navigating the complexities of Economics outside the competition context, allowing younger participants to benefit from a more comprehensive learning experience — and ease their way into higher education and the professional world.

— Encourage Alumni to Contribute to Curriculum Development. A powerful aspect of the IEO OpenTrack is its focus on the IEO Syllabus. Alumni who have succeeded in the competition often have valuable input on how the materials can be updated to reflect evolving trends in Economics — after all, they are often studying it in the world’s top universities. Germano notes:
Alumni are not just former participants of the IEO; they are often experts in their field studying in the world's top universities and conducting top-notch research. Inviting them back to help shape the future curriculum ensures that the IEO stays relevant and dynamic.
Create Long-Term Value for Participants. For Germano, the success of the IEO OpenTrack is also measured by the long-term impact it has on participants. The competition isn’t just a one-time event but rather a stepping stone in a continuous journey of learning and growth.
The OpenTrack, as an institution, is designed to help participants transition from being students to becoming professionals, equipped with technical skills, real-world knowledge, — and a healthy dose of human empathy.
The IEO Alumni network fosters connections that go beyond the classroom. Through access to professional communities and ongoing educational opportunities, IEO participants have a platform for personal and academic development that extends into their careers.
The IEO Alumni Jury meets for a quick last sync before the Business Case Finals begin, 2022
Closing Remarks: the Power of an Academy of Alumni
The IEO OpenTrack serves as a model for how Alumni can contribute to the evolution of an intellectual competition and ensure that its impact lasts far beyond the event itself. Through structured engagement, digital tools, and opportunities for ongoing learning, Germano’s vision of the IEO OpenTrack as an Academy of Alumni is becoming a reality. His insights offer valuable guidance for any organization looking to harness the power of its Alumni, turning them into active contributors to the growth and success of future generations.

By establishing a strong, interactive Alumni community, the IEO has set a new standard for competitive events that aim to provide lifelong learning opportunities. Germano’s commitment to this vision ensures that the IEO will continue to fulfill its niche as a global platform for economic excellence, one where Contestants and Organizers grow together (many of them Alumni, having made the jump from Contestant to Organizer), share knowledge, and ultimately shape the future of Economics.
Germano participating in IEO Poem recording, 2023
Read more
See our Experience Exchange materials to learn about other countries' tips on organizing the National Selection
Taiwan's National Coordinator on networking and practical engagement of students
Founder and Technical Lead of EduHubAfrica on challenges of National Selections in Kenya and Rwanda
The IEO National Coordinator for Malaysia on his experience in developing a successful national selection process
Central Bank Officer and IEO National Coordinator in Bangladesh on organization of the Bangladesh Economics Olympiad during political crisis
Head of Economics at Rochester Independant College about the creation and development of the British Economics Olympiad

IEO National Coordinator for Japan on the best practices of Japanese Financial Literacy Tournament

IEO EB member and Team Latvia coordinator on the development strategy for well-established contests
Team Canada coordinator on his approach to selecting the best national team
Singapore Economics Olympiad creator on how networking helped him to launch the national selection from scratch
OBECON co-founder and venture capital analyst on sponsorship and fundraising for educational projects
Tilda Publishing
Learn more
Anna Bondareva
Contact our Partner Manager to get a personal consultation on joining the IEO.