By Braun Jones, Partner, WWC Capital Group, LLC
The ACG National Capital Chapter is one of the largest chapters in the country representing a metropolitan area that has proven to be one of the nation’s most resilient business communities. Our membership is comprised of many of the region’s business leaders responsible for running some of the world’s most recognizable brands as well as exciting start-up organizations.
Our region is also blessed with a variety of high-quality institutions of higher learning that turn out large numbers of our future business leaders. As part of our chapter’s university outreach efforts, ACG National Capital hosts the annual MBA Cup, a case study competition designed to give students from the D.C. area’s leading MBA programs an opportunity apply their classroom knowledge to real-world situations and compete with their rival peer institutions for a cash prize. The case study typically outlines a scenario involving a complex acquisition transaction, requiring a creative, multidiscipline problem-solving approach to prevail as the competition winner.
This year’s ACG National Capital MBA Cup competition pitted teams from the University of Maryland, American University, Howard University, and Georgetown University against each other. The students were asked to provide analysis and advice to a company considering an acquisition offer. These students also had to defend their decisions to a panel of investment banking and corporate finance professionals for a grand prize of $1,750 and $750 for second place.
When the dust settled on this fierce competition, Georgetown University’s McDonough School of Business had bested the field, with the University of Maryland coming in second place.
On behalf of ACG National Capital, I would like to congratulate the McDonough School of Business team members, second-year MBA students Jessica Garvey, Amit Padhiar, Jason Sain, and Ben Welch, and first-year student Erica Koszalka on a job well done. We look forward to having you all as ACG National Capital members when you inevitably ascend the ranks and begin running your own companies in the very near future.