Second Years Go For Gold!
Congratulations are due to Alex Bute, Fernando Machado, Katy Mirzaie and Tarun Sakhrani who recently won the second annual RSM Private Equity competition.
The MBS team beat strong competition from 7 leading business schools including last year’s winners, London Business School, Rotterdam School of Management, Hong Kong University of Science and Technology, ESADE, IE, IESE, HEC.
The competition required the team to evaluate an investment in one of three Canadian gold mining companies. Once they had completed the evaluation had to pitch the selected company to panel of judges (the investment committee), comprising industry experts, academics and entrepreneurs.
Round one consisted of a 25-minute presentation and 5 minutes of Q&A by each of the participating schools. IESE beat tough competition from HEC in group 1 and the MBS team, edged out the hosts on the back of a strong presentation style and commendation for their investment approach. The final began with a presentation from IESE, followed by 20 minutes of Q&A from the panel of judges. The MBS team were the second team to be interrogated and continued their strong presentation style, also delivering some very detailed answers during the Q&A process. In the end, once again, on the basis of a strong presentation, some detailed answers, good research and rational investment strategy, the MBS team emerged winners!
We encourage and support our MBAs to participate in competitions, the next one on the agenda being the Venture Capital Investment Competition (VCIC) .. the European Regional Finals being in Oxford in March. Given this recent success of our second years it seems that the pressure is on for our first year VCIC team!
Prof Elaine Ferneley