Master of Science in Finance students in the WVU College of Business and Economics beat the University of Pittsburgh and Indiana University of Pennsylvania in the inaugural Pittsburgh Chapter of the Association for Corporate Growth (ACG) Cup Thursday and came away with a trophy and $2,500.
The competitors had to work through a common finance scenario: They had been “hired” by an “investment firm” to advise them on whether to buy a successful family-owned business. The judges acted as executives in the investment firm, and the students were required, in one week’s time, to present their case in Pittsburgh. “The time constrain made it hard,” said Caitlin Henning, of Elkins, W.Va. “There was a lot of information to sift through, but we had the advantage of good group dynamics since we’ve worked together so much already.”
ACG is a group for business leaders founded in 1954 with 12,000 members in 54 chapters throughout North America, Europe and Asia.