Marshall University was named the winner of the second annual Peoples Bank Undergraduate Business Case Competition Saturday, Feb. 1.
The Marshall team earned $1,500 for their first-place finish. They were advised by Dr. Marc Sollosy, assistant professor of management. Dr. Dallas Brozik, professor of finance, helped the students fine-tune their presentation skills.
“We appreciate the opportunity Peoples Bank gave them to put their knowledge into practice, hone their critical thinking and presentation skills, and further develop professionally,” said Dr. Deanna Mader, senior associate dean of the College of Business.
The teams, which each consisted of four undergraduate students, presented their business case responses to a panel of judges. They had been given one month to devise a solution for a fictitious financial services-related business case. The case addressed multiple geographical regions and multiple functional areas (i.e. strategic planning, finance, marketing, and so forth). Presentations were 30 minutes in length, followed by a 15-minute question-and-answer session with the judges.
Six other colleges participated, including Ashland University (Ashland, Ohio), Marietta College, Marshall University, Muskingum University (New Concord, Ohio), Ohio Valley University, University of Charleston (Charleston, W.Va.) and University of Mount Union (Alliance, Ohio). Second place was awarded to University of Charleston and third place went to Marietta College.
“Peoples Bank is committed to investing in our communities through educational development and outreach,” said Chuck Sulerzyski, Peoples Bank CEO and president. “The case competition is an opportunity for undergraduate students from multiple institutions to invest time and effort in competing with their peers to provide a solution to a real-world business scenario. The competition allowed us to acquaint ourselves with potential candidates for employment and for students to become familiar with the area. We’re looking forward to the competition growing next year.”
In addition to the competitive opportunity, participants interacted with business leaders in the financial services industry and received valuable feedback on the results of their work.
The event was hosted by the McDonough Center at Marietta College.