Two MBA students from the University of Michigan-Flint School of Management are advancing to the final round of competition in the Association for Corporate Growth (ACG) Cup. Christopher Enge and Gerald Najano made a 30-minute presentation that included answering questions from the panel of three judges during the competition held on January 29.
The ACG Cup is a case study competition designed to give students from leading MBA programs across the country real world experience and invaluable insight into mergers and acquisitions, investment banking, financial advisory, and private equity.
"The team led by Chris Enge and Jerry Naranjo impressed the ACG Cup judges more than any MBA team I have seen participate over the previous years", said Dale Tuttle, UM-Flint professor. "I was particularly pleased to see them incorporate a Monte Carlo simulation technique that Professor Ted Williams had introduced earlier in the MBA program. The analytical sophistication demonstrated by this team combined with the team members' ability to communicate clearly and persuasively should serve them well in the final round."
Gerald Naranjo, a member of UM-Flint's winning team, felt the experience was worthwhile. "The ACG Cup competition provides an opportunity to enhance and directly utilize some of what you've learned. Anyone in our MBA program who's interested in learning about mergers and acquisitions and making professional contacts in the financial sector should make getting into next year's competition a priority", said Naranjo.
In addition to UM-Flint, top teams from the Broad College of Business, Michigan State University; Walsh College, Troy; University of Detroit Mercy; the School of Business Administration, Wayne State University; and the Stephen M. Ross School of Business, University of Michigan will compete in the second and final round of the competition, which will be held at Walsh College in Troy on Saturday, March 5, 2011. Teams will be competing for a top prize of a $10,000 scholarship.
The ACG Cup competition is presented by the Association for Corporate Growth, an international organization and leading authority on corporate growth. Information regarding the ACG Cup can be found at http://chapters.acg.org/detroit/.