Westminster Students Place 1st, 3rd in 2018 National Business Valuation Challenge
April 2, 2019
Congratulations to Professor Rick Haskell and the 12 students he took to Atlanta on November 17, 2018, to compete in the 6th annual national Business Valuation Challenge at Georgia State University. The two teams representing Westminster College won 1st and 3rd place awards, respectively!
Every year, business schools and colleges around the country send teams of three to five students, who assess the stand-alone value of an actual private company. Twenty-one distinguished valuation experts from around the country holding senior-level positions in their firms act as judges during the preliminary and final rounds of the contest. This is a very competitive event and getting to the finals, which this year comprised eight teams, is tough enough. However, to take both first place (the highly coveted Kierluff Cup) and third place is truly amazing! Our students competed against institutions such as Tulane, Auburn, Georgia State, and other highly regarded schools. The teams’ extraordinary accomplishments at the Challenge are a significant validation of the work of our Finance faculty and the valuation program Rick worked to develop, as well as a significant nod to the work of our School to train future business leaders.
Many congratulations to Rick and the 12 students: Michael von Ballmoos (Finance), Cam Valle (MBA), Kucharath Bunnarith (Finance and Accounting), Oskar Vollo Rosberg (Finance), Grayson Massey (Finance), Luis Chavez (Finance), Mateo Zapata (Finance), Dorothy Zhou (Finance and Accounting), Nate Wade (Finance), Alex Herrmann (Finance), Weston Lackey (Finance), and Harry Cross (MBA). Funding for the travel expenses of Rick and the teams was made possible by generous support from ASW Senate, the Accounting Club, Cid Seidelman, an anonymous donor, and the Gore School of Business.