Bragging Rights: Finance Students Earn Third Place in National Valuation Competition

Posted: May 21, 2010 at 1:02 am, Last Updated: May 20, 2010 at 4:10 pm

Three Mason School of Management students comprised one of the finalist teams in the inaugural National Case Study Competition hosted by independent financial advisory and investment banking firm Duff & Phelps.

The team came in third overall in the competition.

The competition was the first to challenge students from schools across the country to solve a complex business valuation problem, culminating in a final round of oral presentations at Duff & Phelps’ New York headquarters on May 14.

The finalists from Mason were all junior finance majors: Dale Hersey, Elyor Tulyaganov and Tserendorj Batsambuu.

The team was advised by Shelly Canterbury, a Mason finance instructor who has taught courses in core financial management, financial institutions management and financial statement analysis and valuation. Her research interests include analysis and valuation techniques for “for profit” companies and integrating technology into finance instruction.

“The student participants in the national Case Study Competition have demonstrated an impressive ability to process accurate pricing information in a ‘real world’ context,” said Noah Gottdiener, chairman and chief executive officer of Duff & Phelps.

“Through this kind of enriching extracurricular activity, the business community can better prepare the next generation of financial professionals to deliver reports and data that will withstand the scrutiny of business leaders, investors, consumers and regulators.”

A panel of judges composed of nationally recognized valuation experts, academics and Duff & Phelps professionals determined the winners.

The problem presented to students in this year’s competition involved preparing a fairness opinion for a master limited partnership that was evaluating whether or not to enter into an agreement with a pipeline company. More information on the competition is available online.

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