UVM Team Prepares for International Case Competition
- By Elizabeth L. Parent
Five business students are preparing to represent the University of Vermont at the John Molson Undergraduate Case Competition (JMUCC) in Montreal later this month.
“This has been one of the most challenging and most exciting experiences for me,” said Alyssa Hoyt, a junior business student concentrating in finance.
Alyssa Hoyt, Brad Opsahl, Joseph Nerone, Seth Gilbert and Tommy Barkovic (alternate) comprise the first University of Vermont School of Business Administration case competition team. In all, 20 teams from internationally renowned business schools will put their creative and analytical skills to the test February 19-24.
“The case competitions develop the skills of students, who within three hours, take a business problem with very complex and incomplete data, analyze this problem and present a practical solution through an engaging presentation to business people,” said Dean Sanjay Sharma, of the School of Business Administration. “This prepares them for success in careers, job interviews, and better decision-making.”
Throughout the course of the competition, each team will be required to apply the knowledge and skills they have acquired in the classroom towards solving actual business cases. Once the analysis is completed, each team will present their recommendations, as well as a detailed plan of action to a panel of corporate executives who will evaluate the students' presentations.
“I am especially looking forward to observing the opinions, experiences, and cultural influences that come to play in an international setting with a very diverse group of students,” said Joe Nerone, a senior pre-med and business student concentrating in finance.
“The students have been spent 10-15 hours a week preparing for this competition since January 1st,” said Thomas Chittenden, case competition coach and full-time lecturer at the School of Business Administration.
“We practice in the same format as the competition itself,” said Seth Gilbert, a junior business student concentrating in finance and accounting. “We then present to faculty members and receive comments.”
“This has been a learning process where every week we improve,” said Hoyt. “We are all becoming very good with timing in terms of preparing the case and knowing how much time to spend doing each task.”
“In preparing to join the professional realm after graduation, I know I feel much more comfortable working within time constraints, running through presentations to larger groups, and generally being able to think about problems with a greater scope,” said Bradley Opsahl, a senior business student concentrating in finance and accounting.
“I have gained increased presentation skills (including PowerPoint skills), better skills working with a group regarding a time sensitive deadline and how to better analyze cases,” said Gilbert. “We make significant progress every week and are looking forward to competing.”