Meet the UVM FECC Team
- By Elizabeth Parent
As preparations for the first-ever Global Family Case Competition (FECC) begin to wind down, practice sessions for the four students representing the University of Vermont School of Business Administration are starting to heat up.
“There is a lot of work that goes into preparing for these case competitions,” said Elizabeth Bernier, a senior business student.
Bernier, Tom Bazzano, Kyle DeVivo and Jake Webber have been selected to represent UVM at the competition. They have been holding many practice sessions and immersing themselves in all issues pertaining to family business.
“You cannot just jump into a case and get to work analyzing it,” Bernier said. “You have to learn about the industry, topic and business that the case pertains to.”
“I wanted to participate in FECC because my family owns a business and I was interested in studying situations different family business have found themselves in,” said Jake Webber, a sophomore business student. “So far, I have learned some of the basic concepts of family business, as well as developing my ability to read and analyze a case.”
Family-controlled enterprises serve as the economic engine of society, creating an estimated 70-90% of the global Gross Domestic Product (GDP), according to the Family Firm Institute. Despite that figure, education about family enterprises has been slow to develop until now.
“While family enterprises dominate the economic landscape and are the biggest contributors to job creation and communities, there was no case competition in the world that exclusively focused on family enterprises,” said Dr. Pramodita Sharma, of the University of Vermont School of Business Administration. “We are thrilled to launch this competition in January 2013. While preparations are already in full swing for this event, teams are already signing up for the 2014 FECC to ensure a spot for their institution.”
The FECC, which is being held January 9-12, 2013, will match undergraduate and masters students enrolled in universities and colleges with the world’s finest family business programs. Sixteen teams from around the world will participate in this annual event. The teams are:
· Universidad de San Andres, Argentina
· Universidad de Chile, Chile
· Universidad de los Andes, Colombia
· Universidad Panamericana, Mexico
· Esade Business School, Spain
· Jönköping International Business School, Sweden
· Windesheim University of Applied Sciences, Netherlands
· Universiti Tun Abdul Razak, Malaysia
· Concordia University (John Molson School of Business), Canada
· Dalhousie University, Canada
· Wilfrid Laurier University, Canada
· Grand Valley State University, Michigan, USA
· Kennesaw State University, Georgia, USA
· Stetson University, Florida, USA
· Syracuse University, Florida, USA
· University of Vermont, Vermont, USA
“I am looking forward to meeting a lot of new people and competing against some of the top business schools around,” said Tom Bazzano, a senior business student. “I would highly recommend other students doing these competitions. They are loads of fun and really challenge your business skills.”