'A competitive advantage': Preparation key to first- and second-place finishes for Memorial University business teams at global finance competitions

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Starting next week, submitting Obituaries, In Memoriams or Cards of Thanks for our publications and online becomes easier! Simply visitUndergraduate business students at Memorial have had a busy few months as two teams took home first and second-place spots at two different finance competitions.The other group, comprised of four women, travelled to the William & Mary Women’s Stock Pitch Competition in Virginia and placed second.

Nathan Young, a competitor in the Van Berkom competition, said because the competition is timed, his team prepared immensely. Nathan Young, right, said his team spent months doing practice runs at Memorial University so when they arrived at the Van Berkom Small Cap Case Competition in Montreal, that they knew exactly what do. From left are Russell Noseworthy, Pedro Gruner, Aryan Falke and Young. - ContributedBut instead of accepting defeat, Young said the team used the feedback to their advantage.

“Placing second among such strong competition reaffirmed our hard work, and showcased the talent present at MUN,” said SmithFor their leg of The William & Mary competition, the team had to argue for or against investing in a company, Smith said they chose to pitch Birkenstock, a recent IPO, that aligns with the principles her team stands for."We were competing against top global and Ivy League universities, we knew the competition wouldn’t be easy," said Smith.

 

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