Georgetown McDonough Undergrads Shine at Investment Competition
On January 10, 2013, Georgetown University McDonough School of Business seniors Charles Kim, Yuchen Liu, Oltan Akin, and Yi-Hsien Ho participated in the National Investment Banking Competition and Conference, run by students at the University of British Columbia's Sauder School of Business in Vancouver, Canada.
The competition specifically focused on investment banking. The students had six hours to review a case and to apply their accounting knowledge, working through real financial models to create realistic investment banking advising options.
By participating in case competitions such as NIBC, students learned first-hand how to synthesize the data presented with the classroom knowledge.
According to Charles Kim, however, perhaps the most important lesson learned is that "despite all the finance and math involved behind the scenes, the most important aspect was to be a persuasive marketer."
"Unfortunately, we did not win the competition, but learned just as much by competing in it and had an invaluable experience," Kim said. "We wanted to thank Georgetown McDonough Undergraduate Program for sponsoring our trip to Vancouver. For all of us, this competition was the ultimate corporate finance experience."