On Friday, January 20, 2012, four students from the MS Accounting (MSA) capstone course, Accounting & Assurance Project, participated in the Association for Corporate Growth (ACG) Cup competition. The competition is held each year and The University of Akron's College of Business Administration was represented for the second consecutive year. Members of this year's team were Paul Racketa, Kristian Doty, Nathan Zeigler, and Ian MacEwen. Dr. Thomas Calderon, professor of accounting, who is in charge of the capstone course in the MSA, served as the faculty mentor for the team. The team finished third, ahead of teams from Ohio State, Kent State, John Carroll, Baldwin Wallace, and Cleveland State. Case Western and Ohio State had three teams each. Teams from Case Western won first and second place.
The ACG Cup is a case study competition designed to give students from leading graduate programs in business from across the country "real world experience and invaluable insights into mergers and acquisitions, investment banking, financial advisory and private equity." Each case study provides students with a unique opportunity to present valuation, capital markets and M&A strategic advice to a panel of seasoned M&A professionals from within the ACG community. The competition is carried out through a series of intra-school and regional competitions, with regional winners awarded the prestigious ACG Cup title and cash awards.
ACG Chapters nationwide host ACG Cup competitions, enabling ACG members to forge closer relationships with the leading business schools in their region, introducing the next generation of business leaders to the premier M&A, corporate growth and corporate development community, the Association for Corporate Growth.
"Participating in the ACG Cup provides students with unparalleled opportunities, including access and exposure to M&A professional, real-world financial experience, opportunity to work as an investment banker for a week, application of classroom studies, and over $200,000 in scholarship and awards distributed."
Kristian Doty really enjoyed participating in this event, saying, "Participating in the ACG Cup was one of the most fulfilling experiences of my life. It was completely out of my comfort zone, but
that's what made it rewarding in the end. I was able to tackle something new and
come out on top. I felt limitless."