JMSB Reaches the Podium at TD Financial for the Third Year in a Row
Samer Balaghi, Michel Berger and Mathieu Milliand represented Concordia University’s John Molson School of Business (JMSB) at the TD Financial Case Competition hosted by University of Ottawa’s Telfer School of Management. The team put on an impressive performance, finishing in third place. The team has participated in the competition three times and has reached the podium every time, having finished first in 2010 and third in 2011.
The weekend-long competition had the team analyzing and presenting two cases. “The first day, the case involved a private equity investor exiting a business (KTM Motorcycles),” explained coach, Amr Ezzat. “All the teams recommended an exit through an IPO, except for the JMSB team. The team recommended that KTM issue debt to facilitate the exit of the private equity investor. The judges dismissed our recommendation and we ended up ranking in the bottom half after day one. We researched the case afterwards and, in reality, the company did in fact issue debt, so as you can imagine, the team was very disappointed with the rankings.”
“The team put this behind them and put their emotions to good use,” said Ezzat. “The second case was an IPO case involving valuation and implementation. Our team ended up first on day two by a large margin. The team presented with confidence and lots of charisma. They also stood by their recommendation, even when the judges told them they were wrong. They should be extremely proud.”
The final overall standings were:
- University of Waterloo
- Telfer School of Management, University of Ottawa
- John Molson School of Business, Concordia University
The team would like to thank Amr Ezzat for training the team, and Head Coach and Advisor to the Competition Program, Mark Haber for his support and dedication.
The team would also like to express its deepest gratitude to exclusive sponsor Pfizer Canada for their support and encouragement of the case competition program.
For more information about the competition, please contact the John Molson Competition Committee at info@jmcconline.ca .