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REF NO.: 152

SUBJECT: Business students capture second place finish in international competition
DATE: April 14, 2008

            Four Memorial business students have finished in second place in the Network of International Business Schools (NIBS) case competition in Coventry, United Kingdom.
            Team members Samantha Attwood, Erin Gullage, MaryBeth Hanrigan and Adam Power are all accounting students in Memorial’s bachelor of commerce (co-op) program. Prior to attending the competition the four business students had spent the winter semester studying at Memorial’s Harlow Campus in England.
            Professor and competition coach Peggy Coady believes that this international experience benefited the students during the competition.
            “Throughout the competition the students referred to material they had studied in Harlow such as international business law with Professor George Cummins and business ethics with Dr. Bob Sexty,” Prof. Coady said. “This coupled with a strong presentation style led to excellent feedback from the judges.”
            In round robin play the Memorial team competed against teams from around the world, such as the International Business Academy (Denmark), Leuven School of Business and Economics (Belgium) and the host school, Coventry University. 
            Memorial emerged as victors in the semi-final round against the University of Missouri and faced Helsinki School of Economics in the finals.
            “I am very proud of our students and their accomplishments. Reaching second place in a competition of NIBS calibre is a testament to their hard work and the quality of the programming we offer in the Faculty of Business,” said Dr. Gary Gorman, dean of the Faculty of Business Administration.
            The NIBS Case Competition is the oldest undergraduate case competition in the world. Teams are given a business case to analyze, on topics such as banking to low income populations in South Africa or the business model for Airbus, and present their results to a panel of judges.
            NIBS was established in 1993 to bring together business schools that believe that economic globalization is essential in the evolution of managerial practices. Member institutions work together to promote student and faculty exchanges and interactions, exchange ideas, and set up joint teaching and research programs while sharing mutual recognition of qualifications.

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