News Release

REF NO.: 54

SUBJECT: Memorial MBA students win international business competition

DATE: January 9, 2017

A team of four graduate students from Memorial University has won the 2017 Concordia Cup at the 36th John Molson MBA International Case Competition.

Kate Boland, Stephanie Daley, Nick Lane and Greg Piercey, all of whom are students in the master of business administration (MBA) program at Memorial’s Faculty of Business Administration, won the cup and a $10,000 cash prize on Jan. 6 after defeating the University of Calgary and Queensland University of Technology from Australia in the final. The team is coached by Dr. Peggy Coady, associate dean (course-based master’s), at the business faculty.

This marks the fifth time Memorial has won the Concordia Cup — more than any other school in the world. Previous wins came in 1988, 1990, 1991 and 1996.

“We are extremely proud to have represented Memorial in this challenging event, competing with some of the best MBA students in the world,” said Mr. Piercey. “We learned so much through our preparation and at the competition. It was a tremendous learning experience and we had a lot of fun. Win or lose, this experience has been the highlight of our MBA.”

The John Molson MBA International Case Competition is the largest competition of its kind in the world. Organized by MBA students at Concordia University in Montreal, it challenges MBA students from the world’s top business schools to evaluate real-world business cases and offer solutions which they present before a panel of judges from the Montreal business community.

During the round robin and semi-final, Memorial also defeated Canadian teams from Asper Business School at the University of Manitoba; Odette Business School at the University of Windsor; and Degroote School of Business at McMaster University, as well as Barna Business School, Dominican Republic; University of Kaiserslautern, Germany; and Aalto University, Finland.

Thirty-six teams from 18 countries took part in the competition, held Jan. 2-6 in Montreal, Que.

Memorial is one of the few schools to have won all three of the competition’s major awards, which aside from the Concordia Cup includes the Richard Outcault Team Spirit Award and the Dr. J. Pierre Brunet Coach Award.

“Our MBA case team receives tremendous support from our alumni, business community and faculty members who serve as judges of the team’s practice case presentations during the fall semester. The preparation we undertake for competitions like this is crucial for our students’ success and we are very grateful to all our supporters,” said Dr. Coady, who was a member of the 1996 winning team as a MBA student. That team was coached by Dr. Alex Faseruk, who recently retired from the business faculty.

All four team members also received undergraduate degrees from Memorial. Ms. Boland, Ms. Daley and Mr. Lane are honours graduates of the bachelor of commerce (co-operative) program and Mr. Piercey holds a bachelor of engineering degree.

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