One Day, Triple Play: 3 Competition Wins in Finance and Sustainability

Braving the cold: Akshay Yadav, Jessica Holland, and Carl Olson (not shown: My-Thuan Tran). All are MBA 16.

Big Impact in Boulder

The Win: First place in the Leeds Net Impact Case Competition in Boulder, Feb. 20-21

The Team: Akshay Yadav, Jessica Holland, Carl Olson, and My-Thuan Tran, all MBA 16

The Field: Twenty-five teams of four graduate students each, competing to solve real-world sustainability business cases

The Pitch: Our team was asked to plan the optimal coastal restoration infrastructure for a city that is facing a growing threat of erosion and severe flooding due to climate change. Our approach was to minimize costs and risks and develop a diverse capital expenditure plan to ensure long-term protection. Our solution was a three-pronged approach of green infrastructure funded by water protection taxes; earthen berms funded by FEMA grants; and wetlands protection funded by wetlands mitigation banking.

The Clincher: One thing our team kept top of mind was the Haas defining principle “question the status quo.” The solution we came up with was not a conventional way of financing similar projects, according to our research. However, we knew we needed to take a bold approach for a bold solution. We worked to mitigate the risks in our proposal, and we prepared for the tough Q&A session.

The Investment Club team, left to right: Miran Ahmad, MBA 15; Carl Choi, MBA 16; Scott Furumoto, MBA 15; and Zane Keller, MBA 15

The Investment Club team, left to right: Miran Ahmad, MBA 15; Carl Choi, MBA 16; Scott Furumoto, MBA 15; and Zane Keller, MBA 15

Stars in LA

The Win: First place in the Fink Center Stock Pitch Competition at UCLA on Feb. 20

The Team: Miran Ahmad, MBA 15; Carl Choi, MBA 16; Scott Furumoto, MBA 15; and Zane Keller, MBA 15, all of the Haas Investment Club

The Field: MBA students from 10 other business schools across the country

The Pitch: Our team, “Get Shorty”, pitched a short recommendation on insurance company Assurant in the first round. Living up to iour name, we also decided to short Chinese e-commerce company Alibaba in the final round. We defended our investment thesis in front of a panel of judges, from hedge fund managers to equity research analysts.

The Clincher: While our team fielded difficult questions during the Q&A, one judge later remarked that what helped the us stand out was our ability to defend its thesis confidently but without sounding defensive. 

Veteran team member Zane Keller believes that the difference came down to the team’s decision to take a controversial short position on final round stock Alibaba.  “After thoroughly reviewing the macroeconomic assumptions and the underlying fundamental growth projections required to justify its lofty stock price, we knew it would be difficult to make a long recommendation.”

RotmanWinFeb2015

Going International in Toronto

The Win: 2nd Place in the Rotman International Trading Competition, the largest trading competition in the world, in Toronto, Feb. 20

The Team: Master of Financial Engineering students Simon He, Yi Lu, Tanya Gupta, Tong Lu, Wontai Cho and Maoqi Wang, all MFE 15. MFE Lab Manager Charles McCutchen helped prepare the team.

The Field: More than 50 teams from universities around the world, including MIT, Columbia, NYU, Princeton, the London School of Economics, and 1st-place winner LUISS Guido Carli/University of Rome.

 

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