Each semester, students in the final-year Equity Valuation classes (ADM 4350 and ADM4750) take part in a real-world, real-time project, competing with each other to advise a business that is facing a difficult situation. Led by Professor Nitani, students during the winter 2017 semester tackled a challenge being faced by Dragonwave Inc., a company that offers high capacity broadband wireless networking systems for network operations and service providers.
Scott, a member of the winning team, described his experience: “The competition challenged my team’s ability to separate the information that truly mattered from all of the noise. We also had to actively fight our own biases as we created our valuation and storyline for the company.” According to Scott, his team brought many different strengths to the table, which ultimately sold the judges on their investment recommendations. Scott has one semester left of his undergraduate studies before he graduates in December. He’s currently one of the Capital Fund’s Portfolio Manager Leaders and will be working in investment banking at BMO Capital Markets this summer.
For Roma, another member of the winning team, the Equity Valuation case competition was the most all-encompassing and fun competition of his undergraduate studies. He really enjoyed the challenges associated with valuating a small public company, exploring the possibility of an acquisition, and presenting his team's hard work to fellow classmates, faculty, and industry professionals. After his graduation in June, Roma will be working as a Private Equity Associate at an Ottawa-based firm while pursuing his CFA designation.
Congratulations to the winning team:
- Roma Stepanchenko
- Scott Beiersdorfer
- William Tu
