Daily News: April 15, 2013

Fordham Wins Annual ACG Cup-New York For Second Time


The Association for Corporate Growth (ACG) announced that Fordham University Graduate School of Business has taken first place in its Annual ACG Cup-New York, an annual competition designed to provide real world experience to students in leading metropolitan New York business graduate programs in a variety of subject areas, including mergers and acquisitions, investment banking, financial advisory and private equity, ACG New York announced. ACG said it was the second consecutive win for Fordham.

The four-student team was given a case study and asked to provide financial advice to a panel of seasoned mergers and acquisitions professionals, who were role playing as investors from a hypothetical private equity firm. Fordham University beat out 42 other teams from graduate business school programs at six other universities in the New York region to take home the coveted $10,000 prize. This year’s other participating universities were runner-up New York University, Baruch University, Cornell University, Hofstra University, St. John’s University and Pace University.

“The dramatic increase in interest and number of teams in our fifth year of competitionup from 22 teams last yearunderscores the interest at business schools in the art of deal-making,” said Kathy Nalywajko, ACG CupNew York competition chair and a principal at Legg Mason Investment Counsel. “It results from the experience of prior-year teams, who have spread the word about this event.”

For more information about this awards and its winners, click here.