MARIETTA - Marietta College was awarded third place in the second annual Peoples Bank Undergraduate Business Case Competition on Feb. 1.
Members of the team, which earned $500, are students Rachel Hartong, George Bloomfield and Kelsey Wells and faculty adviser Holly Dexter.
First place and $1,500 was awarded to Marshall University and second place and $1,000 went to University of Charleston.
Peoples Bank President & CEO Chuck Sulerzyski, far right, poses with the third place team, Marietta College, in the Peoples Bank Business Case Competition on Feb. 1 in Marietta. Team members include: (students) Rachel Hartong, George Bloomfield and Kelsey Wells, and faculty adviser Holly Dexter.
Participating were Ashland (Ohio) University, Marietta College, Marshall University, Muskingum University at New Concord, Ohio Valley University, University of Charleston (W.Va.) and University of Mount Union (Ohio).
Each team presented its business case response to a panel of judges and consisted of four students working on their undergraduate degree and a faculty adviser. Teams were given one month to devise a solution for a fictitious financial services-related business case.
The case addressed multiple geographical regions and multiple functional areas (i.e. strategic planning, finance, marketing, and so forth). Presentations were 30 minutes in length, followed by a 15-minute question-and-answer session with the judges.
"Peoples Bank is committed to investing in our communities through educational development and outreach," said Chuck Sulerzyski, Peoples Bank CEO and president. "The Case Competition is an opportunity for undergraduate students from multiple institutions to invest time and effort in competing with their peers to provide a solution to a real world business scenario. The competition allowed us to acquaint ourselves with potential candidates for employment and for students to become familiar with the area. We're looking forward to the competition growing next year."
In addition to the competitive opportunity, participants interacted with business leaders in the financial services industry and received valuable feedback on the results of their work.
The event is hosted by the McDonough Center at Marietta College.