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Cara Scadden

Team of Students Reaches Finals at University of Michigan Stock Competition

by Cara Scadden Wednesday, November 1, 2017

Four undergraduate students in the Capital Management Club (CMC) competed at the end of October in a stock pitch competition at the Engage Undergraduate Investment Conference. The conference and competition are hosted by the Michigan Interactive Investments at the Stephen M. Ross School of Business

The team of students reached the finals of the competition along with the University of Texas at Austin and the University of Florida (final winner). The CMC team included Wendy Lee (senior and MS ASAP student), Phil Gronstedt (senior), Michael Orke (junior and AEMR student) and Nick Okun (sophomore). 

Students were tasked with pitching an equity either long or short in front of a panel of professional investors. Pitches were evaluated on the quality of the idea, analysis, and overall presentation. The CMC team pitched Albermarle as a long.

There were 23 total teams in the competition, including the University of Wisconsin.

-Carnegie Mellon University 

-Christopher Newport University 

-College of William & Mary 

-Emory University 

-George Washington University 

-Georgia Tech University 

-Miami University of Ohio 

-Michigan State University 

-New York University 

-Oberlin University 

-Purdue University 

-San Jose State University 

-Syracuse University 

-University of California, Berkeley 

-University of Connecticut 

-University of Florida 

-University of Michigan 

-University of Missouri- Kansas City 

-University of Notre Dame 

-University of Southern California 

-University of Texas at Austin 

-University of Virginia 

-University of Wisconsin