TROY, MI – Walsh College announced today that its team took first place in the sixth annual Association for Corporate Growth (ACG) Detroit Cup hosted at Michigan State University’s Management Education Center in Troy on February 9. The ACG Cup is a case study competition designed to give students from leading MBA programs across the country real-world experience and invaluable insights into mergers and acquisitions, investment banking, financial advising and private equity.
The Walsh team defeated three other MBA teams from the Eli Broad College of Business at Michigan State University, the Stephen M. Ross School of Business at the University of Michigan, and the Wayne State University School of Business Administration.
Walsh’s teams have placed in the top two since the ACG Detroit competition began in 2008, marking itself as the most successful team in the competition’s brief history. Walsh College was also victorious in 2008 and 2011.
“We are very proud of our students and their continued success in the ACG Cup,” said Stephanie Bergeron, president and CEO of Walsh College. “Winning for the third time shows that we are one of the premier business institutions in the state of Michigan, producing students with a strong business acumen that can be applied in real-world situations.”
As part of the competition, each of the four teams, composed of three to five MBA students, were given a real business case to analyze. On Saturday, they presented their final findings and recommendations to a panel of judges. The winning team from Walsh was comprised of three graduate students – Michael Manetta (Troy, MI), Ryan Drews (Royal Oak, MI), and Mark Lashbrook (Marysville, MI).
A total of $16,000 in scholarship money was awarded during the competition. In taking first place, Walsh College received the ACG Cup and the Walsh team was awarded $10,000; the second place team received $5,000; and each of the remaining teams was awarded $1,000.
Walsh College, along with the second place team, the Stephen M. Ross School of Business at the University of Michigan, will go on to compete at the ACG Cup Intrastate Competition against the top two teams from the ACG Western Michigan Cup on Saturday, March 23. The winner of this competition will receive an additional $5,000 cash prize.
Corporate sponsors of the ACG Cup are Conway MacKenzie, Ernst & Young, Fifth Third Bank, Huntington Bank, Huron Capital Partners, Maynards, UHY Advisors, and Pinsent Masons.
Southeast Michigan’s Walsh College (www.walshcollege.edu), a private, non-profit all-business college that is one of Michigan’s largest graduate schools of business, integrates application and theory to prepare graduates for successful careers. The College offers degrees at the bachelor, master, and doctoral levels in the classroom and online. Fields of study range from accounting and business administration to information assurance and taxation. Professional certificate programs are also offered. Walsh College is accredited by The Higher Learning Commission of the North Central Association of Colleges and Schools (www.ncahlc.org; phone: 312-263-0456) and the International Assembly for Collegiate Business Education (IACBE, www.iacbe.org). The Accreditation Council for Business Schools and Programs (ACBSP, www.acbsp.org) accredits specific degree programs.
The Detroit Chapter of the Association for Corporate Growth (ACG) is a premier organization of corporate growth driven professionals with more than 300 members. The ACH Detroit Chapter’s members work in corporate growth, corporate development, and mergers and acquisitions. Worldwide, the ACG is represented by 53 chapters and 12,000 members.
Brenda Meller / Walsh College Director of Marketing / firstname.lastname@example.org / 248.823.1205