04.11.2021 Views

2019 - 2021 FMA Magazine

FMA Magazine covers events and programming for 2019 - 2021, including Auburn University Student Investment Fund performance.

FMA Magazine covers events and programming for 2019 - 2021, including Auburn University Student Investment Fund performance.

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

DUFF DYNASTY<br />

YOUniversity Deal Challenge national<br />

champions for the second consecutive year,<br />

and <strong>2021</strong> winner of the international title.<br />

Students in Harbert College’s Financial Management<br />

Association (<strong>FMA</strong>) are Duff & Phelps YOUniversity Deal<br />

Challenge national champions for the second consecutive year.<br />

But they didn’t stop there. The 2020 – <strong>2021</strong> team elevated their<br />

game this year and brought home the international title, beating<br />

out the regional winners from Europe, India, and Asia.<br />

38 <strong>FMA</strong> <strong>2019</strong>-<strong>2021</strong> MAGAZINE<br />

In February 2020, Jenny Herrell, <strong>FMA</strong> vice president and<br />

ASIF CIO led the team that included fellow <strong>FMA</strong> members,<br />

Jonathan Hu and Kennedy Jarvis to Auburn’s first national<br />

title. The final round presentation was held before judges in<br />

Chicago. “Working in teams, students apply technical reasoning<br />

and critical thinking through key stages of the deal-making<br />

process. Together, we put these skills to work as we solved a<br />

complex transaction related to a key stage in business dealmaking,”<br />

Herrell says. Jonathan Hu attributed the success<br />

to team dynamics: “Going into Chicago and pitching our<br />

recommendation to a panel of judges who each had decades of<br />

experience in the industry was definitely a tall task for a few<br />

undergraduate students,” he said. “However, each of us made<br />

sacrifices and put forth our best effort in the months leading<br />

up to the competition. Our team dynamic, along with proper<br />

training and advice from the <strong>FMA</strong> organization and alumni<br />

ensured that we went into that room confident and prepared.”<br />

Duff veteran, Kennedy Jarvis, went on to lead the team this year,<br />

with Sam Colvin, a junior in mechanical engineering, and Nick<br />

Thompson, a sophomore in accounting and finance. The pitch<br />

wowed industry professional judges with their pre-COVID and<br />

post-COVID valuations of a multi-chain restaurant company in

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!