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.
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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