Bissett Insider

2nd Annual MRU RMA Commercial Lending Case Competition was a huge success

The Risk Management Association of Alberta, in conjunction with the MRU Financial Student Organization (FSO) hosted the second edition of the MRU RMA Alberta Commercial Lending Case Competition this past September. The competition is modeled after RMA competitions held in the United States and MRU is currently the only western Canadian University to offer a case competition in this format.

Building upon the success of  last year’s inaugural event, the organizers were happy to  report a 40% increase in student involvement for this year.  This year’s competition seen  10 teams comprised from 38 Bissett BBA student participants  plus six student volunteers to handle the logistics throughout the event. There were also nineteen RMA commercial credit professional-executives and ten faculty and senior management members in attendance. Each of the teams were provided with a dedicated industry mentor to give individualized advice on their analysis.

It was an outstanding few days of learning, mentor-ship and networking! ” – Cathy Roy-Heaton

Each team was evaluated on their written and oral summary, identification of key risks, mitigation of risks, key ratio and financial analysis of the case, as well as their ability to professionally and concisely communicate their findings and defend their recommendations. The teams were extremely competitive as all ten teams placed within 15% of the first place team and there was only 1.2% differential between the 1st and 3rd placed team!

FIRST: $1400 prizeMatt Carson, Kyle McDonald, Riley Lyster, Connor Studer
SECOND: $1000 prize:  Jacob Frank, Deynira Calderon, Ivonne Abarca, Mohsen Esmaili
THIRD: $600 prize:  Alex MacLean, Alex Campbell, Leutirm Bajraktari, Jared Benoit
The RMA raised funds from several financial institutions and provided a prize pool of $3000.00, exceeding the organizers expectations.
Cathy reports that the RMA partners, the judges, the organizing committee and the mentors were impressed with the quality of the analysis, the students’ eagerness to learn and their professionalism.
Bissett congratulates all of the student participants and sends special thanks to our industry partners that made this event possible. A special thanks to Associate Professor, Cathy Roy Heaton for her leadership and mentoring of the students as well as Associate Professor, Carleton Osakwe,   Associate Professor, Tashfeen Hussain and Chair, Reza Chowdhury.
“Many of the students thanked me for the opportunity to be engaged in this experience. No question this is at the heart of what we stand for in the Bissett School of Business. Thank you for making this an impactful learning experience for our students”  – Dean, Elizabeth Evans

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