Bissett Insider

2020 BASS managerial case competition a success

On January 24th, the Bissett Accounting Student Society (BASS) held their annual managerial case competition on campus.
The winners of the competition were as follows:
  • 1st- Linda Tran & Sohaib Abbas
  • 2nd- David Koter & Garret McMullen
  • 3rd- Mezha Sikandar & Aaesha Azhar
1 ST. Place BASS Competition
2nd Place BASS Competition 2020
3rd Place BASS Competition
Congratulations to all the winners and all student participants. Special thank you’s are extended to the BASS executive, the volunteers and  the  judges: Kate Schiller from KPMG, Amy McHarg from Pembina, Dave MacPherson from Bissett School of Business, Kelvin Ng from PwC.

Networking Day 2020: A direct link to the workforce

January 30th seen the latest edition of the Networking Day 2020: A direct link to the workforce  and it was a big success!

Focusing the workshops on building interpersonal skills to aid in effective networking, and providing a conduit to companies actively recruiting through the Career Expo, provided the experiential impact that Bissett School of Business offers our students.

On behalf of the Bissett and Communications Studies faculties, we thank the organization committee, the many faculty, students and staff volunteers as well as our valued alumni for their participation.

ND – Workshop
ND – Finance Workshop
ND – Workshop
ND – Career Expo
ND – Career Expo
ND- Career Expo
ND – Roderick Mah
ND- Supply Chain Breakfast

Bissett student, Mary Serafini receives Canada’s Outstanding CEO of the Year Futures Fund Scholarship

The Bissett School of Business is very proud to have selected Bachelor of Business (BBA- Finance) student, Mary Serafini as their successful candidate for Canada’s Outstanding CEO of the Year Futures Fund Scholarship Award. Bissett was one of 10  business schools across Canada chosen to  award one of their best and brightest students for 2019. The selection was based on students who demonstrated exemplary academic and leadership skills in their extracurricular endeavors. Mary received a $7500.00 bursary and a trip to Toronto to attend the Awards Gala on February 12, 2020.

Mary’s academic success and record of service has been recognized with many academic awards including the MRU President’s Scholarship, Bissett Scholarship for Excellence in Business, Louise McKinney Scholarship and the CFA Program Awareness Scholarship .

In September of 2018 Mary was selected to represent Mount Royal University on the CFA Institute Research Challenge Team; after months of preparation, Mary’s team presented their valuation report to industry judges and was subsequently selected as a finalist in the Canadian Prairies Division. Mary cites this opportunity as one of the highlights of her studies at Bissett School of Business.

A passion for academics and a strong belief in service to others, led Mary to mentoring first year business students in the MRU MAPS Peer Mentorship Program and tutoring finance students through Student Learning Services. Her keen interest in academics and her passion for giving back, has had real impact on the students she has mentored as well as those peers she has worked collaboratively with throughout the first years of her degree .

After her graduation in June of 2020, Mary plans on pursuing her CFA designation and, thereafter, a career in Finance, but also plans to stay connected to Mount Royal through the university’s mentorship program.

Mary represents the very best of today’s Bissett students and tomorrow’s leaders: dedicated, passionate and committed to her community.

Congratulations Mary!

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

7th Annual JMH LaunchPad Pitch Competition another huge success!

The JMH LaunchPad competition is in its seventh year of recognizing and rewarding MRU student entrepreneurs.  Hosted by the Institute of Innovation an Entrepreneurship, the annual competition has become a 300 seat sell-out event filled with investors, students, and community members who come to see the student entrepreneurs pitch their ventures for a chance at $80,000 in start-up funds (cash and in-kind services). The student entrepreneurs at Mount Royal University continue to impress  and lead in Calgary’s entrepreneurial community.

Participating students were: Gio Moros, E-Cash; Silvia Bezzi, Arielle Fitzgerald, Marc Nzojibwami, Mooch; Gurpartap Baidwan, Move N’Store; Luke Morstad, Outlier Surf & Adventure Co; Tarandeep Singh Kainth, Sharyeo; Kevin Wojcial, Venure Tech Innovations VR; Vladimar Taikov, WorkMore.

Congratulations to all of our student entrepreneurs! A complete list of results can be found here.

Venture Design Studio Winners

As part of the Innovation and the Entrepreneurial experience course (ENTR 2301), Venture Design Studios, students identify a problem and find an innovative solution using the Lean Startup methodology. Throughout the year, approximately 45 external experts provide feedback and insight to 500 participating students.

At the end of the semester there is Venture Design Studios finals where the top 7 teams pitch their ideas. This semester, the winning venture and people’s choice was Safe Stir,   an innovative and discrete stir stick that could identify whether a substance has been put into a drink.

The Venture Design Studio is a great example of an experiential course that seeks to drive the entrepreneurial skill-set of our students. Congratulations to these innovative students!

Bissett CFA Ethics Team has won again!

For the second year in a row, the Bissett School of Business team has won the CFA Societies of Canada Ethics Challenge regional round!  The Bissett team beat out teams from  the University of Alberta, University of Calgary, University of Lethbridge and SAIT.

The Bisset team will advance to Nationals which are to be held in Calgary this coming May. Representing the Prairies Region,  they will compete against the top schools from the other Canadian regions: BC, Ontario, Quebec and the Maritimes.

The Bissett team is comprised of Aliza Carrol (BBA – Financial Services 2020, Houston Higgins (BBA – Financial Analysis 20190, Gurdit Khatra (BBA – Financial Analysis 2019), Alaina Magnusson (BBA -Financial Analysis 2020) and Allana White (BBA – Finacial Analysis 2020).

As faculty advisor, Bissett Professor Cathy Roy-Heaton would like to mention how proud she is of their efforts and the quality of their analysis of a very complex governance -ethical scenario.

Their success is a direct reflection of the quality of our Finance program! Congratulations Team!

Bissett Accounting Students Society Fall Financial Accounting Case Competition

The Bissett Accounting Students Society held their Fall financial accounting case competition this past October. Nine teams, comprised of two students each competed for prize money sponsored by the CPA Education Foundation.

Congratulations to the following winners:

1st: Derek Beavan and Sultan Sahota

2nd: Dillion Hyde and Carl Florence

3rd: Mehza Sikandar and Kisanet Berhane

Special thanks to judges Adrian Surban CPA (Atco), Jennifer Cheung CPA (CP Rail, and Shiraz Kurji CPA (Bissett Associate Professor in Accounting).

Also thank you to the CPA Education Foundation for their continued support .

2018 -2019 Bissett CFA Scholarship Recipients

As part of the CFA Institute University Affiliation Program membership, the Bissett School of Business is able to award CFA Level Exam Scholarships through the Financial Analysis Concentration.

The finance department has been allocated 15 scholarships for the December 2018 and June 2019 exams. Each scholarship is worth an approximate $900 USD and is administered by the CFA Institute.

The Scholarship selections were made by a committee consisting of Bissett Associate Professors in Finance Allan Dwyer, Carlton Osakwe and Cathy Roy-Heaton. In addition to the requirement of the student recipients being in their final year of studies (BBA GM Major with a Financial Analysis Concentration), the committee also factored in career ambitions and their contribution to the finance program during their time at MRU.

December 2018 Examination: Michael Croft, Shahla (Shay) Hussain, Dylan Nemeth, Fabjan Pepaj.

June 2019 Examinations: Michael Boulter, Quinn Bromley, James (David) Carlson, Maxim Chiguy, Serge Combot, Syed(Jay) Hussain, Ahsan Khan, Riley McCallum, Victor Power-Romero, John (Cam) Price, Austin Vrabel.

Congratulations to all of our student recipients and thank you to the committee for their time and attention given to their thoughtful selections!

MRU FSO and RMA host inaugural RMA Alberta Commercial Lending Case Competition at MRU

On September 27 and 29, the Risk Management Association of Alberta ( “RMA”) and the MRU Financial Students’ Organization (“FSO”) co-hosted the inaugural RMA Alberta Commercial Lending Case Competition on the MRU campus. This competition was modeled after RMA competitions which have been held in the United States.
The event was only open to MRU students.  Thirty two BBA students ( primarily financial analysis and financial services ) signed up and were assigned to 8 teams, each team having an industry mentor (a local commercial lender or banking executive ) who provided each team individualized assistance with their analysis.  the event also included a 75 minute “Commercial Lending 101” seminar, lead by a leading local banker from RBC.
The main portion of the competition had the student teams analyze a provided scenario with both qualitative and quantitative methods to produce a recommendation in an executive summary and commercial lending term sheet.  The mentors provided one hour of limited assistance to their team during the four hours.    Each team then presented their executive summary and term sheet to a panel of judges, over a 10 minute presentation and an 8 minute question and answer period.   The judging panels consisted of local credit risk and banking executives.
The top three teams were:
FIRST: $1400 prize : Team B: Austin Vrabel, Riley McCallum, Connor Nodrick ( 2nd year), Gurdit Khatra
SECOND: $1000 prize: Team E: Sam Lonnberg, Matthew Lonnberg ( 2nd year), Shameel Damji (3rd year), Joseph Neil
THIRD: $600 prize: Team F: Cam Devlin, Ahsan Khan, James Carlson, Enma Calderon ( 2nd year)
The RMA raised funds from several local financial institutions to cover the $3000 prize pool, exceeding expectations!
“Our students were outstanding ambassadors of our program.  Our RMA partners, the judges and the mentors spoke with me throughout the two days of the event and said glowing things about our students: the quality of the analysis, their eagerness to learn and their professionalism were all noted.  In total, 17 corporate-commercial bankers and credit risk professionals came to our campus and worked with our students in some capacity over the two days of the event”  — Catherine Roy-Heaton.
Catherine would like to thank all the industry partners, volunteers and students who made the event the success it was. Special Thanks to Catherine for her continued mentor-ship of the Finance students and the MRU FSO.