Business students take top spot

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Business students take top spot

North­eastern Uni­ver­sity busi­ness stu­dents won first place in a highly com­pet­i­tive case com­pe­ti­tion ear­lier this month at the Wharton School of the Uni­ver­sity of Penn­syl­vania, besting 11 other under­grad­uate teams from insti­tu­tions in the U.S. and Canada.

The stu­dents — Bree Jones, class of 2013, and Jed Baker, Jake Wain­wright and Joe Haniak, all class of 2014 — are mem­bers of North­eastern University’s Hunt­ington Man­age­ment Con­sulting, an under­grad­uate club focused on man­age­ment con­sulting and strategy. The club pro­vides stu­dents with real-world expe­ri­ence through inter­col­le­giate com­pe­ti­tions and by taking on strategic con­sulting cases for local firms and non­profit orga­ni­za­tions. The stu­dents in the club also receive sup­port from a strong net­work of alumni, who judge their pre­sen­ta­tions and pro­vide crit­ical feed­back throughout the aca­d­emic year.

“Although we won, we know we have to keep improving and working even harder,” Jones said, noting the club’s relent­less prac­tice schedule. “We can build on this and take it to the next level.”

For the Oct. 12 case com­pe­ti­tion, the under­grad­uate teams were tasked with the com­plex chal­lenge of restruc­turing a pri­vate wealth man­age­ment com­pany merger and pre­senting their solu­tion to a panel of judges from the con­sulting industry. The North­eastern team’s pre­sen­ta­tion incor­po­rated not only an overall strategic restruc­turing plan, but also a blue­print for tran­si­tioning some employees to new assign­ments and respon­si­bil­i­ties that would make the com­pany stronger and more efficient.