||5th Annual JPMorgan Mergers & Acquisitions
Investment Banking Club sweeps 5th Annual JPMorgan Challenge
of the Kellogg School Investment
Banking Club swept
the 5th Annual JPMorgan Mergers & Acquisitions Challenge,
which was held recently at the company's offices in downtown
years out of five, Kellogg has beaten its competition, the
University of Chicago Graduate School of Business. This year
Kellogg won the overall competition and all four individual
"This is a great validation for the finance program at
Kellogg, considering that the reputation of the University
of Chicago's business school is very strong in Wall Street," said
Justin Crotty '04, one of 48 Kellogg contestants and a co-chair
of the Kellogg School Investment Banking Club.
32-hour competition involved working on a case created
by JP Morgan. Eight Kellogg teams, composed of full-time
and part-time MBA students, acted as buy-side bankers, advising
their "clients" on valuation and bidding strategies on a
property for sale by a conglomerate.
Working from more than 200 pages of case details, the Kellogg
students applied their knowledge of finance, marketing, strategy
and economics to present a complete solution to their theoretical
"Everything we learned in class fell into place as we worked
through the case," Crotty said.
The judges --- who included Kellogg faculty Artur
Alan E. Peterson Distinguished Professor of Finance, and
A. Petersen, Glen Vasel Associate Professor of Finance
--- awarded the Kellogg team $3,200.
Members of the winning teams are Alejandro Capote, Josh
T. Carson, Pedro Cesar, Nathan Chandrasekaran, Oyetunde O.
Fadele, Dan Kaplan, Kelly Li, Paul Lim, David Lubeck, Gabriele
Lucano, Miguel Machado, Vadim Marchuk, Kristoffel Meulen,
Sanjeev Mordani, Carlo Portes, Thomas O. Schoenwaelder, Jerry
Zhengyu Tang, Kenny Tucker, Joost R. van Rens, Stephen Weiland,
Wonita Williams, Michael Yoshino, Todd M. Yost and Selo Zoralioglu,
all Class of '05.