An MBA team from the University of Washington Foster School Business and Economic Development Center took first place at the 2012 National Minority MBA Case Competition held at the Fisher College of Business at Ohio State University.
The team of first-year Evening MBA students, Brent Bauslaugh, Ben Lapekas, Ksenia Karpisheva and Rakesh Saini, beat out teams from 18 other business schools from around the US including University of California Los Angeles, Carnegie Mellon, Indiana University and Boston College. The grand prize for Foster’s Evening MBA students? $7,500. Additionally, Lapekas was recognized as the best presenter and Bauslaugh won first place for best question and answer session.
All 18 competing teams had 20 minutes to provide a solution to a case dealing with strategic choices for third party commercial loan servicing business at Key Bank. “Our students’ ability to handle ambiguity of the case and yet provide firm recommendations backed up with hard data were ultimately what differentiated them from the rest,” says team advisor Geraldine Rodriguez, assistant director at the UW Business and Economic Development Center.
EJ Burke, Key Bank’s head of real estate capital and corporate banking services adds, “The University of Washington team’s presentation represented a thorough understanding of a very complex and difficult case. Their recommended solutions were actionable and thought provoking.”
A team from the UW Business and Economic Development Center has placed in the top three teams nationally for the past four years for this diversity competition.
Each fall, the Business and Economic Development Center hosts a UW Foster School of Business internal Diversity in Business Case Competition in order to select the team of MBA students who represents Foster at the national competition.