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Baruch College Students Win ACG Cup New York 2015 Competition



Dustin Kan, Ping Situ and Patrick Cannon pose with ACG representatives 

From left: Dustin Kan, Ping Situ and Patrick Cannon receive their prize from ACG representatives.

 

NEW YORK, NY-April 21, 2015 - Three MBA students in the Zicklin School of Business at Baruch College have been named winners of the ACG Cup New York 2015 Competition. Patrick Cannon, Dustin Kan and Ping Situ took home the top prize, beating out teams from schools across the city. The ACG Cup is a case study competition designed to give students from leading MBA programs across the country real world experience and invaluable insights into mergers and acquisitions, investment banking, financial advisory and private equity. Each case study provides students with a unique opportunity to present valuation, capital markets and M&A strategic advice to a panel of seasoned M&A professionals from within the ACG Community.

The ACG Cup is hosted by the Association for Corporate Growth New York, which facilitates relationship-building and focused education for middle market deal-making professionals in the world’s financial market. The competition is carried out through a series of intra-school competitions during the month of March. Regional winners are awarded the prestigious ACG Cup title and cash awards. The Baruch College team will receive the winning cash prize of $10,000. Baruch students previously won the ACG Cup in 2011.

For Dustin, Patrick and Ping, all of whom will graduate in May, the experience of participating in the ACG cup was invaluable. “Ping, Dustin, and I worked really hard on the analysis and put in a lot of hours in preparation for the presentation in each round.” Patrick said. “The format of the competition, combined with the caliber of the judges made the experience tremendously valuable. Advancing to the final round provided excellent exposure to professionals working in the capital markets.”

For each round, the teams received the case a week in advance in order to prepare their presentations. For Baruch’s team, the challenge wasn’t only in the case presented, but also in the time allotted to prepare. This year’s competition took place during midterms, leaving Dustin, Patrick and Ping with their hands full. “It was a very challenging M&A case, the information and workload was huge and the time was limited.” explained Ping. “The knowledge and skills required were beyond our coursework. You need to team with people you really can work with and know well, and who will not give up in the middle of the challenge. I’ve known Dustin and Patrick for long time and we have worked together before. We respect each other so we could discuss the case openly and take everyone’s opinions into account.”

With their hard work and dedication having paid off, the experience of participating in the ACG Cup will be one that Baruch’s team won’t soon forget. “It was a good real world practice of academic technology that we learned from class.” said Dustin. “It is also a good memory for me as an MBA student at Baruch.”

 

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