U of G business students from the Guelph Student Investment Council [1] (GSIC) attended Battle on Bay 2019 over the weekend, an undergraduate finance competition hosted by the Ryerson University Finance Society.

Attending the competition for the first time, University of Guelph’s GSIC students had an impressive showing that saw them place third overall, taking home a $1,000 prize.

The team consisted of:

• Christian Brownlee | 5^th year Management Economics & Finance (co-op)
  • Portfolio Manager, GSIC
• Haley Debruyne | 4^th year Management Economics & Finance
  • Senior Equity Analyst, GSIC
  • Brand Ambassador, CBESA
• Donangelo Volpe | 4^th year Management Economics & Finance
  • Senior Equity Analyst, GSIC
• Ryan Padum | 5^th year Management Economics & Finance (co-op)
  • Internal Manager, GSIC
  • Chairman, DECA U Guelph

In it’s 12^th year, the annual competition took place at the Ted Rogers School of Management in downtown Toronto. The GSIC team placed third behind Goodman School of Business (first place) and Ivey Business School (second place).

“We are incredibly proud of our students’ impressive podium finish,” said Dean Julia Christensen Hughes. “Their performance is another example of Guelph business students’ ability to compete with business schools across the country and beyond.”

The conference’s competition was broken down into two rounds. The first-round tasked groups with a total company analysis of Spin Master, looking at the company as they compete in the toy industry and world of retail management. Round two involved a 90-minute crisis case, where groups had to analyze a potential merger/acquisition deal.

“Next year, we will be aiming for first place!” said Ryan Padum, GSIC’s internal manager. “I’ve said it before, and it can be said again today: U of G business students continue to go up against other business schools, showing that we can compete with them all.”