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ACG CUP 2023:
ACG Detroit was proud to partner with ACG Western Michigan & ACG Minnesota for the 2023 ACG Cup. This competition involves business school students from across Michigan and several other states and is designed to retain and attract talent – a key objective for the Detroit Chapter of ACG.
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Students from the Seidman College of Business at Grand Valley State University took home the top prize of $8,000 in the ACG Cup Competition—a day-long business case study competition. Students from the Haworth College of Business at Western Michigan University earned the runner-up spot.
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The 2023 ACG Cup competition welcomed 25 teams made up of 102 students. Offering an option to compete remotely, the event drew in students from several Michigan business, finance and accounting colleges and universities as well as competitors from Fordham University in New York and the University of St. Thomas in Minnesota.
Throughout the competition, teams used high-level financial and valuation analyses to arrive at their conclusions and deliver professional presentations. Stepping into the role of a consultant, students presented their recommendations in a way that would impress a board of directors. After two rounds, judges named students from the Seidman College of Business at Grand Valley State University as the top prize winner and students from the Haworth College of Business at Western Michigan University as the runner-up.
“ACG Cup is an amazing opportunity to not only advance your hard skills, but also your soft skills. Learning how to work and lead a team is a crucial lesson for everyone’s future,” said Molly Ostrander, a student on Western Michigan University’s team.
Members of the winning teams are listed below:
Grand Valley State University:
- Justin Farrish
- Ryan Gilmore
- Griffin Jacques
- Justin Quinn
- Teddy Rounds
Western Michigan University:
- Kamola Makhmudova
- Molly Ostrander
- Nicholas Scherer
"As a former ACG Cup competitor, I am honored and proud that our chapter was given the opportunity to partner with ACG Western Michigan and ACG Minnesota to host this year’s competition,” said Alex Drost, founder and CEO of Connections Builders and ACG Detroit board member. “Judging the competition was an inspiring and rewarding experience. I witnessed the next generation of talent demonstrate determination, tenacity and passion for middle-market advisory, and I have no doubt that the students who participated will make a significant impact in the market in the coming years."
Over 40 volunteer judges from Detroit, Minneapolis and West Michigan took part in the multi-round, hybrid business case competition. Judges come from a variety of industries and businesses including commercial and investment banking, corporate law, private equity, accounting and valuation. All agree that the competition is more than just a finance competition—it’s a step toward a career.
ACG Cup 2023 SPONSOR
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