Berkeley MBA Team Wins Wells Fargo Case Comp
Competing in—and winning—the 5th annual Wells Fargo MBA Case competition garnered a $4,000 prize for a team of Berkeley MBA students, not to mention a crash course in oil and gas acquisitions, company growth strategies, and hedging.
The MBA 12 “Cash Flow Ridas” team of Matt Acalin, Claudia Dias, Andrew Hamilton, and Mike Young beat out seven other competing schools to win the SMU competition, held Feb. 9–10. This was the second consecutive win in the competition for Berkeley-Haas.
Students were given one week to formulate the optimal financing solution for an actual Wells Fargo credit request involving Laredo Petroleum. “We were concerned that our limited knowledge of the drilling business would put us at a disadvantage relative to schools located in states where this industry is a significant economic driver,” says Dias. “Fortunately, we got up to speed quickly and were able to think through many potential downside scenarios, which the judges seemed to appreciate.”
Who makes you proud to be Berkeley-Haas? Tell us in the comments below or share your stories with [email protected].