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SDSU MBA Students Take 2nd Place In VCIC Competition
The eight-person team of graduate business students from SDSU's Fowler College of Business was declared runner-up in the West Coast regional Venture Capital Investment Competition (VCIC) on February 15, 2019.
The VCIC offers students the opportunity to act as venture capitalists while working with real entrepreneurs who are seeking investment capital. The student teams listen to entrepreneurs as they pitch their business plan. They then evaluate the plan, meet with the entrepreneurs to offer their analysis and determine which of the entrepreneurs they would choose to fund.
This is all done under the watchful eyes of real-life venture capitalists (VCs) who act as judges. After the student teams offer their feedback to the entrepreneurs and select who they would fund, the teams then must convince the VCs/judges as to why the entrepreneur of their choice was the best investment risk.
The student teams are judged on their investigation and understanding of key issues, their analysis leading to the investment decision, and their meeting with the entrepreneurs.
National Association of Women MBAs (NAWMBA) at San Diego State President, Sarah Cooper, along with fellow classmates Ryan Dooley, Brandon Ross, Elaine Youngs, and Paul Luedtke represented SDSU Fowler College of Business in the competition.
The team from UCLA was declared the winner of the regional competition and will move on to the national finals held at the Kenan-Flagler Business School at the University of North Carolina on March 23. Other participants in the competition included UC Berkeley, Santa Clara University, UC San Diego and the University of San Francisco.