Accounting Team Finishes on Top at Nationals
A group of College of Business Administration accounting students bested collegiate teams from throughout the country in a competition that netted them a $1,000 cash prize.
The students competed in Deloitte┐s Best Practices Competition in August at the Beta Alpha Psi Annual Conference in Denver. They are all executive board members of the Cal Poly Pomona chapter of honorary society Beta Alpha Psi.
┐We went against some top schools,┐ says 2011-12 Beta Alpha Psi President and team member Nicolina Russo. ┐The judges commented on our creativity but I also think our edge was our public speaking. We practiced for a month and we didn┐t make any mistakes when we presented.┐
The team competed in the Financial Information Professions category. Throughout the 2010-11 school year, club members reached out to area high schools to teach them basic concepts of the financial market. By using candy as currency, students were given a bag of chocolate and asked to invest in one of four companies. For every good thing that happened to their company, their candy was upgraded to a king size candy bar. When something negatively affected their company, students were given small hard candy.
Entering business competitions is something new for the club, which caters to accounting, finance and computer information students who are pursuing careers in financial management and information.
The group's strength has always been its connection to industry. Its yearly Meet the Firms event allows national and international employers such as McGladrey & Pullen, Deloitte, and Vicenti, Lloyd & Stutzman to meet standout business students before the start of the recruiting season. Many Beta Alpha Psi seniors are able to secure a job before they finish fall quarter.
In the last few years, however, Beta Alpha Psi members have been driven to give the chapter more name recognition among other college chapters. They do it partly for school pride and partly to attract more recruiters to Meet the Firms.
┐We want to be more prestigious because once you achieve that status more people become interested in your club and more firms want to look at you and start recruiting,┐ Russo says.
Members of the winning team are: Matthew Peich, Catherine Choy, Ohan Stephan, Nicolina Russo (holding the plaque) and Shanel Uriarte.