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STAC Business Students Take 1st Place in National Competition

Apr 12, 2016

STAC Business Students Take 1st Place in National Competition

Competition Topic Focused on Business Ethics

St. Thomas Aquinas students took first place in the International Assembly for Collegiate Business Education’s (IACBE) third annual student case-study competition announced Michael Murphy, dean for the School of Business. The competition focused on business ethics and winners were announced during the IACBE’s Annual Conference and Assembly Meeting in Memphis, TN, in April.  The College’s team was partially funded through the generosity of donors: Mr. Stephen F. DeGroat'76, CPA; Mr. Scott Weinstein; Mr. Paul A. Ritner'89, Senior Architect Solution, Anaplan; M & R Energy Resources Corp.; Mr. Peter A. Feniello, Sr.'75, President, Primetac Corp.; Mr. John J. Manna, Jr.; and an anonymous donor.

The team was comprised of three students who orally presented the case study:  Maddison Lord ’16 (Sydney, Australia); Tim Ehardt ’17 (Blauvelt, NY) and Christopher Jordan ’16 (West Nyack, NY), and six students who formed the research team:  Kevin Gately ’17 (Pembroke, MA); Patricia Nersten ’17 (Brooklyn, NY); Amanda Lawrence ’16 (Rock Tavern, NY); Danielle Stam ’16 (Florida, NY); Michael Cappabianca ’16 (Stony Point, NY); and Samantha Burden ’17 (Westbury, NY). Their case study explored the ethics of excessive profits in health care, and in particular, focused on the recent controversy surrounding Martin Shkreli and the hike of the Daraprim drug price scenario.

"The team's first place finish was a wonderful accomplishment by the entire team, and a reflection of their hard work and dedication. I am very proud of their performance and the way the team represented themselves and the School of Business," said Christine Cahill, assistant dean for the School of Business and team faculty advisor. 

The IACBE case-study competition requires students to work as teams; collect, analyze, and use data; and present information and answer questions in a clear, concise, and professional manner. In their case presentations, each team must identify and explain the legal, financial, economic, marketing, and management issues relevant to the situation and present the ethical issue that they have chosen to address. Teams must make recommendations for action that are solidly grounded in ethical theory.

Team of students celebrate their first place award.

Competition Topic Focused on Business Ethics

St. Thomas Aquinas students took first place in the International Assembly for Collegiate Business Education’s (IACBE) third annual student case-study competition announced Michael Murphy, dean for the School of Business. The competition focused on business ethics and winners were announced during the IACBE’s Annual Conference and Assembly Meeting in Memphis, TN, in April.  The College’s team was partially funded through the generosity of donors: Mr. Stephen F. DeGroat'76, CPA; Mr. Scott Weinstein; Mr. Paul A. Ritner'89, Senior Architect Solution, Anaplan; M & R Energy Resources Corp.; Mr. Peter A. Feniello, Sr.'75, President, Primetac Corp.; Mr. John J. Manna, Jr.; and an anonymous donor.

The team was comprised of three students who orally presented the case study:  Maddison Lord ’16 (Sydney, Australia); Tim Ehardt ’17 (Blauvelt, NY) and Christopher Jordan ’16 (West Nyack, NY), and six students who formed the research team:  Kevin Gately ’17 (Pembroke, MA); Patricia Nersten ’17 (Brooklyn, NY); Amanda Lawrence ’16 (Rock Tavern, NY); Danielle Stam ’16 (Florida, NY); Michael Cappabianca ’16 (Stony Point, NY); and Samantha Burden ’17 (Westbury, NY). Their case study explored the ethics of excessive profits in health care, and in particular, focused on the recent controversy surrounding Martin Shkreli and the hike of the Daraprim drug price scenario.

"The team's first place finish was a wonderful accomplishment by the entire team, and a reflection of their hard work and dedication. I am very proud of their performance and the way the team represented themselves and the School of Business," said Christine Cahill, assistant dean for the School of Business and team faculty advisor. 

The IACBE case-study competition requires students to work as teams; collect, analyze, and use data; and present information and answer questions in a clear, concise, and professional manner. In their case presentations, each team must identify and explain the legal, financial, economic, marketing, and management issues relevant to the situation and present the ethical issue that they have chosen to address. Teams must make recommendations for action that are solidly grounded in ethical theory.

 View photos from the IACBE Competition.

The International Assembly for Collegiate Business Education (IACBE) was founded in 1997 in response to the expressed needs of presidents, chief academic officers, and business deans and chairs who wanted an accreditation process that was mission-driven and outcomes-based. The IACBE is nationally-recognized by the Council for Higher Education Accreditation (CHEA), and is the leader in mission-driven and outcomes-based programmatic accreditation in business and management education for student-centered colleges, universities, and other higher education institutions throughout the world. The IACBE’s mission is to promote and recognize excellence in business education in institutions of higher education worldwide, at both the undergraduate and graduate levels, through specialized accreditation of business programs.

St. Thomas Aquinas College is an independent liberal arts college located on 60 acres in Rockland County, NY which provides education at the undergraduate and graduate levels. The College’s 2,800 full and part time students can choose from more than 100 different majors, minors, specializations, and dual degree programs across three Schools: Arts & Sciences, Business, and Education. The College is recognized by U.S. News & World Report in the Top-Tier for Regional Universities, by Colleges of Distinction in both its New York and Catholic editions, by Affordable Colleges Online as a top College in New York for Return on Investment, and is included as a Military Friendly School®. St. Thomas Aquinas College is accredited by the Middle States Association of Colleges and Schools; its School of Education is accredited by National Council for Accreditation of Teacher Education (NCATE); and its School of Business is accredited by the International Assembly for Collegiate Business Education (IACBE). For more information, visit www.stac.edu.