Florida A & M University Students Repeat as National Champions in the National Black MBA Association (NBMBAA) National Student Case Competition Sponsored by Chrysler LLC
- First school during history of competition sponsorship to achieve consecutive wins
- Competition held as part of the 30th National Black MBA Conference
- Teams from the nation's leading business schools compete for scholarships totaling $35,000
Washington, D.C., Sep 19, 2008 - MBA candidates from 30 of the nation's leading business schools competed for $35,000 in scholarships in the 2008 National Student Case Competition, sponsored by The Chrysler Foundation, Chrysler LLC and Chrysler Financial, and held during the 30th annual conference of the National Black MBA Association (NBMBAA) in Washington, D.C. The students from Florida A & M University (FAMU) took home the first place trophy and repeat as national champions of the competition.
Tiffani Davis, Dallas, Tex; Lia Naomi White, Greenville, S.C.; and John V. Hinson, Jr, Miami, Fla., all MBA students at FAMU, finished in first place, netting $15,000 in scholarship money and three championship trophies. Second place and third place went to The University of Tennessee and The University of Texas at Austin, each winning $12,000 and $8,000 in scholarship money respectively.
"The students displayed an impressive grasp of global business dynamics as it relates to this year challenging case study," said Kim Harris Jones, Chrysler LLC Senior Vice President - Corporate Controller and Auditor. "In particular, the students from Florida A & M delivered a sound analysis and unique solution that rose to the top to once again capture first place."
Sponsored by Chrysler LLC, the National Student Case Competition is designed to give student teams an opportunity to demonstrate their knowledge and problem-solving skills in a formal competition. Teams were given a hypothetical business case from which they developed model business solutions. Each team then prepares its case and presents it before a panel of corporate executives and business professionals. They are judged on analysis, quality of presentation and the feasibility of their recommendations.
"For 14 years Chrysler has enabled over 1,200 students to present their analysis and recommendations to real-world problems during the National Student Case Competition," said Frank Fountain, Chrysler LLC Senior Vice President – External Affairs and Public Policy, and President – The Chrysler Foundation. "This competition has evolved into the premier showcase event for student achievement at the annual National Black MBA Association Conference."
Chrysler has been the exclusive sponsor of the National Student Case Competition at the National Black MBA Association conference since 1995.
About Chrysler LLC
Chrysler LLC, headquartered in Auburn Hills, Mich., produces Chrysler, Jeep®, Dodge and Mopar® brand vehicles and products. Total sales worldwide in 2007 were 2.7 million vehicles. Sales outside of North America were the highest ever with an increase of 15 percent over 2006. Its product lineup features some of the world's most recognizable vehicles, including the Chrysler 300 and Town & Country, Jeep Wrangler and Grand Cherokee and Dodge Challenger and Ram. The Chrysler Foundation, the company's philanthropic arm, annually supports hundreds of charitable organizations in the United States and throughout the world. In 2007, the Foundation gave approximately $21 million in charitable donations.
Chrysler Financial offers automotive financial products and services to both dealers and consumers of Chrysler, Jeep® and Dodge vehicles in the U.S., Canada, Mexico and Venezuela. In addition it offers vehicle wholesale and retail financing to more than 3,600 Chrysler, Jeep and Dodge dealers. Currently, nearly three million drivers in the United States enjoy the benefits of financing with Chrysler Financial. Chrysler Financial has an employee base of 4,000 and supports a global portfolio of $70 billion. For more information, visit corp.chryslerfinancial.com.