A team of five Columbia Business School students took top honors at the Fifth Annual Financial Engineering Case Competition, sponsored by Apaloosa Management, Merrill Lynch and Carnegie Mellon University. The Columbia students faced fierce competition from peer schools Wharton, Chicago and MIT.
The competition challenged MBA teams from leading business schools to analyze and present a case in the areas of derivative security valuation and financial engineering. Under the guidance of Professor Mark Broadie, team members Shalabh Garg ’01, Kai Hankinson ’01, Michel Montvelisky ’01, Peter Polanskyj ’02, and Guy Shahar ’01 made the winning case presentation, which detailed the creation and pricing of a structured equity derivatives product.