May 2, 2012
The Red Raiders won $5,000 for finishing first, defeating the University of Texas, which placed second.
A team of Texas Tech graduate students won the seventh annual Texas Shoot-Out MBA Challenge for the first time in school history last week in Dallas.
The event, hosted by the North Texas Chapter of the Commercial Real Estate Development Association (NAIOP), is open to registered graduate students from Texas universities. Nine days prior to the competition, the students were assigned a case involving the Reunion/Union Station site in downtown Dallas. They had to analyze the facts, determine a solution of how best to redevelop that site and present the solution to the NAIOP judges in a 20-minute PowerPoint program.
The Texas Tech team won $5,000 for finishing first, defeating the University of Texas, which placed second. Other schools in the competition included Texas A&M, Rice, University of Texas at Arlington, University of Texas at Dallas, Southern Methodist University and Texas Christian University.
“One highlight of our team’s solution and presentation was a ‘flyover’ of the project, created and embedded in the PowerPoint slides by our architecture student, Jason Turnbow, graphically illustrating the proposed solution,” said Paul R. Goebel, team advisor and professor of finance in the Rawls College of Business. “Our students did a fantastic job of preparing for the competition. We were the only team to have such a creative presentation.”
Team members included Turnbow, joint Master of Business Administration/Master of Architecture; Nathan Beaman, Master of Science, Accounting, Business Administration; Tyler Clayton, Master of Science, Finance, Business Administration; Eric Hendrickson, Master of Business Administration; Lee Mazurek, graduate school; and Jeff Peanick, Master of Science, Finance, Business Administration.
The Rawls College of Business accounts for about 25 percent of Texas Tech graduates.
The college has a full-time teaching staff of roughly 100 in five departments: accounting, finance, information systems and quantitative science, management and marketing.
The college offers an accredited weekend MBA for Working Professionals program.
Dedicated to connecting students, alumni and employers, the Career Management Center assists Rawls College students with their transition to the world-of-work, and supplies prospective employers with top-notch candidates, ready to make an immediate contribution.