(3BL Media) New York, NY – April 20, 2012 – Nearly 1,000 students at 25 leading business schools worldwide competed in the Aspen Institute’s 2012 Business & Society International MBA Case Competition, which challenged competitors to tackle a new case study – produced by the Yale School of Management in conjunction with Technológico de Monterrey – requiring analysis of prospective renewable energy investments by Walmart de México y Centroamérica. Each year, this competition recognizes students who innovate at the intersection of corporate profitability and environmental, social and ethical issues.
Last Friday, five finalist teams traveled to New York City to present their recommendations to a panel of corporate representatives and to compete for their share of a $40,000 prize pool. This year’s winners are:
- 1st Place: University of Denver, Daniels College of Business (United States)
- 2nd Place: Temple University, Fox School of Business (United States)
- 3rd Place: University of Notre Dame, Mendoza College of Business (United States)
- 4th Place: University of Massachusetts Amherst, Isenberg School of Business (United States)
- 5th Place: Curtin University, Curtin Graduate School of Business (Australia)
And honorable mentions were given out to additional top student papers, representing:
- Baruch College – CUNY, Zicklin School of Business (United States)
- Griffith University, Griffith Business School (Australia)
- University of Alberta, Alberta School of Business (Canada)
- Wilfrid Laurier University, School of Business and Economics (Canada)
- York University, Schulich School of Business (Canada)
“We are delighted to celebrate not only this year’s winning teams, but all students who enthusiastically participated in the 2012 program,” said Nancy McGaw, Deputy Director of the Aspen Business and Society Program. “It is vitally important that current MBA students be prepared to lead their fellow businessmen and businesswomen in using the talent and resources of for-profit business to tackle our most pressing environmental and societal problems. We hope this prestigious Competition offers a meaningful opportunity for reflection on the potential for impact that each of these students can make.”
Students had one weekend to analyze and respond to the new business and society-focused case study. On-campus competitions determined first place campus winners, whose work was reviewed by academic judges to determine the five finalist teams. All finalist teams receive prize money, with the first place team receiving $20,000 and $1,000 to donate to a 501(c)(3)-designated charity of their choice.
The Aspen Institute Business & Society Program is grateful for the generous support of this program’s corporate sponsors:
- Bertelsmann, Inc.
- BNY Mellon
- Levi Strauss & Co.
- Marsh & McLennan Companies
- Motorola Solutions Foundation
The Aspen Institute is also thankful for the support, time, and enthusiasm of this year’s judges: Jon Anda, Lecturer in Finance at the Yale School of Management; John Buckley, Managing Director of Corporate Social Responsibility at BNY Mellon; Jennifer Johnson, Research Consultant; Sarah Murray, Financial Times contributor and author; Christine Salerno, Head of Corporate Social Responsibility at Marsh & McLennan Companies; Maureen Scully, faculty member and Associate Dean for Graduate Studies at the University of Massachusetts Boston’s College of Management; Carsten Tams, Senior Vice President, Ethics and Compliance at Bertelsmann, Inc., and; Marc Ventresca, faculty member at the University of Oxford’s Saïd Business School.
In addition to this year’s finalist and honorable mention schools mentioned above, other partnering schools in this year’s program included:
- Audencia Nantes, School of Management (France)
- Bentley University, McCallum Graduate School of Business
- Case Western Reserve University, The Weatherhead School of Management
- Claremont Graduate University, Peter F. Drucker & Masatoshi Ito Graduate School of Management
- Dalhousie University, School of Business Administration (Canada)
- Duquesne University, Donahue Graduate School of Business
- ESADE Business School (Spain)
- IE Business School (Spain)
- Instituto de Estudios Superiores de Administración – IESA (Venezuela)
- Lamar University, College of Business
- New York University, Leonard N. Stern School of Business
- Texas Christian University, Neeley School of Business
- University of Jyväskylä, School of Business and Economics (Finland)
- University of Wyoming, College of Business
- Villanova University, Villanova School of Business
Learn more about the 2012 Business & Society International MBA Case Competition by visiting the Competition’s official website: www.AspenCaseCompetition.org.
The Aspen Institute Business & Society Program equips business leaders for the 21st century with the vision and knowledge to integrate corporate profitability and social value. Through our extensive work in management education, we help business educators incorporate issues of social and environmental stewardship into teaching and research by offering targeted resources, networks, and a platform to share cutting-edge practice among peers. We maintain close ties with over 150 MBA programs in 28 countries and our websites draw over 100,000 visits monthly.
The Aspen Institute mission is twofold: to foster values-based leadership, encouraging individuals to reflect on the ideals and ideas that define a good society, and to provide a neutral and balanced venue for discussing and acting on critical issues. The Aspen Institute does this primarily in four ways: seminars, young-leader fellowships around the globe, policy programs and public conferences and events. The Institute is based in Washington, DC, Aspen, Colorado, and on the Wye River on Maryland’s Eastern Shore and has an international network of partners.
Laurie Ginsberg, Senior Program Manager
KEYWORDS: The Aspen Institute, MBA, Business & Society International MBA Case Competition, Case Study, New York City, Education, The Aspen Institute Business & Society Program