Fox School undergraduates take first place in national risk-management case competition

November 17th, 2016 //

A team of students from the Fox School of Business put together the pieces to win a national case competition.

The students won the Spencer-RIMS Risk Management Challenge, a three-month case study from a major company – iconic toymaker, LEGO. The competition culminated with eight teams delivering presentations during the RIMS 2016 Annual Conference and Exhibition, held April 10-14 in San Diego, Calif.

This marked the third win in five years for students from the Fox School’s nationally ranked Risk, Insurance, and Healthcare Management department. Senior Actuarial Science majors Carolyn Murset and Zilong Zhao, and Risk Management and Insurance majors Andrew Donchez and Sean Preis, a senior and a junior, respectively, comprised the winning team, which received $4,000 in prize earnings.

The Spencer-RIMS Risk Management Challenge tasks undergraduates from around the country with developing a comprehensive, written risk analysis that will be judged by a panel of experts at the annual risk management society’s conference.

“Temple’s Risk Management and Insurance program has helped us to hone our analytical and critical-thinking skills, and adequately prepared us to identify the main risks facing LEGO,” Donchez said. “Meeting LEGO’s strategic risk manager and picking his brain taught us that risk management is a real-world issue that demands passionate, curious and persistent practitioners.”

“Winning the competition is an extraordinary closing on the last chapter of my Temple journey,” Zhao said. “It signifies the high caliber of future business leaders Fox School has nurtured.”