November 23, 2022

This national case competition saw 19 teams from Canada’s top business schools compete against each in a test of their business valuation skills

CBV Institute is pleased to announce the first, second, and third place award recipients of its inaugural Business Valuation Challenge (“BV Challenge”). Based on rigorous judging by a panel of distinguished Chartered Business Valuators (“CBVs”), the following teams were awarded the highest marks for their business valuation skills:

• 1st – Haskayne School of Business – University of Calgary
Katherine Borger, Lizelle Jansen van Vuuren, Emily Chen, Jerry Qin

• 2nd – Rotman School of Management – University of Toronto
Andrew Koh, Jesse Wang

• 3rd – UBC Sauder School of Business
Tony Liaw, Ayush Malhorta, Matthew Stuart

About BV Challenge 2022

Nineteen teams comprised of two to four undergraduate students from across the country were given the opportunity to compete with students from other business schools in a test of their business valuation skills. A total of 57 students participated.

The winning team from Haskayne will be awarded $10,000. Second and third place will receive $5,000 and $2,500, respectively.

In addition to the monetary award, members of the first-place team from Haskayne will receive complimentary enrolment to Level 1 in the CBV Program of Studies.

The business valuation case study was developed by a team of highly respected CBVs and refined for an undergraduate student audience. All participants had the opportunity to attend a training session to learn the basics of business valuation that was then applied to the case study.

“I would like to take this opportunity to congratulate the members of the first place team from <insert name of university>, along with those who placed second and third,” said Dr. Christine Sawchuk, President and CEO, CBV Institute. “With demand for CBVs at an all-time high, the BV Challenge is an excellent opportunity to introduce undergraduate business students to our rapidly expanding and evolving profession.” 

“We are already looking forward to hosting next year’s competition, BV Challenge 2023.”

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