Briarcliff Manor Bank Funds Second Place Collegiate Team in National Business Competition
Briarcliff Manor's Academic Federal Credit Union and the Kraus Family Scholarship helped fund St. Thomas Aquinas Collegiate team who competed in a national business competition.
St. Thomas Aquinas College students took second place in the International Assembly for Collegiate Business Education’s (IACBE) third annual student case-study competition announced Michael Murphy, dean for the School of Business. The competition focused on business ethics and winners were announced during the IACBE’s Annual Conference and Assembly Meeting in San Diego, C.A., in April. The College’s team was partially funded by the Academic Federal Credit Union (Briarcliff Manor, N.Y.) and through the generosity of the Kraus Family Scholarship.
The team was comprised of four students, Brittany Platt (Monsey, N.Y.); Caitlin Zungoli (Park Ridge, N.J.); Gina Funaro (Glendale, N.Y.); and Nicole Bonanni (Boonton, N.J.). Their case study, titled "GM: Got Morals?", examined the recent controversial recall by the General Motors Corporation (GM) and the management decisions of GM, specifically Mary Barra.
"I was truly humbled to be selected to participate in the IACBE Case Study Competition for the second year in a row. It was a great experience the first time, and the second time was even more fulfilling because I was able to take on a supervising role within the group,” expressed Zungoli. “Both the leadership and analytical skills I have obtained from this competition will benefit me for many years to come!"
The IACBE case-study competition requires students to work as teams; collect, analyze, and use data; and present information and answer questions in a clear, concise, and professional manner. In their case presentations, each team must identify and explain the legal, financial, economic, marketing, and management issues relevant to the situation and present the ethical issue that they have chosen to address. Teams must make recommendations for action that are solidly grounded in ethical theory.
"The team's second place finish was a wonderful accomplishment by truly impressive individuals, and a reflection of their hard work and dedication,” said Christine Cahill, assistant dean for the School of Business and team faculty advisor. “I am very proud of their performance and the way the team represented themselves and the School of Business."
The International Assembly for Collegiate Business Education (IACBE) was founded in 1997 in response to the expressed needs of presidents, chief academic officers, and business deans and chairs who wanted an accreditation process that was mission-driven and outcomes-based. The IACBE is nationally-recognized by the Council for Higher Education Accreditation (CHEA), and is the leader in mission-driven and outcomes-based programmatic accreditation in business and management education for student-centered colleges, universities, and other higher education institutions throughout the world. The IACBE’s mission is to promote and recognize excellence in business education in institutions of higher education worldwide, at both the undergraduate and graduate levels, through specialized accreditation of business programs.
St. Thomas Aquinas College is an independent liberal arts college located on 60 acres in Rockland County, NY which provides education at the undergraduate and graduate levels. The College’s 2,800 full and part time students can choose from more than 100 different majors, minors, specializations, and dual degree programs across three Schools: Arts & Sciences, Business, and Education. The College is recognized by U.S. News & World Report in the Top-Tier for Regional Universities, by Colleges of Distinction in both its New York and Catholic editions, by Affordable Colleges Online as a top College in New York for Return on Investment, and is included as a Military Friendly School®. St. Thomas Aquinas College is accredited by the Middle States Association of Colleges and Schools; its School of Education is accredited by National Council for Accreditation of Teacher Education (NCATE); and its School of Business is accredited by the International Assembly for Collegiate Business Education (IACBE). For more information, visit www.stac.edu.