Wright State accounting students have been selected for the 16th time to participate in the national case competition held at Institute for Management Accountants (IMA) annual meeting in Las Vegas, Nevada. Seventeen Wright State teams have now been selected for top national honors in the 16 year history of the IMA competition, a record unmatched by any other university in the country.
To qualify for the final four national teams, students had to develop a new strategy for a fictional business by utilizing their accounting backgrounds and their creative, strategic thinking skills. The 2012 team included Jayme Overfield, MBA student, B.S.B. 2011; Corey Pennington, Master of Accountancy student, B.S.B. 2011; Nurbek Kydykeev, senior Accounting major, B.S.B. 2012; Jason Bruns, senior Accounting major, B.S.B. 2012; Brent Royer, senior Accounting major, B.S.B. 2012; and team mentor and Wright State Accounting professor, Dr. David Bukovinsky.
This year's competition required teams to develop a strategy for a minor league baseball team to utilize the team's facilities during the off-season. After analyzing the case and agreeing on their strategic recommendations, the team had to present their results in a creative video that was evaluated by a panel of nationwide judges. This led to an invitation for Wright State's team to present their recommendations at the IMA annual meeting.
"Our group worked extremely hard to develop a creative plan that was balanced with a realistic and profitable approach to using the facilities. Once we decided on the new strategy, we were well on our way to an exceptional case presentation," said graduate student Jayme Overfield.
"Our accounting professors and our entire accounting curriculum consistently prepare us with both real world and 'outside the box' strategic thinking. Our professors also instill us with great analytical skills and the ability to separate out the important details any business situation," explained accounting senior, Brent Royer.
Team faculty advisor, Dr. David Bukovinsky said, "It's been my privilege to assist in continuing the tradition of excellence our alumni and our entire faculty have established. Our accounting students continue to impress me in the classroom and in their professional engagement, not only at the IMA competition, but in their interaction with business leaders throughout the region and nation."
The Wright State University's Raj Soin College of Business and the Accountancy program are accredited by AACSB International, the highest accrediting body for business and accounting programs. Just one in three business programs and 178 accounting programs nationwide have achieved this accreditation.
The IMA was founded in 1919 as the National Association of Cost Accountants and currently represents over 60,000 members. IMA's mission is to provide a forum for research, practice development, education, knowledge sharing, and the advocacy of the highest ethical and best business practices in management accounting and finance.