Lakehead U Students Excel at National Business Competition

(Thunder Bay - January 26, 2006) Four students from Lakehead University's Faculty of Business Administration brought home two top awards in a national business competition this January.

Two Lakehead U Business teams of senior undergraduate students went on to the finals in the Inter-Collegiate Business Competition (ICBC). Eric Shanks and Mike Bone tied for first place in the Ethics category, while Mark Anttila and Chad Gemmel took home second in the Finance division. Lakehead U placed third overall out of 28 universities, including many of the biggest and finest in Canada

"I am very proud of these students," says Dr. Lifeng Geng, a Business faculty member and the faculty advisor. "This competition offers real-life experiences to these students, and it prepares them well for their future careers."

ICBC is Canada's oldest and largest undergraduate business case competition. Hosted annually by Queen's University, the competition attracts both national and international business students. Competitors participate in a preliminary round for the chance to compete in the final round from January 12 to 15. The categories in the competition are: accounting, business policy, debating, business ethics, finance, labour arbitration, marketing, and MIS.

"Even to make it to the final round, which comprises top six teams, is quite an honour. And, to have won first and second place in two categories," Dr. Geng says.

According to the ICBC, the competition aims to provide business students with a forum for the exchange of ideas and to establish relationships, and to challenge and further develop a variety of essential business skills. As well, the competition provides students with a chance for social interaction with other business students while developing valuable tools which will help the students in the career world upon graduation.