The 2024 8th annual Business Valuation Challenge will be held at Georgia State University's state of the art facilities in downtown Buckhead (just north of Atlanta). The competition will take place November 16th with a welcome dinner to be held November 15th at the Buckhead Club.
First Place - $5,000 cash award and the Kierulff Cup
Second Place - $3,000 cash award
Third Place - $2,000 cash award
If a student can value a private business or establishment they can value a large public company. But the converse is not the case. Valuation requirements and data limitations make the private valuation task substantially more challenging. The U.S. Census Bureau 2011 data show nearly 99,000 firms with 100 or more employees. The Wall Street Journal reported only about 5,000 firms listed on U.S. exchanges in 2012. And for-profit (and non-profit) organizations–large, small, public, and private–need the services of graduates with private company valuation skills. You can help develop and refine these skills in your students by participation in the Business Valuation Challenge℠, the only competition of its kind.
VALUATION CHALLENGE DESCRIPTION
The 2024 Business Valuation Challenge℠ is a unique opportunity for U, S. university teams of three to five students to assess the stand-alone value of an actual private company. Twenty-one valuation experts holding senior level positions in their firms act as judges during the preliminary and final rounds of the contest and provide valuable feedback to all participants.
Participating accounting and finance professors and their student teams receive at no cost a real world valuation case. Only some names and locations have been changed for confidentiality. Participants also receive free access to extensive information and databases of Business Valuation Resources, LLC (BVR) that would otherwise cost each student well over $5,000. The BVR materials explain why private and smaller public companies and other private establishments and ventures usually exhibit significantly lower multiples of value than larger public firms and demonstrate how to calculate these differences.
Students evaluated the May, 2014 Valuation Challenge:
“Easily the best experience of my college career.”
“I learned more from this than all my classes this semester. This will stand out on my resume.”
Faculty said:
“It was an exceptional experience… I was impressed with everything…”
“Amazing.”
For more reviews see our Recent Posts (above, right): May, 2014 Valuation Challenge Reviews.
All student participants gain marketable practical skills. And they will be better prepared to excel in the rapidly growing profession of valuation and in company roles involving:
• Financial analysis and business strategy
• Financing (IPOs, ongoing business requirements, restructuring/recapitalizing, bankruptcy)
• Mergers and acquisitions
• Purchase price allocations
• S to C, C to S corporation conversions
• Buybacks
• Shareholder (buy-sell) transactions
• Exit strategy planning and evaluation
• ESOP planning, implementation, and administration
• Incentive compensation planning and evaluation
• Tax planning
• Economic damages estimates
• Eminent domain issues
• Estate and gift planning and evaluation
• Customer and supplier evaluation
First Place - $5,000 cash award and the Kierulff Cup
Second Place - $3,000 cash award
Third Place - $2,000 cash award
If a student can value a private business or establishment they can value a large public company. But the converse is not the case. Valuation requirements and data limitations make the private valuation task substantially more challenging. The U.S. Census Bureau 2011 data show nearly 99,000 firms with 100 or more employees. The Wall Street Journal reported only about 5,000 firms listed on U.S. exchanges in 2012. And for-profit (and non-profit) organizations–large, small, public, and private–need the services of graduates with private company valuation skills. You can help develop and refine these skills in your students by participation in the Business Valuation Challenge℠, the only competition of its kind.
VALUATION CHALLENGE DESCRIPTION
The 2024 Business Valuation Challenge℠ is a unique opportunity for U, S. university teams of three to five students to assess the stand-alone value of an actual private company. Twenty-one valuation experts holding senior level positions in their firms act as judges during the preliminary and final rounds of the contest and provide valuable feedback to all participants.
Participating accounting and finance professors and their student teams receive at no cost a real world valuation case. Only some names and locations have been changed for confidentiality. Participants also receive free access to extensive information and databases of Business Valuation Resources, LLC (BVR) that would otherwise cost each student well over $5,000. The BVR materials explain why private and smaller public companies and other private establishments and ventures usually exhibit significantly lower multiples of value than larger public firms and demonstrate how to calculate these differences.
- A qualified valuation expert may act as a teacher, team coach, or faculty mentor for the participating university faculty member. If assistance in finding a local expert is needed, we have connections with valuation experts throughout the U.S. and will do our best to help. Detailed syllabi and teaching materials used in Georgia State University's valuation classes are freely available on the web site. Teams will create video presentations for judges to view online. The five teams making the best presentations will be invited to present their valuations in the final round at Gergia State University's Buckhead campus.
Students evaluated the May, 2014 Valuation Challenge:
“Easily the best experience of my college career.”
“I learned more from this than all my classes this semester. This will stand out on my resume.”
Faculty said:
“It was an exceptional experience… I was impressed with everything…”
“Amazing.”
For more reviews see our Recent Posts (above, right): May, 2014 Valuation Challenge Reviews.
All student participants gain marketable practical skills. And they will be better prepared to excel in the rapidly growing profession of valuation and in company roles involving:
• Financial analysis and business strategy
• Financing (IPOs, ongoing business requirements, restructuring/recapitalizing, bankruptcy)
• Mergers and acquisitions
• Purchase price allocations
• S to C, C to S corporation conversions
• Buybacks
• Shareholder (buy-sell) transactions
• Exit strategy planning and evaluation
• ESOP planning, implementation, and administration
• Incentive compensation planning and evaluation
• Tax planning
• Economic damages estimates
• Eminent domain issues
• Estate and gift planning and evaluation
• Customer and supplier evaluation