Desautels undergraduates secure a win at PRMIA Risk Management Challenge

Congratulations to Desautels BCom students Evan Coulter, Valentyn Litvin, Meagan Prins, and Marina Simonian for winning the PRMIA Risk Management Challenge, marking a third consecutive victory for the Faculty. The team will advance to the International Risk Management Challenge in London, UK on April 7th, 2017 for a chance to win the grand prize of $10,000 USD. Of the fifty-three competing groups, only nine were selected to progress to the final round, with Desautels being the only team from a Quebec university out of eight to move on. 

Under the mentorship of Professors Patrick Augustin and Sebastien Betermier, the students were allotted two weeks to evaluate the risk management practices of a Portuguese public-transport company, Metro do Porto, which had entered into a debt swap deal in 2007 that resulted in high interest payments for the company.