The Swanton Accounting program was recently invited to the University of Toledo to compete in the University of Toledo Business Challenge sponsored through Junior Achievement. This is an invitation only contest for business and marketing programs that the university considers to be the top 25 in the region.
Swanton’s team, consisting of Trevor Schaller, Sidney Taylor and Tanner Callicotte competed to a fourth place finish in the preliminary morning round of competition with a first place tally in their division in the afternoon. All three students received $500 in scholarship money for placing in the championship rank.
Students in the contest are matched with a corporate volunteer that advises them through the 15 rounds of competition. Each seven minute round requires students to make up to 30 financial decisions based on economic conditions that include marketing, research and development, product lines, payroll and benefit issues. Student decisions are then graded through a computer simulation that scores each team based on the economic realities of their choices.