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Wednesday, March 04, 2009

Business students win regional, going to national competition

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A team of accounting students representing the USI College of Business placed first in the Chapter Sustainability category of the Deloitte Best Practices competition held during the 2009 Beta Alpha Psi Midwest Regional Meeting February 27-28 in Indianapolis.

The USI team included Beta Alpha Psi students Kiersten Deig, Emily Shetler and Yekaterina Shirokova of Evansville and Anna Shade of Henderson, Kentucky. Faculty advisors were Dr. Brian McGuire, professor of accounting and associate dean of the College of Business, and Dr. Mehmet Kocakulah, professor of accounting.

As winners of the regional competition, the USI chapter of Beta Alpha Psi received a $500 award to support future chapter activities. In addition, the team will compete on the national level at the 2009 Beta Alpha Psi Annual Meeting August 6-8 in New York City.

In the regional finals, the USI team bested teams representing Ball State University, Eastern Michigan University, Indiana University-Bloomington, Kent State University, Western Illinois University, and Youngstown State University. The teams qualified for the finals based on abstracts submitted prior to the regional conference.

At the conference each team of finalists made a presentation to a three-member panel of judges comprised of professional accountants from public accounting, corporate accounting, and academia. The purpose of the presentation was to encourage chapters to develop and execute a strategy to ensure long-term sustainability, and each of the teams were required to review their current procedures and practices for sustaining success, identify areas that need attention, and develop and implement strategies in potentially weak areas. USI’s team finished in first place, while Youngstown State University finished in second place and Ball State University finished in third place.

Other USI student teams have been successful in former Beta Alpha Psi regional meeting competitions, finishing in first place in 2007 and third place in 2008.

Beta Alpha Psi is an honor society available only to students enrolled in business schools accredited by AACSB International — the Association to Advance Collegiate Schools of Business. The organization recognizes the outstanding achievement of students enrolled in accounting, finance, and computer information systems programs.

Wendy Knipe Bredhold
News & Information Services
812/461-5259 or wkbredhold@usi.edu



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