Big Four firm Deloitte announced this week that a team representing New York University's Stern School of Business won its eighth annual MBA National Case Competition, the first win for the school. The competition, sponsored by Deloitte and its Deloitte Foundation, was held Jan. 4-7 at Deloitte University outside of Dallas.

NYU team members Denitsa Kosharova, Kelly Williams, Eric Gioseffi and Utkarsh Satyawadi won scholarships totaling $20,000 for their presentation on how to grow the coffee company Chameleon Cold-Brew. Members of the 26-person judging panel included the president and CEO of Chameleon, Chris Campbell, as well as other industry leaders from Deloitte and beyond.

Of the final 16 teams to advance to the national finals, MIT Sloan won second place, with Dartmouth's Tuck School of Business and Duke's Fuqua School of Business each taking third and fourth place.

“The New York University Stern School of Business team and all of the other finalists should be proud of their achievements,” stated Amy Feirn, national managing director of the Deloitte Consulting strategy and operations practice, one of the competition judges. “Given the complexity of the case, and the challenge presented by Chameleon to the teams, I am confident this year’s students will go on to make an impact in business as they have a great deal of creativity, insight and passion to offer.”

“The Deloitte Foundation understands that today’s business challenges require talent and leaders that are agile thinkers and problem-solvers who can think outside the box to create new solutions that improve our industries,” said Tonie Leatherberry, president of the Deloitte Foundation, in a statement. “The MBA National Case Competition, as well as our other education programs, are designed to amplify the classroom learning experience, provide opportunities for students to apply their knowledge and ultimately grow the pipeline of future talent. We continue to be inspired by the exceptional skills each student team brings to the competition.”

This year's finalists included teams representing the following institutions and their MBA programs:

  • Berkeley Haas School of Business
  • Carnegie Mellon Tepper School of Business
  • Columbia Business School
  • Cornell Johnson College of Business
  • Dartmouth Tuck School of Business
  • Duke Fuqua School of Business
  • Emory Goizueta Business School
  • MIT Sloan
  • New York University Stern School of Business
  • Northwestern Kellogg School of Management
  • UCLA Anderson School of Management
  • University of Chicago Booth School of Business
  • University of Michigan Ross School of Business
  • University of North Carolina Kenan-Flagler
  • University of Texas McCombs School of Business
  • University of Virginia Darden School of Business

For more on the competition, head to Deloitte's site here.