A team representing St. John Fisher College claimed 1st place at the Deloitte FanTAXtic case study competition, held Jan. 15-17 at Deloitte University, Deloitte’s campus for learning and leadership development. The winning team presented the best analysis on a complex, issues-driven business tax case.
The competition results were thusly:
- 1st place team: Tom Agan, Alex DeRosa, Lauren Owens, Rob Riggio and Todd Stebbins each received $2,000 in scholarship, with St. John Fisher College receiving a $10,000 institutional award.
- 2nd place team: University of Florida received $1,000 per student and a $5,000 institutional award.
- 3rd place team: Brigham Young University received $500 per student and a $2,500 institutional award.
- Honorable mentions: Boston College, Lehigh University, University of Northern Colorado, The Ohio State University, University of San Diego and University of Wisconsin-Milwaukee.
“I am excited about the future of the tax profession based on the caliber of students participating in this competition,” stated Carl Allegretti, chairman and CEO, Deloitte Tax. “The students skillfully addressed tax issues that professionals handle on a daily basis, from tax policy to financial reporting. They are truly getting real-world experience to prepare them for a career in tax. My congratulations to all of the teams – well done.”
“FanTAXtic is an important forum for helping our students prepare for careers in the accounting profession,” said Lynn Mucenski-Keck, faculty advisor, St. John Fisher College team, per a statement. “Its use of real business challenges in a true-to-life setting, gives our students the opportunity to hone their communication, analytical and research skills. We are most appreciative of the Deloitte judges’ time and insights, as well as Deloitte’s generosity in sponsoring this program.”
“We’re proud to have hosted this competition for the 15th year, bringing real-world business scenarios to students as part of the Deloitte Foundation’s focus on helping prepare the next generation of talent,” stated Carol Lindstrom, president of the Deloitte Foundation. “It was exciting to see this year’s student teams work together and use their growing knowledge and skills to deliver outstanding solutions to the business case.”
Each participating team in the national competition won the FanTAXtic contest in their respective U.S. regions prior to the finals. More than 77 teams representing 54 colleges and universities participated in qualifier events throughout the U.S., Nov. 6-7, 2015.
Deloitte FanTAXtic was established in 2002, designed to familiarize students with the tax profession early on in their academic careers.
For more on the FanTAXtic competition, head to Deloitte's site here.