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External Partners Alumni Search Submit Return to home Search Search About About Olin Home Why Olin Equity, Diversity & Inclusion Leadership & Strategy News & Media Events Contact Us Programs Programs Home Explore Our Programs BS in Business Administration MBAs Specialized Master's Doctoral Executive Education Dual Degrees Faculty & Research Faculty & Research Home Faculty Directory Research Research Centers Olin Brookings Commission Olin Award Student Resources Student Resources Home Career Services Center for Experiential Learning Entrepreneurship Academic Calendars Student Organizations For Current Students For Military Veterans Admissions Admissions Home Scholarships & Aid Attend Program Events Visit Olin Ask a Student Student Profiles Request Information Refer a Candidate External Partners Alumni Student team wins USC Stock Pitch Competition April 5, 2017 By Guest Blogger 2 minute read Home News Student team wins USC Stock Pitch Competition Our WashU team placed first at the USC Stock Pitch Competition, a national stock pitch competition hosted by the USC Value Investing Group from March 31st to April 1st, winning $1,000. We pitched a short on 2U, Inc. (NASDAQ: TWOU), an online program manager (OPM) that partners with universities to create the online equivalents of their on-campus degree programs. Our investment thesis was that investors were overlooking the impact of increased competition and overestimating the quality of the company’s business model. While the company has grown revenue considerably over the past several years, we believed that this increase in revenue did not translate into meaningful economic value creation, and that the company was likely to disappoint on analysts’ overly-optimistic revenue estimates going forward. As part of our preparation, we spent close to a month conducting extensive primary research. We held discussions with former employees of OPMs, market research analysts, and 2U customers in order to inform our view of the business and the industry. Team members are part of the Washington University Student Investment Fund (WUSIF): Christopher Campbell (BSBA 2017), Botao Chen (BA 2018), Conner Coan (BSBA 2019), and Ziwen Zhang (BSBA 2019). The competition began in February, when teams submitted a two-page investment summary. From these submissions, of which a record number were received this year, 23 teams were invited to the competition held at USC. There, teams were divided into groups, with the top team from each group advancing to the final round. In the final round, teams presented their investment thesis to final round judges in a 12-minute presentation, followed by a 10-minute Q&A. The competition was judged by investment professionals from Oaktree, Capital Group, Solstein Capital, Deep Field Asset Management, and TCW. We competed against universities from the United States and Canada, including teams from UC Berkeley Haas, NYU Stern, UT Austin McCombs, Notre Dame, USC and the University of British Columbia, among others. The competition also included networking events and a career panel. Guest Blogger: Christopher Campbell, BSBA’17 About the Author Guest Blogger From time to time we have professors, students, staff, alumni, or friends who are not regular contributors, but want to share something with the community. Be sure to look at the bottom of the post to see the author. Contact Us For assistance in finding faculty experts, please contact Washington University Public Affairs. Monday–Friday, 8:30 to 5 p.m. Sara Savat, Senior News Director, Business and Social [email protected]   Kurt Greenbaum,Communications [email protected] Twitter: WUSTLnews Share article Apply Now Visit Us Request Info One Brookings Drive, St. Louis, MO 63130-4899 [email protected] 314-935-7301 News & Media Events Faculty Directory WashU Center for Career Engagement Washington University home Olin Links Sitemap Privacy Policies Title IX Accessibility ©2024 Washington University in St. Louis

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