CNU Business Students Triumph Again Winning District Title
in Regional College Fed Challenge Competition
News Release - November 19, 2007
Media Contact:
Emily L. Lucier
Press Secretary and Media Manager
emily.lucier@cnu.edu
(757) 594-8428
(NEWPORT NEWS, Va.) - Five Christopher Newport University BSBA Economic Majors in the Joseph W. Luter III School of Business have again triumphed, winning the Fifth District title in the Federal Reserve Bank of Richmond’s 2007 College Fed Challenge held last week. This year’s contest involved 28 teams from colleges and universities throughout the Fifth District, which includes Virginia, Maryland, Washington, D.C, South Carolina and most of West Virginia. CNU Students Mark Bock, Cynthia Gasch, Amber Kazlauskas, Jeff Pfeiffer and Josh Smith edged out teams from the University of North Carolina at Chapel Hill and Mount St. Mary’s University to win the competition.
Left to right : Jeff Pfeiffer, Cynthia Gasch, Dr. Robert Winder (coach), Richmond Fed President Jeffrey M. Lacker,
Mark Bock, Amber Kazlauskas, Josh Smith
This CNU student team will compete against the three other District winners in the nation; Harvard University, Northwestern University and SUNY Geneseo in the national competition, which will be held on November 26 at the Federal Reserve’s Board of Governor’s in Washington, D.C.
The College Fed Challenge is sponsored by the Federal Reserve Bank of Richmond, and is an academic competition designed to encourage better understanding of the nation’s central bank, the forces influencing economic conditions in the United States and abroad, and the ways the economy affects individuals’ lives. Participating student teams gave 20-minute presentations on monetary policy, followed by ten minutes of questions and answers. The final four teams underwent a further round of competition involving intense, on-the-spot questioning about a hypothetical economic event posed by the judges. They were judged on content, teamwork, responses to questions, presentation and style.
Christopher Newport University is a four-year public university in Newport News, Virginia. CNU enrolls 4,800 students in programs through its College of Liberal Arts and Sciences and the Luter School of Business and offers great teaching, small classes and an emphasis on leadership, civic engagement and honor. Visit us at www.cnu.edu.