LSU Team Reaches Semifinals at National Banking Competition

May 26, 2017

team

Members of the LSU team (left to right) Micah Odam, Timothy Vince,
Nicholas Jindia, and Bank of Zachary President Mark Marionneaux.

BATON ROUGE – A team of banking students from the LSU Department of Finance made it to the semifinals of the national Conference of State Bank Supervisors Community Bank Case Study Competition, finishing just outside the finalist group of the top five.

The LSU team was Micah Odam of Baton Rouge; Timothy Vince of Mandeville; Nicholas Jindia of Lafayette; Matthew Shulze of Pewaukee, Wis.; and Thomas Laborde of Lafayette. They partnered with Preston Kennedy, chief executive officer of Bank of Zachary, and Mark Marionneaux, president of Bank of Zachary.

The team members were all current or prior students in Finance Instructor Brian Andrews' commercial bank management course.

“Part of our mission is to deliver a superior intellectual and professional learning experience that cultivates future business leaders through real-world learning and critical thinking exercises,” Andrews said. “This competition helped us achieve those goals for the participating students. Many thanks to the Bank of Zachary for partnering with our students and creating a wonderful learning experience.”

In all, 33 undergraduate student teams from universities and colleges around the United States participated in the competition, partnering with banks to conduct original case studies. This year’s competition focused on the issues of management succession being faced by community banks and included a full financial review of the partner bank’s financial condition.

“The competition was very educational and allowed (the team) to get a firsthand view of the community bank industry, the issues it faces, and how it mitigates those issues,” Odam said. “Prior to the competition, I was not aware of the succession problem in banks, so it was interesting to explore that topic and how the Bank of Zachary handled its leadership development.”

About the Department of Finance
The Department of Finance offers high-quality curricula to undergraduate and graduate students interested in careers in corporate finance, asset management, real estate, insurance, banking, financial planning and business law. The department boasts internationally renowned research faculty in several areas, including derivatives, asset management, banking and spatial econometrics. The department’s Securities Markets Analysis Research & Trading Lab utilizes the Bloomberg Professional service, the platform used by more than 300,000 leading business and financial professionals worldwide to make informed business decisions, and an extensive library of financial data bases including the Wharton WRDS System. Additionally, the department encourages, supports and conducts research in real estate by housing the nationally renowned Real Estate Research Institute. For more information, visit our home page or call 225-578-6291.

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Angela McBride
LSU E. J. Ourso College of Business
225-578-7833