We believe in education through action-based learning. That is why every semester, AIC organizes case competitions so that members can apply the concepts they learn in the classroom toward real-world projects. Our two competitions provide members with opportunities to work together as a team, practice their accounting and financial modeling, and hone their presentational skills in a competitive but nurturing environment. Additionally, our competition topics focus on long-term investments in the private markets, exposing members to career paths and investment strategies that are different from our Investment Fund.

COMMERCIAL REAL ESTATE

The Commercial Real Estate competition is held every fall semester. Each year, the competition focuses on a different segment of the real estate market, with previous topics being multifamily, retail, and office segments. Teams sort through the offering memorandums of properties currently on the market and select one of them to invest in using a combination of debt and cash. They will evaluate both the qualitative aspects of the property, such as its location and submarket, and construct a detailed financial model to project future cash flow and repayment of debt. Teams will also have the opportunity to think of creative value-add projects to increase the value of the property. At the end of the semester, the top four teams will present their investment ideas to a panel of real estate professionals, where they are challenged on their knowledge of the deal, presentation skills, and ability to answer difficult questions under pressure.

CRE SAMPLE PRESENTATION →

PRIVATE EQUITY

The Private Equity competition is held every winter semester and focuses on the leveraged buyout (LBO), a common financial transaction where private equity firms use a significant amount of debt to acquire another company. Teams are tasked with identifying a publicly-traded small- or mid-cap company they would like to purchase, where they will dissect the company's financial statements, analyze its industry, and determine its competitive advantages. They will then build a detailed LBO model that demonstrates the feasiblity of the deal, where they must balance numerous factors such as the amount of debt to use, what exit strategy to use, and capital expenditures needed to improve the value of the company. At the end of the semester, the top four teams will pitch their ideas to a panel of private equity professionals, where their knowledge of the deal, presentation skills, and composure will be put to the test.

PE SAMPLE PRESENTATION →