The 2012 Case Study Competition proved to be an interactive, educational, and collaborative event that challenged students to work with peers to analyze data, develop ideas, and communicate findings. The Competition also provided a glimpse of how Internal Audit can provide exciting opportunities to learn, develop, and grow a student’s career. The subject of the 2012 Case Study was a Private Third-Party Claims Processor for Medicare, with a focus on the IT environment at the company. Teams consisted of 3 to 5 students, with teams participating from 5 different schools in the Philadelphia area (Temple University, Drexel University, University of Pennsylvania, Eastern University, and Villanova University).
There were 11 written team submissions to the Case Study questions, and IIA professionals were assigned as advisors to each of the teams to answer questions, coach the teams, and offer “real world” perspectives to the 44 student participants. From these submissions, the IIA Academic Relations committee members selected the top 6 teams to give oral presentations about the Case Study. The top 6 finalists gave 10 minute presentations on Friday, May 18 at PICPA’s offices in Philadelphia and responded to questions from a panel of approximately 10 judges.
The judges selected the top 3 teams after hearing the presentations and awarded cash prizes to the winners. The team Nova Nation from Villanova University won the 2012 IIA/PICPA Case Study Competition. The names of the group members were Roberra Aklilu, Thomas Hargraves, and John Flowers. Each group member from the 1st place team received a $500 cash prize. The team Mind the GAAP from Villanova University finished in second place. The names of the group members were Robert Verrone, Ricky Baum, Chris Mederos, Nate Henderson, and Will Horyn. Each group member from the 2nd place team received a $250 cash prize. The team named Mind the GAAP from the University of Pennsylvania finished in third place. The names of the group members were Heather Xu, Roger Ou, Yujia Liu, and Alexander Yuan. Each group member from the 3rd place team received a $100 cash prize.