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UW-Eau Claire Business Students Compete in National Personal Finance Competition in Arizona

RELEASED: March 16, 2006

EAU CLAIRE — The University of Wisconsin-Eau Claire organization Students in Free Enterprise sent a team of four senior business students to compete in the national personal finance competition "Duel in the Desert."

The competition was held at the University of Arizona in Tucson, Thursday, March 2, through Sunday, March 5. Twenty-five universities from around the country participated in the intercollegiate competition.

Representing UW-Eau Claire at "Duel in the Desert" was SIFE president Jana Anderson, Northfield, Minn., and active members Theodore Howard, Madison, Crystal Kirchner, Shoreview, Minn., and James Mueller, Sun Prairie.

The "Duel in the Desert" competition involved a case study, which the team had 36 hours to research and analyze, Anderson said. Then the team had 25 minutes to propose their solutions to judges in a professional presentation.

UW-Eau Claire SIFE qualified for the national competition after winning first place and $2,500 at the regional competition, "Duel in the Dairyland," held in Madison last fall.

The regional case at "Duel in the Dairyland" involved investing, budgeting and financial lifestyle, while the national case was more technical, involving legal, investing, budgeting and estate planning, Anderson said.

The UW-Eau Claire SIFE team enlisted the help of local attorneys, financial planners, professors and other professions to help with their proposed solution to the case.

SIFE provides college students with the opportunity to develop leadership, teamwork and communication skills through learning, practicing and teaching the principles of free enterprise.

-30-

BC/NW

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