Villanova, PA, January 8, 2013 – A team of Villanova School of Business (VSB) students was named one of five national finalists in the PricewaterhouseCoopers (PwC) Extreme Accounting (xACT) Competition. Joseph Brady ’15 VSB, Douglas Jadis ’15 VSB, Nicholas LaTorre ’15 VSB, Christian Ludwig ’15 VSB, and Richard Ulrich ’15 VSB comprised Villanova’s team.
The xACT challenge is a high-level case competition that tests students’ critical thinking, decision making, collaboration, time management and presentation skills. Each team has two weeks to develop a solution to a real-world accounting issue, which they then present to a panel of PwC representatives. The winning team from each participating campus is considered to compete in the national finals in New York City, but ultimately only five teams are chosen. Nearly 50 schools from across the country participated this year in the xACT competition.
As a finalist, VSB’s student team received $10,000. “The team did an outstanding job at the xACT finals in NYC. Many people told me how impressed they were with our team,” said Kenneth Hiltebeitel, PhD, who advised the team along with James Borden, PhD. This marks the fifth occasion that the VSB team has reached the finals in the xACT Competition.