Introducing the MFT & Flagstar FinTech Business Challenge
Featuring $3,000 in Cash Prizes for undergraduate students
Flagstar Bank is sponsoring a business challenge for students to gain hands on skills with developing a tech-based recommendation to a real world problem. In teams of 3–5, students will work to identify potential solutions and present in front of a panel of judges.
Teams have the opportunity to practice business skills, network with the Flagstar team, and win cash prizes.
Key Links:
- Competition website
- Case background, instructions & prompt
- Registration (closes December 14th at Midnight)
Students of all majors and backgrounds are encouraged to participate in this opportunity.
Please note that this opportunity is only open to current undergraduate students at the University of Michigan.
“How does technology play a role in the Branch of the Future? How can Flagstar attract, retain, and engage consumers, utilizing new market technologies combined with the company’s physical geography?”
This is a case study from Flagstar Bank and simulates strategic decisions that the company may face. Each group of finalists will analyze different strategic opportunities and prepare a 10-minute presentation and then answer 5 minutes of questions from a panel of judges.
The Michigan Fintech Business Challenge presented by Flagstar Bank has been designed to provide interested undergraduate students with an opportunity to demonstrate and further develop their analytical, critical thinking and creative skills in a business context. While there will be a “winning team”, all participants will benefit from the experience. The case is ideal for those students considering a career in banking, consulting, corporate finance, or technology. The presentations by the finalists will also allow the panel of judges from Flagstar Bank to observe students’ presentation and analytical skills (prompt).
Timeline:
- December 14th (midnight): Final deadline for Team sign-up. Must include names, resumes, one page description, and team name
- December 20th (midnight): Team Finalists and Waitlisted Teams Released
- January 18th: Competition Day at Michigan Ross
Cash Prizes:
- First Place: $1,500, company swag and first round interviews for summer internships
- Second Place: $1,000, company swag and first round interviews for summer internships
- Third Place: $500, company swag and first round interviews for summer internships
Any additional information can be found on our website below. Feel free to reach out to mft-executives@umich.edu with any questions.
Follow MFT on social media to stay updated for information on event specifics.
Instagram: @michiganfintech
LinkedIn: Michigan FinTech
Facebook: Michigan FinTech
