Five Students Particpate in ARGUS Software University Challenge

During the Spring 2011 semester, five students – Dan Sonnentag, Greg Hiban, Andrew MacDonald, Andrew Giannone, and Tom Allen participated in a nationwide competition hosted by ARGUS.  This unique challenge gave students the opportunity to participate in a powerful and compelling financial analysis based competition to enhance their knowledge of ARGUS Valuation – DCF.

The team prepared an ARGUS Valuation-DCF model as well as a written report explaining the results of their analysis.  Twenty-two universities from across the nation participated in this challenge.  First place went to University of San Diego, second to Emory University, and third to University of North Carolina.  Although Penn State did not place it provided our aspiring real estate professionals with valuable exposure to a widely used software program.