With the rapidly changing environment and increasing levels of market uncertainty, PwC Philippines would like to give students the opportunity to examine and analyze hypothetical proposed transactions, and advise a hypothetical client on how the transaction would add value to them.
Students in their 3rd to final year of college are invited to join and complete a series of assignments designed to test their skills and expertise.
Students will be tasked to help a prospective client improve shareholder value by analyzing a simulated scenario for a local company looking to enhance its business by acquiring another company. The students will have to identify areas for growth of the client and the target, and will be tested in assessing the current economic environment, and the risks, challenges, and opportunities in relation to the proposed transaction.
Judges will pose questions that will test the students’ understanding of various business concepts in Philippine regulations on competition, accounting, economics, tax, due diligence, and corporate finance as well as their proficiency in soft skills (i.e., presentations, public speaking, and critical thinking).
Teams must complete two rounds to win – the Preliminary and Final rounds.
Each round will require them to apply different technical and soft skills in solving problems that may occur when engaging a client during a corporate finance engagement.
During the Final round, finalists will take their cumulative knowledge from the previous round and present their advice and recommendations to the judges.
Winning teams will be awarded with cash prizes and guaranteed internship opportunities with PwC Philippines’ Deals and Corporate Finance Department for 2021.
Students and faculty members may be invited to a series of webinars called “The Dealmaker Seminar Series”, which will focus on due diligence, public speaking, and presentation skills, accounting and tax considerations in business combinations, and introduction to valuations. These are designed to help them on concepts that they will apply during the course of the competition.