University of Toronto commerce students are bracing for this Saturday’s Battle for CA$H competition, sponsored by the Institute of Chartered Accountants of Ontario.
There, 39 teams of undergraduate business students selected by student societies from 18 universities across the province will aim to out-fox each other for rewards that include impressing future employers, and also a respectable pile of money.
Evgenia Volodarski, one of this year’s competitors, was also involved in last year’s competition, in which U of T excelled in technical aspects, but lost out in peer judging of their ethics.
“Maybe we were a bit big-headed,” she allowed, promising to be “more humble” this year and “win with decorum and class.”
Team spirit is strong among the first-year students of St. George’s highly competitive commerce program. Andrew Lenjosek, a commerce freshman, said he hopes to beat competing schools to “keep up the U of T pride.”
Beyond bragging rights, prizes include major resumé material, according to competitors.
“I’m really looking forward to representing University of Toronto, the amazing networking opportunities, and the chance to meet other students from their respective universities,” said Belinda Chiu, a junior ambassador for the Accounting Society of U of T.
“It is a great way for students in all years to not only develop their teamwork and interpersonal skills, but also […] a chance to interact with leaders in the accounting industry—notably experienced representatives from the Big Four accounting firms,” added Chiu’s teammate, Boyan Zhao.
All teams will aim to beat last year’s CA$H champs—UTSC—for the $3,000 first place prize and the additional $1,000 that goes to the winning university’s accounting club.
According to Bessie Qu, a second-year commerce student involved in several committees of ASUT and the Commerce Student Association, CA$H allows U of T students to see how they measure up against students from other universities, especially in skills not taught in the classroom.
The competition, which will take place at ICAO’s offices in Toronto this Saturday, will focus not just on arithmetic, but also problemsolving, teamwork, and strategizing.
“All the math skills in the world cannot help without these competencies,” said Perry Jensen, of the Institute of Chartered Accountants of Ontario. “[CA$H] is also a chance for major employers to talk about what they are looking for and a chance to win money. And who doesn’t love money?”