[San Jose State University]

International Collegiate
Business Strategy Competition
Lucas Graduate School > ICBSC > Hall of Fame > 2007

42nd Annual
International Collegiate Business Strategy Competition
April 12-14, 2007

For the 26th year, San José State participated in the International Collegiate Business Strategy Competition. The 43rd annual ICBSC culminated with an intensive on-site competition April 12-14, 2007, hosted by the University of San Diego.

SJSU Team:
EZ Pay Inc.
Award: 1st Runner Up

EZ Pay Inc. represented the Donald and Sally Graduate School of Business in the 2007 competition.

The team consisted of

  • Erin McCullough, Chief Executive Officer
  • Sriram Rao, Chief Financial Officer
  • Mina Matsuchika, Chief Marketing Officer
  • Jason Katzer, Chief Operating Officer

Three team members were students from the Lucas GSB on-campus MBA program, while Katzer was an undergraduate marketing major.

The team’s advisor was Prof. Joel West.

 

Official Photo

Left to right: Mina Matsuchika, Erin McCullough, Sriram Rao and Jason Katzer

[Sriram]EZ Pay was founded to develop and ship a very low-tech product: a plastic (later wood) bill sorting device. The EZ Bill product family was well received over several years, as the SJSU team led all rivals in stock price for four out of the last five years.

The competition involved two months of remote competition over the Internet, followed by two days of intensive competition with their company headquarters located in a hotel room at the Bahia Hotel in San Diego.

[Banquet]EZ Pay competed against four other teams — two from other CSU campuses (Cal State Sacramento and Cal Poly San Luis Obispo), as well as the University of Pacific (in Stockton) and Willamette University in Salem, Oregon.

[Team in HQ]

After two years in which (by design) all teams had identical results, EZ Pay led for three of the next four years. However, the SJSU team was narrowly edged out in the final year by the UoP team.

Financial Performance, Years 1-7
 
San José State
U. Pacific
Company
EZ Pay
Stripes
Total Sales
$145.4
million
$151.3
million
Total Profits
$18.870
million
$18.870
million
Profit margin (ROS)
12.98%
12.48%
Average market share
17.5%
19.2%
Average annual earnings per share
73¢
58¢
Ending stock price
$15.10
$15.71
[Stock Price]

 


Last updated October 2, 2008