The Booth Private Equity Case Challenge (BPECC), generously supported by Chicago-area private equity firm Water Street, is a case competition that enables teams from Chicago Booth to assess the potential for a leveraged buyout of a publicly-listed company and compete for a cash prize. The Challenge includes a semifinals round in Chicago with the winning team advancing to the global finals round in Oxford, to compete against the advancing teams from participating universities.
To participate in the semifinals, Chicago Booth students will form teams, prepare a proposal and financial model based on a case that will be posted in the early fall term, and apply. From the pool of applicants, a subset of teams are asked to interview with a panel of private equity investors. Interviews consist of brief presentations and Q&A sessions. Following the interview process, three teams are selected to compete in the Chicago Booth semifinals. These teams formally present their proposals to a panel of private equity judges, who select a winner.
The winner of the Chicago Booth semifinals advances to the global finals round in Oxford to compete against the top international finalist teams, where there will be two rounds of competition to determine a winner. In addition, the Booth finalist team has the opportunity to participate in treks to top private equity firms in London, attend the PE Forum in Oxford, and network with faculty, students, and alumni in Oxford.