The Toigo Foundation and B. Riley Financial, Inc. announced the successful culmination of the 2021 Summer MBA Investment Competition. Almost 50 MBAs participated in an immersive four-month summer program uniquely designed to facilitate industry education, mentorship, and the practical application of present-day business strategies led by experienced investment professionals from B. Riley.
Student teams participated in a robust business curriculum spanning ESG and socially responsible investment opportunities, SPACs, Acquisitions and Capital Allocation. The program culminated with a competition to present investment recommendations to a panel of B. Riley professionals and Toigo Alumni. At the conclusion of the program, B. Riley awarded a total of $60,000 to members of the four winning teams.
“B. Riley’s contribution to Toigo’s portfolio of training opportunities adds a rich, experiential dimension to the Foundation’s MBA curriculum and reflects the firm’s commitment to the continued development of diverse talent across the financial services landscape,” said Kristy Posocco, Director of Education and Career Advancement for Toigo. “B. Riley’s investment in the education of these rising financial services leaders and their commitment to diversity and inclusion is evident based on the nearly 20 senior leaders of the firm who participated throughout all phases of the program.”
The program provided an outstanding platform to produce and present real time deliverables through a model synthesizing business education, collaboration and coaching based on real-world experience. Additionally, it offered MBAs an opportunity to expand their networks through the development of peer teams and with access to B. Riley’s experienced investment professionals.
“This program was as much a learning experience for our team as it was for the MBA participants. We were inspired by the forward-thinking ideas presented to us, and by the overall passion and creativity of the winning teams. Working with Toigo has been an invaluable experience and B. Riley is incredibly proud to support the organization as a partner,” said Bryant Riley, Chairman and Co-Chief Executive of B. Riley Financial.
The Foundation’s focus on expanding the learning opportunities for Fellows and Finalists of the Toigo MBA Program led to the creation of the program through the enthusiastic engagement and financial support from B. Riley Financial.