Press Releases

photo of College Fed Challenge team from JMU

Nov. 19, 2013

James Madison University Wins College Fed Challenge Round

Richmond, Va.

Students from James Madison University won the district title in the Federal Reserve Bank of Richmond’s College Fed Challenge competition. The winning team included students Schyler Bogert, Kendra Christensen, Brendan English, Michael McCullough, Bela Reeves and John Sims. The team was coached by Professor Philip Heap. 

JMU, located in Harrisonburg, Va., competed in the district finals against teams from American University, of Washington, D.C. , and Elon University, of Elon, N.C. By winning the district title, James Madison University advances to the national competition to be held December 2 at the Federal Reserve Board of Governors in Washington, D.C.

Preliminary rounds of the competition were held in Richmond, Baltimore and Charlotte offices earlier in the month.

College Fed Challenge is an academic competition designed to deepen students’ understanding of the nation’s central bank. Students delivered 15-minute presentations on monetary policy and fielded questions from judges during a 15-minute Q&A session. Teams were scored on content and analysis, responses to questions, teamwork, presentation and style.

View photo of James Madison University, Harrisonburg, Va.
Back row pictured from left to right: Brendan English, Schyler Bogert, Michael McCullough, John Sims
Front row pictured from left to right: Bela Reeves, Kendra Christensen

View photo of American University, Washington, D.C.
Pictured from left to right: Professor Evan Kraft, Charles Bilyue, Kevin Kurtz, Alex Adamczyk

View photo of Elon University, Elon, N.C.
Back row pictured from left to right: Professor Vitaliy Strohush, Edward Cooley, Brantley Stone, Jeffrey Baldetti, Burke Hrovat, Professor Jennifer Platania
Front row pictured from left to right: Rebecca Stoddard, Stephanie Tizik.

The Richmond Fed serves the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia. As part of the nation's central bank, we're one of 12 regional Reserve Banks that work together with the Federal Reserve's Board of Governors to strengthen the economy and our communities. We manage the nation's money supply to keep inflation low and help the economy grow. We also supervise and regulate financial institutions to help safeguard our nation's financial system and protect the integrity and efficiency of our payments system.


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