Creighton seniors Beth Kampschnieder and Celeste Gassman took first place in Creighton’s “Planning Makes a Difference” financial planning competition.
The competition, which was held in partnership with Northwestern Mutual, asked students to create a financial plan for mock newlyweds looking to start a family.
Each first-place winner was awarded $500 and a practice job interview with Northwestern Mutual.
Kampschnieder said there was only one point between her team and second place. The judges said her team won because of the quality of its initial analysis, which was completed without the help of a certified financial planner at Northwestern Mutual. Students in the competition met with a certified financial planner who made recommendations to their initial analysis during the second round of the competition.
“We covered everything from tax planning to insurance, estate planning - your will - and then retirement planning,” Kampschnieder said.
Kampschnieder, a finance major who plans to go to dental school when she graduates, said the competition will help her become a better dentist.
“I’ll understand the business side of things and how to run my practice,” Kampschnieder said. The senior said she also thinks it will help her relate to people better.
“I think it’s really important to be empowered about your finances and understand what choices you’re making,” she said.
Melissa Leinen and Ryan Ricke placed second in the competition; Taylor Huck and William Paluch placed third and David Sheehan and Raymond Shirley took fourth.