Sign up for the 2026 FinanceLab M&A Competition

Previous years cases and solutions

Find cases and the winning solution for previous years here.

Terms and conditions

¶ 1 A team will be disqualified if it violates any of the rules enlisted below. If such incidence occurs, it cannot be revoked.

¶ 2 FinanceLab’s M&A Competition has the property rights of any material produced during the competition, i.e. photos, videos, presentations.

¶ 3 Late submissions are not allowed and the presentation by the group has to be submitted before tbd. There are not allowed to be any modifications to the Power-Point after hand-in unless the team progresses to the Final where it will receive additional time to edit their slides.

¶ 4 Presentations have to be submitted in English and using Microsoft PowerPoint .pptx files as well as pdf. The teams are, however, also allowed to use cue cards and / or notes during the presentations if needed.

¶ 5 The presentation can contain no more than 15 slides (excl. front page and breakers), you may include a maximum of 15 appendix slides. The finalists will be allowed to create additional slides (max 5) before the final based on the feedback received during their semifinal.

¶ 6 The case will describe the evaluation criteria.

¶ 7 If the team reaches the Semi-Finals it will be assigned to one of three groups, where it will compete against two other teams in that Semi-Final.

¶ 8 In the Semi-Finals, each team will present their solution to a panel of judges. The judges will select one team from each Semi-Final to qualify for the Final round. The Final will consist of three teams, where a panel of judges will select the winner of FinanceLab’s M&A Competition.

¶ 9 In the Semi-Finals, each presentation will consist of a 15-minute presentation followed by 10 minutes of Q&A. In the Final, each presentation will consist of a 20-minute presentation followed by 10 minutes of Q&A. The Q&A will consist of questions from the judges. Both during the presentation and the Q&A, the teams will be notified when five minutes and one minute remains.

¶ 10 The teams will not be allowed to watch any of the other teams’ presentations during the Semi-Finals.

¶ 11 The Finalists will not be allowed to watch any of the other Finalists’ presentations prior to their own presentation in the Final.

¶ 12 Participants have to bring their own computers.

¶ 13 Participating teams are allowed to use all Internet resources including the online resources accessible through the CBS Library in order to research and prepare their case solution.

¶ 14 Each international team making it to the semi-finals will get travel costs reimbursed for up to DKK 7.000.