ARGUS University Challenge

ARGUS University Challenge

Every year, the ARGUS University Challenge brings dozens of aspiring real estate professionals to present a paper with the best investment analysis and conclusion for a fictitious real estate opportunity.

About the 2024 challenge
Challenge author
Judges
Prizes, team and dates

About the challenge


All teams are asked to present a summary investment recommendation to the King and the Investment Committee of the Royal State Fund regarding Kings Courts.

The report should encompass a comprehensive analysis of the property's performance for the next ten years, considering building, pre-letting, financing, development, and market data, along with personal assumptions using ARGUS Enterprise.


ARGUS University Challenge About

About our University Challenge author


Björn is a Professor of Real Estate Studies at the Department of Civil Engineering of RPTU. A special focus of his research team is on Digital Real Estate Management.

The team partners with data scientists to develop algorithms for document classification and data extraction using Machine Learning (ML). The team is further interested in Principles of Real Estate Development that add to the sustainable development of our built environment.

Bjorn-Martin Kurzrock's Profile
Björn-Martin Kurzrock

Professor of Real Estate Studies

Christopher Bourn's Profile
Christopher Bourn

Lecturer

Gary-Brown-NAI-Partners's Profile
Gary Brown

Managing Director

Mike Goode's Profile
Mike Goode

Real Estate Consultant

Raymond-Wong's Profile
Ray Wong

Vice President, Data Solutions Delivery

Prizes


Students will compete for scholarship awards totaling $25,000.

  • 1st prize winner receives: $15,000

  • 2nd prize winner receives: $6,000

  • 3rd prize winner receives: $3,000

  • Honorable mention winner receives: $1,000


About your team


  • Each university may enter a team of 3 – 5 members and each member of the team must be enrolled at their university

  • Each team must have a chosen faculty member serving as the advisor and to confirm the current enrolment status of each team member

  • To submit your team registration, email challenge@altusgroup.com with your group team name, name and email addresses of each team member no later than Thursday, February 15, 2024

  • No external help outside the core team is allowed to assist with the case


Important dates


  • Registration for the challenge will be available on January 10, 2024, on the University Challenge page.

  • The download for the challenge will be made available Tuesday, February 20, 2024, on the University Challenge page.

  • Teams are to submit their cases and ARGUS files by email to challenge@altusgroup.com no later than March 22, 2024

  • Our panel of judges will review and assess each case study, with winners to be announced on April 15, 2024


Additional information


  • Announcement of the winners of this competition will be announced and shared via our website, social media channels and newsletters

  • Participants’ names, pictures, and school logos will also be published on the website

  • Should you have any questions about the University Challenge, please contact us at challenge@altusgroup.com

2024 ARGUS University Challenge winners

Every year, the ARGUS University Challenge brings together teams of aspiring real estate professionals, sponsored by a participating professor, to present a paper with the best investment analysis and recommendations based on a fictitious real estate opportunity.


About this year's challenge

All teams are asked to present a summary investment recommendation to the King and the Investment Committee of the Royal State Fund regarding Kings Courts.

The report should encompass a comprehensive analysis of the property's performance for the next ten years, considering building, pre-letting, financing, development, and market data, along with personal assumptions using ARGUS Enterprise.

ARGUS University Challenge Case

First place


University of San Diego


  • Professor: Charles Tu

  • Students: Kevin Dixon, Dillard Harvey, Hunter Loncar, Grant Neeley, Sandis Seale


Download the case study

ARGUS University Challenge University of San Diego
ARGUS University Challenge IREBS

SECOND place


IREBS International Real Estate Business School, University of Regensburg


  • Professor: Wolfgang Schaefers

  • Students: Lars Baur, Michele Cirillo, Clara-Maria Hamberger, Antonia Radmacher, Konstantin Muratov


Download the case study

THIRD place


Cornell University


  • Professor: Daniel Lebret

  • Students: Chris de Mestre, Chloe Xiang, Rohit Vilas Kharche, Kai Yang, Abdullah Syarifuddin


Download the case study

ARGUS University Challenge Cornell University
ARGUS University Challenge Baruch College

Fourth place


Baruch College


  • Professor: Zoey Tang

  • Students: Aditya Agarwal, Sixi Chen, Shubham Jadhao


Download the case study