William Cook and Matthew Chapman
Teammates in business
Growing up, they became friends playing sports together. Now, William Cook and Matthew Chapman are engaged in the sport of finance, crushing major competitions in Canada and the USA. It’s been a journey for the two friends from Lunenburg, who now have networks in Toronto, Vancouver, Boston, New York and Montreal.
“We’ve known each other since we were at least eight years old, through various sports during our junior high days,” said Will. “Our community’s pretty tight in that regard. We got to know each other really well at Park View Education Centre, and then we came here. And after first year, we were like, why don’t we room together, given we had so many similar interests?”
Same town, different families
Will and Matt’s families exposed them to different paths early on.
“My dad’s an entrepreneur who runs the Knot Pub in Lunenburg, and my mom is a nurse practitioner. So, I was partially interested in science because of my mom, but my grandfather ran a TD bank branch for 35 years, and my uncle was a managing director for CI’s private wealth Atlantic division, so that’s where my interest in finance started,” said Will.
“He mentors him as well,” adds Matt.
For Matt, “It was kind of the opposite. My dad has a civil engineering degree and a bachelor’s in physics. I think he wanted me to be an engineer, but I just did not like science. My sister went to Saint Mary’s ahead of me, and she took finance and liked it a lot. So, I was like, maybe that's something I might be interested in.”
Finance and economics proved to be the right combination for Matt. “My father wanted me to get a business degree because he knew that's where my passion lies. It worked out because we have a family construction company, Maritime Homes Ltd. He does the technical side, and I help with the business side.”
Competition successes: Impact Fund and Venture Grade
The two friends have been actively involved on campus since they arrived.
William Cook scored a coveted Research Associate spot with the Impact Fund team in his second year. In the history of the Fund, only one other student in memory has made it onto the team before third year. He completed his two years as a Fund Manager and travelled to Vancouver, New York and Toronto, taking part in competitions as part of the Impact Team. The largest of these competitions were the Rotman International Trading Competition (Toronto), the National Investment Banking Competition (Vancouver), and the Sauder Capital Markets Challenge (Vancouver). Now in his fourth year, he is part of Venture Grade, another student investment program.
Venture Grade Team at VCIC in Boston
Matthew Chapman is a fourth-year Finance and Economics student and is also with Venture Grade. He was part of the undergraduate Venture Grade team, with Lydia Ramsay, Katie Murray, Brennan Campbell and Vaishali Sachdeva, that travelled to Boston in February to compete in the New England regionals. The team took first place, besting prestigious American teams from New York University, Tufts University, and last year’s global champion, Dartmouth College. In late April, they will compete in the global competition.
“Yeah, we won. We were first in every category. The whole trip, we jelled well as a team. We're excited for Worlds.”
The value of competitions
Will and Matt acknowledged that the competitions were important for both building their networks and applying what they learned in the classroom.
“Stressful, but what a great opportunity to meet people from across the world who are doing the same kind of stuff,” said Will. “Competitions, being on new teams, it’s huge for relationship-building.” He notes that students competing in these high-level competitions form their own national network, recognizing one another from past events.
Matt says that after the VCIC competition Saint Mary’s hosted, he invited the other teams to socialize downtown.
“Every team except for one showed up. And that's where you really start to make good connections. The next day, I'm getting LinkedIn DMs saying, ‘that was awesome.’”
Matt also notes that the pressure of competition has helped them feel prepared for the work world.
“Going to these competitions, you know they're going to be tough. But you can come out of it knowing and learning so much more because of the time frame and the pressure you were put under. So that's kind of the trade-off. But it's a good one.”
Will says, “It's almost like when you hear people talk about these high-pressure jobs. What you learn in those five days might have taken you three months if you had taken it slower. It's a sped-up version of learning for sure.”
The next challenge: launching their careers
With degrees in hand this May, and having trained and tested their skills in competition, Will and Matt are ready to level up as they head into their careers. What is ahead for these high achievers?
Will is headed to Montreal. “I am beyond excited to join Heward Investment Management and learn more about the family office industry. It’s the same place I interned last summer, an asset management firm, which has now transformed into a family office-style firm. I am fortunate that the new CEO, Eric Lapointe, brings an immense amount of industry experience, which is great for someone like me, just starting my career. Montreal is going to be different for me, because I'm from Lunenburg. And now I have to learn French.”
Matt will manage projects for his family’s business. “We are in a unique industry, modular construction. It's been growing in a big way. I'm going to be managing almost all our projects. So, I can get more into the technical side because that's where I'm not as strong. And obviously, Dad's going to help and mentor me there. He loves the sales side of our business. It'll be a good combination.”
Advice for future students
For other students coming to the Sobey School of Business, both say: get involved. The Impact Team is crucial, says Will, for anyone planning to pursue a career in corporate finance. “Because it’s real money, it makes it a little bit more serious. You need to do a full resume, cover letter and interview process to get in, so it's prestigious in that sense.”
And Matthew adds, take part in competitions. With the intensity of preparing and competing, when you get to the work world, “You kind of hit the ground running rather than taking that month or two to learn anything.”
