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Center for Financial Research

2021-2022 FDIC Academic Challenge

FDIC Academic Challenge Logo

Press release: James Madison University College of Business Wins FDIC's 2nd Annual Academic Challenge

Congratulations to James Madison University’s College of Business, winner of the 2021-2022 FDIC Academic Challenge. The team included undergraduate students Sara Kate Garman, Nicolas Gonzalez, Emelia Potteiger, and Noah Vanhoy. The team was advised by Dr. Carl Larsson.

The other finalist teams represented the University of Chicago Kenneth E. Griffin Department of Economics, the State University of New York at Geneseo School of Business, the University of Oregon Lundquist College of Business, and the University of North Carolina at Chapel Hill Economics Department.


The topic for the 2021-2022 FDIC Academic challenge was “The Impacts of COVID-19 on the Banking Sector.” The links below contain the question, datasets, and a data codebook, as well as the public data sources used in compiling the datasets.

Challenge Materials

Question - PDF (Help
Dataset (CSV Format)   (Stata Format) - ZIP (Help
Data Codebook - Excel (Help
Transcript of Q&A Session 

Data Sources

Call Report Data (Call) 
Johns Hopkins University CSSE COVID-19 Data (JHU) 
Small Business Administration (SBA) 
U.S. Census Bureau Household Pulse Survey (Census)

Last Updated: July 13, 2022