By Melanie Eversley

Graduate business students from HBCU Clark Atlanta University won first place in a highly competitive school competition last month over teams from 32 other schools, including the University of Michigan, Howard University, New York University and the College of William & Mary.

The contest held at the National Black MBA Association meeting in Chicago awarded the three-member winning team $25,000 in scholarships for coming up with the best solution to a business problem. 

Georgia Tech placed second in the contest and Michigan placed third, according to Clark Atlanta.

The HBCU was established in 1988 when Clark University and Atlanta University merged.