Tag: Dan Eskola

Annual APMP Scholarships Awarded

APMP students hard at work.

The School of Business and Economics awards annual scholarships to students who participate in the Applied Portfolio Management Program (APMP).  The scholarships are made possible by generous donors who have setup funds to recognize specific skill sets and characteristics in the recipients.  Each scholarship is awarded in the Spring of the academic year. We are very grateful to the generous donors that provide excellent opportunities to stand-out APMP students at Michigan Tech.

2012 Scholarship Recipients

Clarence Fisher APMP Scholarship – Jessie Patrick

Chester Reault APMP Scholarship – Todd Storm

Norb Verville APMP Scholarship – Mike Harri

Joe Dancy LSGI Scholarship – Dan Eskola

Hugh Makens APMP Scholarship – Pat Carroll

Jeff Call Memorial APMP Scholarship – Rachael Ristau

Scholarship Descriptions

The Clarence Fisher, Chester Rheault, and Norb Verville APMP scholarships recognize the impact these three former Advisory Board members had in founding APMP.  Recipients of these scholarships this year were: Jesse Patrick, Todd Storm, and Mike Harri, respectively.

As an APMP Board member from origination through today, the Hugh Makens APMP scholarship honors Hugh’s continual support of the students and the program.  Pat Carroll is the 2012 recipient.

Dan Eskola was the recipient of the LSGI Fund Scholarship, also known as the Joe Dancy LSGI Scholarship.  This scholarship is awarded to the student who displays excellent academic achievement, expresses an interest in finance or applied mathematics, and demonstrates high moral and ethical characteristics.  The LSGI Fund is a hedge fund managed by Joe Dancy, a Michigan Tech alumnus from Dallas, TX.

Finally, the Jeff Call Memorial Scholarship was given to Rachael Ristau.  Jeff Call, a 2002 graduate of the School and the APMP, passed away unexpectedly in 2006.  To honor Jeff’s contributions to the School and the APMP Advisory Board, together with Jeff’s parents, the groups established the Jeff Call Memorial Scholarship.  It is awarded annually to the senior who demonstrates the highest degree of commitment to APMP—a commitment Jeff displayed every day during his time at Michigan Tech.

Finance Club Experiences Chicago

Finance Club enjoying a tour of the Chicago Board of Option Exchange.

On Wednesday, March 14th, Michigan Tech’s Finance Club traveled down to Chicago for a whirlwind tour of financial organizations. Their first stop? The Chicago Board of Options Exchange (CBOE) for a tour of their trading floor.

Students were able to go down on the floor of the exchange and get right next to the pits where they were trading securities with the old open outcry method.

Club President, Dan Eskola noted “It was a great experience to get down on the floor and see the open outcry auction pits trading. Many of these jobs have disappeared due to more efficient computer based trading and so it is good to see them before they go away.”

After the tour the group ventured to Peak 6– a proprietary trading company– where they had lunch.  The students had the opportunity to speak with the Chief Technology Officer, Danny Rosenthall, and one of the head traders.

Finance club members were able to view their impressive trading room located in the CBOT (Chicago Board of Trade) building.  Students were grateful to speak with these professionals who explained their business in honest, frank language.  The trip is an excellent opportunity for students to understand careers suitable for finance and accounting majors as well as ask questions about the financial industry.

The group also toured the Chicago Mercantile Exchange during their trip, where a lot of the financial transactions take place for commodities. “It was a great experience to see both of their huge trading floors as well as the fixed income securities,”  added Eskola.

This trip was organized by the Finance Club that is advised by Assistant Professor of Finance, Howard Qi, in the School of Business and Economics.