Tag: finance

Business, Finance B.S. Ranks High by Best Accredited Colleges

Photo of student outdoors with College of Business logo and Best Accredited Colleges logo

Michigan Technological University has been ranked No. 30 for best bachelor’s degree programs in business on the 2023 rankings by Best Accredited Colleges. In a strong field of competitors, the listing places MTU Business ahead of San Diego State University, the University of Georgia, Texas Tech University, and other noteworthy U.S. business programs.

Agen (Fall 2015 Finance Grad) Signs Free Agent Deal with NFL’s Kansas City Chiefs

agen

Michigan Tech defensive lineman Tanner Agen signed with the Kansas City Chiefs as a free agent at the conclusion of the NFL Draft Saturday night.

Agen was named to the All-GLIAC Second Team as a senior after leading Michigan Tech in sacks (5.5) while finishing third on the team in tackles with 62. The Kaukauna, Wisconsin, native notched 137 tackles   during his four years with the Huskies – including 28 tackles for loss – and had 10 career sacks.

Agen and the Chiefs will begin rookie camps this month.

For more Michigan Tech Athletics, visit michigantechhuskies.com.

FinanceU Is Most Exceptional!

At the 20th Annual Student Leadership Awards on Friday, April 18, FinanceU received the honor of Exceptional Program of the Year.  FinanceU, an event in financial literacy put on by the Office of Financial Aid and the School of Business and Economics’ Finance Club on November 20, owes some of its success to its partnership with Michigan Tech’s Office of Financial Aid and Wells Fargo Bank.

The Finance Club and the Office of Financial Aid have partnered to produce the successful FinanceU events in order to help students make informed financial decisions.  FinanceU’s mission is to foster a greater sense of financial literacy among all students, regardless of major.  Topics discussed at this year’s event included financial aid opportunities, how to manage one’s personal finances, starting and continuously funding a substantial retirement plan, and provided students with online tools to help manage all of these aspects.  Financial Aid Advisor, Cindy Cowell, and Wells Fargo Store Manager, Ellie Freeman, were on hand to answer questions from audience members, but the main focus of the event was for students to present information to other students, since research shows that individuals are better able to understand a message when it is delivered by a peer.

This second consecutive FinanceU event held at its roots the same message as last year’s activity; Michigan Tech students were given the knowledge and power needed to enable them to begin making sound financial decisions before even graduating from college.  Similar to the previous year’s event, a survey was administered to participants, asking them to rate their knowledge of budgeting.  This year’s FinanceU event was so successful that the number of participants doubled, with over 200 students completing the surveys.

Brett Ludwig, 2013/2014 President of the Finance Club was extremely proud of FinanceU’s accomplishments.  “With this year being the second time FinanceU has put on the event,” Ludwig remarked, “we were hoping that it would be bigger and better than last year.  Mission accomplished.  With Donzel Dixson [Finance Club member] on the bullhorn outside, the flow of students coming to the booth as well as Finance Club members going throughout the library to ask people questions were astounding.  We’re excited to host more events in the future.”  Ludwig will be graduating in a few weeks, but will leave the Finance Club in the capable hands of Heath Johnson, 2014/2015 President.

Business and Economics students compete in Global CFA Institute Research Challenge

In 2013, Michigan Tech students qualified and competed in the CFA Institute Research Challenge for the first time.

Students in the Applied Portfolio Management Program are expanding their resumes by competing in another investment competition and gaining valuable real world experience.

The CFA Institute Research Challenge was introduced to a global audience in 2006 and is considered, “the investment Olympics” for university students.  The event which hosted more than 3,000 students from over 650 universities, 89 businesses, and 106 societies in 55 countries and territories.  This challenge is an annual global competition which provides hands-on mentoring and intensive training in financial analysis and professional ethics.  Despite 2013 being the first year they competed in this challenge, our finance and economics students were able to advance to the global final of the event.

By compiling the highest combined report and presentation score and winning the regional competition, Michigan Tech qualified for global final.  “As a team we set aside many hours of our time to research, compile, analyze, prepare, rehearse, and finally present our findings to a panel of judges. The true amount of work this project entailed is staggering, however we are thankful for the opportunity afforded to us,” said senior Finance major, Justin Wilson.   Joining Justin to represent Michigan Tech was fellow Finance major Jessica Zaiki as well as economics majors Eli Karttunen and Anna Paul.

Each student was tested on their analytic, valuation, report writing and presentation skills and gained real-world experience as they assumed the role of a research analyst.   Upon the team’s return, Jessica Zaiki noted that having the exposure to the CFA institute, investment professionals, and the high caliber of competition at the Americas competition expanded her knowledge of stock analysis and furthered my interest in pursuing a CFA in the future.

The experience was valuable for our students and it is a competition we look forward to having continued participation and success at in the future.  Financial support for the student participation was provided via the James and Dolores Trethewey APMP Professorship.