Michigan Tech College of Business Newsblog

Category: Announcements

Finance Club Inaugural Investment Competition Concludes, Mattila Takes First

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campus clock tower in spring


During spring semester, the Michigan Tech Finance Club hosted a 10-week stock competition open to all College of Business (COB) majors and minors. Each of the 29 participants received $100,000 in virtual dollars to use on the Investopedia simulator. At the conclusion of trading on April 12, the top three winning portfolios received cash prizes from the COB Dean’s Office. 

Madison Mattila
Madison Mattila, accounting with analytics major

First place $500—Madison Mattila

“I really enjoyed the competition! It was fun to compete against classmates. It also was valuable to spend time watching the market and using the simulator. I’ve been working on a strategy for a while, which I’ve yet to perfect, so I don’t want to spread too much about it right now.”

Second place $300—James Zuzelski

James Zuzelski
James Zuzelski, economics minor

“This was an amazing experience. It motivated me to try new things. My strategy was to capitalize on medium- to high-risk stocks that were trending due to current and near-future geopolitical factors. Due to the short time frame I went with a high-risk, low-diversity, individual stock portfolio.”

Third place $200—Bill Rautiola

Bill Rautiola
Bill Rautiola, finance major

“I consider myself an experienced trader, having done a fair amount of trading on my own. My strategy for this game was to invest in energy sectors, including oil. I also placed a couple option trades.”

The Finance Club at Michigan Tech, advised by Xin Li and supported by the Undergraduate Student Government and the COB, promotes the interest in and knowledge of the field of finance. Members have access to career development opportunities, guidance from Applied Portfolio Management Program (APMP) members, and resources within the APMP Lab. In addition, club members take annual trips to visit mutual funds, the Federal Reserve, investment firms, and the futures and options exchange market in the Midwest.

Assistant Professor Xin Li
Xin Li, assistant professor of finance

Club President Elisabeth Mattson said plans are in place to hold the competition next year and interested participants can connect with incoming President Kevin Hoefer (kdhoefer@mtu.edu) for more information.

“The Finance Club Stock Competition allowed students across the College of Business to try out new investing strategies in a low-risk environment, while competing with their peers.

The winners had different strategies and were able to share knowledge and skills with participants, many of whom are excited to try again next year.”

Elisabeth Mattson, 2021-22 Michigan Tech Finance Club President

About the College of Business

The Michigan Tech College of Business offers undergraduate majors in accounting, construction management, economics, engineering management, finance, management, management information systems, and marketing, as well as a general business option. Graduate degrees include the TechMBA®, a Master of Engineering Management, a Master of Science in Accounting, and a Master of Science in Applied Natural Resource Economics.

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Hillary Prout Named Outstanding Woman in Business

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Michigan Tech student Hillary Prout


Growing up on her family’s farm in Rosebush, Michigan, taught Hillary Prout—the 2022 Sam Tidwell Outstanding Woman in Business—early on about the importance of hard work. Through her coursework and involvement at Michigan Tech, Prout worked diligently to develop her leadership and communications skills and applied them as the student representative of the Michigan Association of CPAs, a professional organization promoting and enhancing the value of the CPA profession, and of the Becker CPA Review, a software package that helps students prepare for the certified public accountant and certified management accountant exams. In this leadership role, Prout organized meetings, updated students and staff regarding exam updates, and mentored students as their exam date approached.

“Hillary is an amazing student—always focused and working hard for goals she sets for herself.”

Sheila Milligan, senior lecturer of accounting, Michigan Tech College of Business

In her four years at Michigan Tech, Prout held the presidential role in the University’s accounting club, Kappa Sigma Iotta, and served on the Dean’s Student Advisory Council. She also assisted other Tech students with tax preparation through the College of Business’ Volunteer Income Tax Assistance program. More recently, she was inducted into the Beta Gamma Sigma Honor Society, the exclusive business honor society affiliated with the Association to Advance Collegiate Schools of Business.

“I am grateful for the many experiences I have had as a business student at Michigan Tech,” Prout says. 

Michigan Tech student Hillary Prout
Hillary Prout

Since 2021, Prout has held an internship with Rukkila, Negro and Associates, an accounting firm located in downtown Houghton. There, she worked in individual and small business tax preparation, nonprofit tax preparation, and payroll processing for local businesses.

After earning her BS in Accounting with a minor in financial technology, Prout plans to take advantage of Tech’s accelerated MS in Accounting program before earning her CPA license to work in tax advising and preparation.

The Sam Tidwell Outstanding Man and Woman in Business awards, valued at $250 each, are presented annually to two current College of Business students who embody a dedication to academics, leadership, and extracurricular involvement within the Michigan Tech community.

About the College of Business

The Michigan Tech College of Business offers undergraduate majors in accounting, construction management, economics, engineering management, finance, management, management information systems, and marketing, as well as a general business option. Graduate degrees include the TechMBA®, a Master of Engineering Management, a Master of Science in Accounting, and a Master of Science in Applied Natural Resource Economics.

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Nathan Sodini Named Outstanding Man in Business

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Nathan Sodini, a student dual majoring in engineering management and finance, is the 2022 Sam Tidwell Outstanding Man in Business. Roger Woods, College of Business faculty member, says Sodini’s involvement in campus programs defines what it means to be a Michigan Tech business Husky. “This is a student who from day one has engaged in all opportunities Michigan Tech has to offer—and his involvement has paid off.”

Back in high school, Sodini launched a profitable entrepreneurial endeavor with his passion for classic and performance automobiles. During his first year on campus, the scholar-athlete landed a paid internship as a production supervisor at General Motors’ (GM) Heavy-Duty Truck Plant. In his second year, Sodini took on a co-op with GM as a quality-operations supervisor, tasked with controlling the daily quality of T1 HD trucks with his team of more than 40 employees.

Student Nathan Sodini standing in staircase
Nathan Sodini

Adding to his already impressive resume, Sodini obtained a motorsports internship with Hagerty back in his hometown of Traverse City, Michigan, and last fall was back at GM in the body shop, orchestrating the procurement of pre-assembled trucks to support the Oshawa launch. His leadership skills were further honed on campus, where he served for two years each as elected president of the Society of Automotive Engineers student chapter and as business manager of Advanced Motorsports Enterprise—Formula SAE. For his final college summer, Sodini heads south to General Motors Defense in North Carolina where, as a business manager/shift leader co-op, he will support the production management of the Infantry Squad Vehicle being produced for the United States Army.

Being able to blend the worlds of engineering and business has been a dream come true, Sodini says:

“A business degree from Michigan Tech is more than coursework. It’s an experience preparing strategic leaders for tomorrow’s challenges.” 

Nathan Sodini, Michigan Tech Outstanding Man in Business

The Sam Tidwell Outstanding Man and Woman in Business awards, valued at $250 each, are presented annually to two current College of Business students who embody a dedication to academics, leadership, and extracurricular involvement within the Michigan Tech community.

About the College of Business

The Michigan Tech College of Business offers undergraduate majors in accounting, construction management, economics, engineering management, finance, management, management information systems, and marketing, as well as a general business option. Graduate degrees include the TechMBA®, a Master of Engineering Management, a Master of Science in Accounting, and a Master of Science in Applied Natural Resource Economics.

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Mickus Endowed Faculty Fellow Awarded to Sonia Goltz

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Sonia Goltz, Mickus Endowed Faculty Fellow in Business Impact

Through an estate gift from Albert J. and Rosella J. Mickus, Michigan Technological University has created the Mickus Endowed Faculty Fellow in Business Impact. Sonia Goltz, professor of organizational behavior in the Michigan Tech College of Business, is the inaugural Mickus Faculty Fellow.

The fellowship was created in order to attract, reward and retain highly talented faculty in the area of societal impact as it relates to business.

Goltz is a co-principal investigator of Michigan Tech’s ADVANCE grant, which promotes faculty career development and gender equity in STEM. She was a recipient of Michigan Tech’s Diversity Award in 2021 and was an active advocate, based on research data, in creating Michigan Tech’s Diversity Literacy Program. Goltz also serves on the Diversity, Equity, Inclusion, and Sense of Belonging (DEIS) Positive Action Team.

“Dr. Sonia Goltz is a diligent faculty member who effectively blends her research, teaching and service contributions for positive societal impact.”

Dean Johnson, dean, Michigan Tech College of Business

For Goltz, the designation will help deepen her scholarly work on defining coercion and freedom within psychology and business, continuing to impact the field of behavior analysis. She says that funding will also be directed to campus initiatives that promote business skill development and those that support Diversity, Equity, Inclusion, and Sense of Belonging (DEIS) efforts at Michigan Tech, specifically those that directly benefit student development activities, organizations, and internships.

The late Albert Mickus earned a bachelor’s degree in electrical engineering from Tech in 1949 followed by bachelor’s degree in business a year later. He also earned a master’s degree in business administration at the University of Michigan. After a career with Kohler Company he retired in 1990 as executive director of distribution for the US and Canada. Rosella and Albert’s son Michael, is also an MTU alumnus, earning a bachelor’s degree in electrical engineering in 1974 and a bachelor’s degree in business engineering administration in 1975.

About the College of Business

The Michigan Tech College of Business offers undergraduate majors in accounting, construction management, economics, engineering management, finance, management, management information systems, and marketing, as well as a general business option. Graduate degrees include the TechMBA®, a Master of Engineering Management, a Master of Science in Accounting, and a Master of Science in Applied Natural Resource Economics.

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Volunteer Income Tax Assistance Returns to Michigan Tech College of Business

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Two students in learning center

The College of Business is pleased to announce the return of Volunteer Income Tax Assistance (VITA). Accounting majors provide free income tax preparation assistance for students and members of the community who could not otherwise afford the services of a CPA tax professional. This service has been offered at Michigan Tech for more than 20 years.

Assistance is being provided this year only by appointment via Google Calendar. Walk-in sessions are not available.

To schedule a 30-minute session, please visit the calendars listed below. Three appointments are available per hour. Please note: You may need to check all three calendars for an available spot on a desired date/time.

Appointments are held in the Tidwell Center Conference Room, AOB G010D. You should bring your W-2s, Form 1099s, Form 1098Ts, etc., to your sessions. Also bring a copy of last year’s tax return, if possible.

International students should first complete the federal Form 1040 using the Glacier Tax Prep software provided by the University, and then bring the completed federal forms to their appointment for assistance with state tax return preparation.

Appointments are available beginning today (March 22) through April 14 in 30-minute slots, during the following times:

  • Tuesdays — 3:30 to 5 p.m.
  • Wednesdays — 11 a.m. to 3 p.m.
  • Thursdays — noon to 2 p.m.

For more information contact Professor Joel Tuoriniemi at jctuorin@mtu.edu or 906-487-1877.

About the College of Business

The Michigan Tech College of Business offers undergraduate majors in accounting, construction management, economics, engineering management, finance, management, management information systems, and marketing, as well as a general business option. Graduate degrees include the TechMBA®, a Master of Engineering Management, a Master of Science in Accounting, and a Master of Science in Applied Natural Resource Economics.

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