Category: Student Organizations

Economics Graduate Accepted into top 100 Law School

Coleman Segal to attend McGeorge School of Law.

The School of Business and Economics wants to congratulate Coleman Segal for his acceptance into the University of the Pacific, McGeorge School of Law. We’re so proud!

Despite being accepted to UC Berkeley out of high school, Segal chose to pursue his undergraduate degree at Michigan Tech.  After visiting his Aunt and Uncle in the Houghton as a child, he has always loved the area. The wild, beautiful surroundings, the opportunity to participate in the vibrant folk music scene, and the impressive academic reputation were all factors in his decision to come to Tech.

After researching universities, he learned of the Economics program at Michigan Tech.  Economics interested Segal in high school because it can be applied to so many different aspects of life.  Segal said, “The study of economics is in large part an effort to understand the mechanics of a functioning society, and so it relates to many different fields. It also provides a good background for law school, which I have planned to attend since high school.” 

Segal is a California native and will soon return to his home state to pursue his law degree from one of the top 100 Law Schools in the nation.   Applying and being accepted to five law schools –Marquette University in Milwaukee, University of San Francisco, Santa Clara University, and Albany Law School– Segal selected the University of the Pacific McGeorge School of Law and will begin classes next fall. In addition to their impressive reputation, Segal said he chose McGeorge School of Law based on their location in Sacramento, California.  He finds the area interesting as a center of government, with multiple courthouses at different levels in the immediate area. 

Crediting his experiences with extracurricular activities such as the iOMe Challenge and the Pavlis Institute for advancing his goals of attending law school, Segal noted that Michigan Tech prepared him well for continuing his education.  Mastering skills such as writing and researching papers, in many different subjects, have been instrumental for the pursuit of his law degree.

Students Take Bloomberg Aptitude Test

While most students had already left Houghton in the rearview following five days of finals, 22 School of Business and Economics students gathered for yet one more exam. The Bloomberg Aptitude Test (BAT) was developed in collaboration with financial professionals, recruiters, and academics to uncover knowledge and skills relevant for a financial career.

“Bloomberg already provided students with Bloomberg Certification in the use of the Bloomberg terminal.  Now Bloomberg has strengthed its commitment to students achievement through the BAT,” said James and Dolores Trethewey APMP Professor Dean Johnson. “The BAT allows Bloomberg to bring prospective employers together with skilled investment students.”

Over thirty five thousand people around the world have completed this proctored exam, specifically designed for people who are interested in working with investments. The 165-question exam covers topics ranging from financial statement analysis to portfolio management, ethics, and logic in a three-hour period.

Brent Halonen, a 2011-2012 member of the Applied Portfolio Management Program achieved a notable accomplishment by placing among the top 525 (1.5%) test takers. “The BAT is was a good opportunity to show the world what we learned in school in a unbiased environment,” said Brent. “I think my results reflect the strength of APMP and the educational opportunity that it represents.”

Congratulations to Brent and the rest of the test takers.

Dean Johnson Named Michigan Professor of the Year

Dean Johnson

April 3, 2012—

Dean Johnson, the James and Delores Trethewey Associate Professor in Michigan Technological University’s School of Business and Economics, has been named Professor of the Year by the Presidents Council, State Universities of Michigan (PCSUM). Johnson shares the honor with professors from Michigan State, Saginaw Valley State and Wayne State Universities. 

 “Dean Johnson has demonstrated his outstanding teaching ability over the years to many students through the Applied Portfolio Management Program, which he designed and directs,” said Darrell Radson, dean of the School of Business and Economics. “We are very proud that his abilities have also been recognized by higher education leaders and professors across our state.”

The four Michigan Professors of the Year were judged on student learning, interactions with graduates, experiential learning, academic advising, undergraduate research opportunities, and scholarship on teaching and learning.

“It is great to be recognized with this honor, especially since it is presented for teaching and guiding students,” Johnson said. “I know that our Applied Portfolio Management Program (APMP) also had a lot to do with it, and a lot of people have helped me with APMP over the years.”

In the APMP, students invest real money in the stock market. Their portfolio now totals more than $1.3 million. They have won the RISE (Redefining Investment Strategy Education) national investment competition three times.

In nominating Johnson, Provost and Vice President for Academic Affairs Max Seel was effusive over the business professor’s record of advising, teaching, scholarship and devotion to his students.

“Johnson,” he said, “has a genuine concern and compassion for each individual student.” His devotion to his students was revealed when he began the APMP program, Seel said.

“APMP was the result of a single, new, untenured professor who took the risk to expend enormous amounts of time to secure the required resources necessary,” Seel said, noting that Johnson had “established an Advisory Board of investment professionals” and “secured the physical space, furniture, computers to house the program; acquired the actual money for the students to manage; built relationships with guest speakers; located internships; and many other necessary, ongoing activities.”

The APMP students are now housed in the new LSGI Trading Room, with Bloomberg trading platform, thanks to Johnson’s leadership and alumnus Joe Dancy.

Johnson has previously won the Michigan Tech Distinguished Teaching Award twice–only the third professor in the history of the University so honored. He is a member of the Michigan Tech Teaching Academy (which recognizes teaching excellence), and has been honored with the James and Delores Trethewey APMP Professorship. 

Johnson himself once said, “When I walk into the classroom, I have an hour to make a difference in the lives of those students. . . . I try to find out where they’re from and what career goals they have. Once you develop a personal relationship, it becomes much easier to push, push, push them to learn and study because they realize I truly have their best interest at heart.”

Michigan Technological University (www.mtu.edu) is a leading public research university developing new technologies and preparing students to create the future for a prosperous and sustainable world. Michigan Tech offers more than 130 undergraduate and graduate degree programs in engineering; forest resources; computing; technology; business; economics; natural, physical and environmental sciences; arts; humanities; and social sciences.

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.

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