Please bring pencils

Plese bring a #2 pencil to the finals...thanks! We are going to try and use scantrons as part because it is faster, but also for assessment purposes (i.e. we can make reports on what you have and have not learned for control purposes.

thanks!

Reminders for finals

You are allowed a cheat sheet (front and back) 8.5 by 11 inches.

Format is yet to be determined but probably more emphasis on mulitple choice.


Tests are in the regular class room.

As normal, turning someone in for cheating will result in a bonus of 2/3 of the total points on the test (and thus probably an A for the class!)

Good Luck!

FinanceProfessor.com Podcast - powered by FeedBurner

FinanceProfessor.com Podcast - powered by FeedBurner--

FYI --some new Audio uploaded

Forecast: MBA Hiring Up Again

Good news for graduating MBAs!!

Forecast: MBA Hiring Up Again:

"The hiring of MBA graduates is surging this academic year, with employers expecting to bring in 22.1% more MBA grads in 2007 than they did in 2006, according to a survey of companies across the country. An improved economy, business growth and employee retirement all contribute to this escalating demand for newly minted MBAs, says Andrea Koncz, employment information manager for the National Association of Colleges and Employers (NACE). And with growing industries comes growing competition to attract the best and brightest.

The Best Undergraduate B-Schools

The Best Undergraduate B-Schools:

"Like graduate B-schools, the undergraduate programs are separating into two clearly discernible tiers, with the 50 programs in our ranking standing head and shoulders above the rest. They're also dividing along the same philosophical split that now partitions the MBA world. There are those, including many at or near the top of the list, that are following a rigorously academic model, with a heavy emphasis on economics, statistics, finance, and accounting....They also use MBA teaching methods such as case studies, simulations, and team projects.

But at the great majority of business programs, students are exposed to less business theory -- too little, in the view of some experts"

Test questions reminders

Just a reminder, that if you want to have your Multiple choice questions included on teh final (and get 2% for each acccepted), they must be in by Friday.

thanks!

jim

Saving the World, One Purchase at a Time

THis ties in nicely with the discussion I often have in intro clases about how if you are paid a percentage of profits, it may be that people "play games" with the profits numbers so as to not have any left.

Incidentally, BonaResponds is one of the charities that receives money from Goodsearch. We get about 1 cent per search if you list BonaResponds as the charity.

Saving the World, One Purchase at a Time:

"GoodSearch.com, an Internet search engine, gives 50 percent of its advertising revenue to a huge slate of charities chosen by its users.

It’s important to note that these companies are giving away a percentage of revenue, not profit. That means they’re putting their balance sheet more at risk than an organization where giving is dependent on making money for its owners first. "

Saving the World, One Purchase at a Time

THis ties in nicely with the discussion I often have in intro clases about how if you are paid a percentage of profits, it may be that people "play games" with the profits numbers so as to not have any left.

Incidentally, BonaResponds is one of the charities that receives money from Goodsearch. We get about 1 cent per search if you list BonaResponds as the charity.

Saving the World, One Purchase at a Time:

"GoodSearch.com, an Internet search engine, gives 50 percent of its advertising revenue to a huge slate of charities chosen by its users.

It’s important to note that these companies are giving away a percentage of revenue, not profit. That means they’re putting their balance sheet more at risk than an organization where giving is dependent on making money for its owners first. "

Bo Jackson commercial

More audio

From MBA 604 but nearly the same as Fin 401

CORRECTION ON Chapters for test -Fin 401

The correct chapters for the test are

7,8,13,14,17,18,19

sorry I had looked at the wrong text book...

More on CAPM--Audio

Looks more at CAPM, its problems, and some alternatives

THis is an introduction to CAPM--it is from FIN 401 but is very close to the coverage in MBA 604

401 Test site

6:30 in Murphy C
2 hours

SSRN – Behavioral Finance (Topic)

This is a good link for both 604 and 401....looks at top downloaded papers on Behavorial finance..

SSRN – Behavioral Finance (Topic)--

so good it is worth cross listing

NEW NEW NEW!! BonaResponds is happy to announce a new phase in our efforts to assist the Buffalo Region reciver from teh October Surprise snow storm. This new phase going be in conjunction with Erie county, the Olmsted Parks, the West Seneca Youth Bureau Americorps. This is a HUGE opportunity for volunteers to not only help Buffalo but also to develop ties with the Americorp program.

This weekend we will be working in areas of South and East Buffalo that have barely been touched since the storm. These jobs will include cleaning up properties of the poor, elderly, and handicapped in the area as well as cleaning up MLK park (.

Our base of operations will be the Charles E. BurchfieldNature & Art Center- 2001 Union Road - West Seneca, NY 14224 between Clinton and Race/Indian church road. MAP

We really need a good showing to start off the new relationships and to show what we can do. So if you can come, PLEASE do and bring some friends! Bring your roommates, team mates, friends, and enemies. The more the merrier! It will be fun and the impact will be immense! (and remember for every time you volunteer for a full day of service, we will take $10 off the cost of a trip to the Gulf).

We will be leaving the Murphy Lot on SUNDAY at 8:50 AM. We will return to campus at about 7:30. Dinner will be provided. We have 2 vans, but be prepared to car-pool (we will pay $10 for gas for any vehicle of 4 or more volunteers).

Dress for the conditions: you should wear boots, clothes you don't mind getting dirty, and a good pair of gloves. It is also recomended that you bring a change of clothes for the ride home.

Come on out, it is going to be a huge day and a great way to kick off several new service relations!


* This looks great on a resume, counts as service hours, and you get to network with some of the best in the area. You will be very glad you came out!!




For more info email BonaResponds@sbu.edu

401 project

Project for finance 401

Due date: First class after Thanksgiving

You are to calculate Beta for 6 assets for every 5 year time period. Is beta constant? What implications may this have for the CAPM?

* a 2 page write up of findings and limitations of the study should include the actual numbers.


Remember to use returns based on the adjusted close.

Here is a link to the historical SP 500 data.

asset 1: SP small cap index-from 1995
asset 2: Dell--from 1988
asset 3: IBM-from 1962
asset 4: Hershey-from from 1985
asset 5: Nike--from 1987
asset 6: Anheuser Busch from 1983

for each asset:
Calculate beta for overall period
Calculate beta for every 5 year period from 1990-present.
Compare the calculated beta with reported beta


For extra credit: Then compare the predicted returns and the actual returns for both the individual stocks and the portfolio of the 6 stocks.

Finance 401--answer Key

Multiple Choice (2 points each)
1.c	25.c	49.d
2.e	26.c	50.c
3.c	27.a	51.b
4.b	28.e	52.a
5.b	29.d	53.c
6.a	30.drop	54.d
7.b	31.a	55.a
8.cd(either)	32.a	56.e
9. a	33.b	57.d
10.c	34. c	58.d
11.b	35. c	59. a
12.c	36. e	60.d
13.d	37.c	61.a
14.b	38.c	62.c
15.b	39.c	63.d
16.b	40.d	64.c
17.c	41.e	65.e
18.c	42.d	66.c
19.c	43.a	67.d
20.c	44.b	68.a
21.a	45.b	69.c
22.e	46.b	70.e
23.d	47.ac
24.e	48.a

604 answer Key

Multiple choice-2 points each			True False 2 points each
1. A	26.c	51.a	1.f
2. C	27.c	52.c	2.t
3 D.	28.b(any)	53.b	3.t
4.D	29.c	54.b	4.f
5. B	30.c	55.2.78	5.t
6.A	31.b	56.a	6.t
7.C	32.a	57.b	7.f
8.D	33.any	58.any	8.f
9.A	34.d	59.a	9.f
10.A	35.b	60.d	10t.
11.B	36.b	61.a
12.C	37.b	62.b
13.E	38.c	63.c
14.ANY	39.a	64.b
15.C	40.c	65.b
16.E	41.any	66.a
17.B	42.b/c	67.b
18.D	43.a	68.any
19.D	44.e	69.any
20.D	45.c	70.e
21.A	46.d
22.B	47.d
23.B	48.d
24.D	49.a
25.C	50.b

TODAY! Buffalo Job fair

from career services:

STUDENTS... it's not too late!

You can still sign up to attend JobQuest '06, a regional career fair taking place this Wednesday. Employers from a wide variety of career fields will be seeking intern, summer, full- and part-time candidates.

JOBQUEST '06

Wednesday, November 1

3:00 -- 6:00 p.m.

HSBC Arena

Buffalo, NY

Please advance register with the Career Center, room 216 RC, and become eligible to win prizes at the event including $100 Visa Cash Card, Buffalo Sabres Tickets, and more! Transportation is available on a limited basis for those who need it. Stop by the Career Center today for more info. and to pick up your free, event parking pass.

Cases for MBA 604 5 week class

The following are the cases that we will be doing in class:

Adelphia--discuss agency costs, role of auditors
Manco-Open Book--A look at the Nexus of Contracts and info asymmetries
Grameen Bank-how the nexus of contracts changes in microfinance.
Barings Bank-the dangerous side of Derivatives

MBA 604-5 week class

Here are some of the links you might want:

Also I am scheduled to land at 4:30. So I SHOULD make it. However, if the plane is delayed, I may be late. Barb Russell will be bringing the test up. IN the event I am NOT there by 6:15, I will try to get in touch with her to allow you to start the test.

Sorry for all the problems. This has been one wacky schedule! I am in NYC right now. As of 4pm today I thought I had to stay an extra night and was trying to get someone to covefr both the test and the exam, but it worked out and I will be back!

Finance 401

CLASS IS CANCELED FOR THURSDAY.

I cannot find anyone to take both classes. We will make it up at a later date.

SOrry for any inconvience.

Flickr: The October 2006 Buffalo Snowstorm Pool

Flickr: The October 2006 Buffalo Snowstorm Pool-
Many pcitures from various photographers on the storm in Buffalo. Once again it shows the need to help out. If you can make it, please come help BonaResponds!! 11-5 iour HQ is in Lancaster Municipal Building. We will be going all over the area. COme on out! (leaving SBU at 9:15 on SUnday).

Director Ties Linked to Options Scandal - - CFO.com

Director Ties Linked to Options Scandal - - CFO.com:

"A company mired in the options backdating scandal is likely to have something in common with other companies caught in the scandal: a director who sits on the board of at least one other implicated company.

That’s the finding of a new study by The Corporate Library, which concludes that “the practice of backdating stock options may have been spread by word of mouth, through the conduit of directors sitting on the boards of more than one company.”"

OE-Study abroad

http://oe-studyabroad.org/

From Today's Notice Board

Sorry that this is cross-listed and has no finance content, but like I said after Katrina, some rules are made to be broken:

BonaResponds to Buffalo

Come help the Buffalo area recover from the worst natural disaster to strike the US mainland since Katrina. BonaResponds will again go to Buffalo this Sunday (10/22) and next Sunday (10/29).

We will be working in several sites. Most work is picking up downed branches, but there will be work at base headquarters (logistical and administrative etc.) Added brownie points to anyone with chain saws and chain saw experience.

Headquarters will be the Town Maintenance Garage in Lancaster (Broadway and Center streets). From there we will spread out across the region until regrouping at 5 p.m. for a short meeting and returning shortly after 7 p.m.

We expect to leave the Murphy and Plassmann parking lots at 9:15 a.m. Please car pool. We hope to have a few vans available as well, but no guarantees.

Dress to work: boots, work gloves, and old clothes. And you will want to bring dry clothes and a change of shoes for after (trust us on that ;))

Like all BonaRespond events, this is open to everyone! Help spread the word. Have your friends from other schools meet us.

Having seen it first hand, we can say it is really bad up there and many people have no way to move the downed trees that are on their properties. Additionally, community groups, parks, and schools are in desperate need of help.

As an additional incentive (if more is still needed), BonaResponds will knock $10 off the price of the spring break trips to anyone who works at least 5 hours in Buffalo (and if any donors want to match or add to that please e-mail us!)

While reservations are not required, they will make our planning much easier. Please e-mail BonaResponds@sbu.edu.
For more information check out BonaResponds.org

ALSO IF YOUR FAMILY WAS AFFECTED BY THE STORM, PLEASE E-MAIL US AND WE WILL TRY TO SEND A TEAM THERE AS WELL.

If you can't go but would like to help, we will accept both money or food donations. (Home-made cookies? Brownies? Or even just a loaf of bread for sandwiches would help!)

MBA 604 5week class IMPORTANT update

We will NOT be having the test this week!! It will be Friday of next week.

Also since so many of you work until 5:00 I think I will go with what some other classes have decided and go 5:30 to 10:00. And then 8:30 to 3:30 and we will not take lunch (or will work through it...maybe we can get pizza or something? (we'll talk). And it goes without saying we can be flexible so if you can not make it until 6:00, well, we will just figure out a way around that problem.

...plus of course there will be some online material to make up for any missed time. AND of course (and this is really an important aspect that is often overlooked, the way I look at class is that it never ends. So no matter when you finish this class or the MBA program itself, you can still obviously ask me questions and get the blog info to stay up to date in finance, so the artificial 5 week period really does not bother me much.

What do you think?

MBA 604 5 WEEK

Well I guess I didn’t miss a class afterall.

First of all, I hope you are all ok. If there is anything I (we) can do please let me know. On Sunday BonaResponds will be coming to Buffalo to do whatever we can. If you have any ties with church groups (any denomination), community centers, high schools, you name it that could use our help, please email BonaResponds@sbu.edu (not me since I am still in Utah and hope to be back late Saturday.

As for class stuff….well I received the following from SBU:

"Class for the remaining three weeks will need to be adjusted in order for us to make up the contact time required for a three credit course. Please plan for a 5:00-9:00pm meeting for each of the next three class meetings, and please extend the Saturday classes until 4:00 pm. Alternately, adjustments to your teaching plan that involve a significant online component may be an option. Either way, we need to provide adequate instructional time to our students."

Which sounds very unappealing. I know we have to do something, BUT…asking you to be there at 5 on Friday and stay until 5 on Saturday seem a but much. I am open for suggestions. Email me.

One suggestion maybe I could put up audio from past classes and then have an online

St. Bonaventure University:

St. Bonaventure University:

: "REQUIREMENTS FOR PARTICIPATION IN ON-CAMPUS RECRUITING
All students interested in participating in on-campus interviewing must:

** Register with The Career Center by opening a free, SBU College Central Network account and post a current résumé to it. The site is located at: www.collegecentral.com/sbu. For information on how to navigate College Central Network, click HERE.

** Submit a separate, hard copy résumé in person to The Career Center, room 216 Reilly Center and sign a 'Statement of Intent to Interview' form for each company with which you are interested in interviewing.

** Attend an 'On-Campus Recruiting Orientation' in to be eligible, if selected, to particiapte in an interview. You must attend an orientation before you sign up for an interview.
(Fall '05/Spring '06 recruiting-orientation participants do NOT need to attend again. All"

CareerJournal | Job Interviewing Tips - Job Interview Tips - Job Interview Techniques

Looking for a job? The Wall Street Journal's Career Journal is a definite site you ust check out!

The Job Interviewing Tips are especially good!!

It is full of great advice as to how to answer interview questions, what to expect, and even how to follow-up afterwards. A MUST read!!

MBA 604 questions

Questions from a couple of MBA students (I renumbered them for ease of use)

1). Will we know what the format is like for the test (Ex: Multiple Choice, Short Answer, True False)?

Uh, yes...all of the above...and probably throw in an or two essay too.

2) Will there be some type of review sheet posted because there has been some major confusion on what things might be on there and what will be tested (More specific than “up to this chapter”).

No. A good portion of learning (rather than memorizing) is to determine what is important. Sorry, I realize it is not as easy, but in the long run it will make you learn more and that is the goal.

3) Especially if there are three ways to do the same thing like three formulas or extra formulas you might have used in class but are not in the book. If the extra formulas or information is to be on the test will you let us know ....

Without knowing exactly what examples you are speaking of, I am confident that any "extra" formulae will get the same answer as those in the book. In that light, I do not care how you get the answer (short of cheating ;) ).

As for information that is not in the book, if we covered it, it will be tested. Indeed, if I were to say only things from the book, I would be embarassed by my lack of effort!!!!! A text is one portion of a class. If I were to merely follow the text, my EVA (Economic Value Added) would be close to zero.

4. Also if we get to make cheat sheet for the test can we use both sides and what are the other limitations for it?

Front of page (8 inches by 11 inches). It will be turned in with the test and you will get it back for final.

5. I have been practicing with the quizs that are online for the book but have noticed that they are for the 6^th edition not the latest edition (7^th which we have) but have no quizs online for it. In the 6^th edition they emphasize different things and the chapters aren’t in the same order.

Sorry I missed that! I just changed it, but rest assured there is not much damage. Chapters 1-5 are very similar. In fact if you could do the 6th edition, you are in good shape as it was a tad more difficult.

Overall the coverage is pretty close and the math etc are the same.

As for whether you should be submitting the quizzes...nah. If you want, but by grad school that sounds too much like busy work. I would however so them.

and then a question from another student:

What chapters are on the test?

Chapters 1-8, 12.

BTW as a bonus to those who have read this far:

You can submit multiple choice questions and if it is accepted, then you will get an extra 1% on the test. Of course you SHOULD also get it right, so that is a double bonus :) and yes you have to submit an answer, and knowing me, I would give the added hint that the more challenging of question, the higher the probability of inclusion.

U.S. homework outsourced as "e-tutoring" grows - Yahoo! News

U.S. homework outsourced as "e-tutoring" grows - Yahoo! News:

"Private tutors are a luxury many American families cannot afford, costing anywhere between $25 to $100 an hour. But California mother Denise Robison found one online for $2.50 an hour -- in India"

I signed up with something like this (for free) for the class. Let's see what happens. Stay tuned!

Quiz and Project for MBA 604

I will hand back the quiz but the project is not done yet...

Also be SURE to bring calculators tonight...

From Career services

Please remind your students of the following résumé-submission opportunities taking place now. Students need to drop off the necessary materials to the Career Center by the due date, in order to apply:

Wednesday, Sept. 27 -- THE BONADIO GROUP -- Accounting majors

Wednesday, Sept. 27 -- ASSOCIATED HEALTH CARE -- ALL majors

Thursday, Sept. 28 -- BUFFAMANTE, WHIPPLE, BUTTAFARO -- Accounting majors

Monday, Oct. 2 -- M&T BANK -- Accounting, Finance (with significant accounting coursework) majors

Tuesday, Oct. 3 -- MANNING & NAPIER -- Finance, Accounting, Economics majors

Wednesday, Oct. 4 -- CHILTON INVESTMENT -- Finance, Accounting, MBA majors

Additional details about these recruiting opportunities is available online at: http://www.sbu.edu/go/student-services/career-center/students/on-and-off-campus-recruiting/index.htm.

Also, anyone who did not attend an ON-CAMPUS RECRUITING ORIENTATION within the last year (F'05 - present) and is interested in participating in On-campus Recruiting this year, needs to attend one of the following 45-minute sessions taking place in the Career Center, room 216 RC:

WEDNESDAY, Sept. 27 -- 12:30 p.m.

THURSDAY, Sept. 28 -- 3:00 p.m.

(These are the last sessions being offered this semester!)

Please contact the Career Center, room 216 RC, x2384, if you have any questions

Quote of the week

"No one keeps up his enthusiasm automatically. Enthusiasm must be nourished with new actions, new aspirations, new efforts, new vision. Compare with yourself; set your teeth and dive into the job of breaking your own record. It is one's own fault if enthusiasm is gone. [S]He has failed to feed it."

Papyrus (as quoted in The Book of Positive Quotations by John Cook)

Some suggested problems for MBA 604

I was asked for some suggested problems.

Here you go:

from Chapter 4:

The Chapter review and self test problems (p 112)

I really like the concept review and critical thinking questions. These would be excellent to do in study groups! They demonstrate, among other things, that growing firms often have cash flow problems.

In Questions and Problems pay particular attention to
3,4,9-13,16,20,21, 22,

Want a real thought provoker? try #31.

hope these help!

reminders

Just some fast reminders

1. No class or office hours today...I am just leaving for a meeting that will take the rest of the afternoon.

2. The Oreck speaker is at 7:00pm today AT JCC in downtown Olean

3. Don't forget the valuation videos

4. Tomorrow is the Deloitte information meeting. DEFINITELY PLAN ON GOING!

5. Need a great line item on your resume? Come to tomorrow's 11:45 BONARESPONDS leader meeting. It really is like running a business and you can make a huge difference.

WSJ.com - In the Lead

Another article that shows it is not the school you go to that matters as much as how hard you are willing to work!

WSJ.com - In the Lead:

"The college diplomas of the nation's top executives tell an intriguing story: Getting to the corner office has more to do with leadership talent and a drive for success than it does with having an undergraduate degree from a prestigious university.

Most CEOs of the biggest corporations didn't attend Ivy League or other highly selective colleges. They went to state universities, big and small, or to less-known private colleges."

And later:

"What counts most, CEOs say, is a person's capacity to seize opportunities. As students, they recall immersing themselves in their interests, becoming campus leaders and forging strong relationships with teachers...."

Thanks to Rich for pointing this article out to me!

Team work from the Buffalo News--Buffalo Bills example!

Yeah I know, this link has very little finance content at first glance, but I think it is relevant and besides, remember everything fits in finance. (And it has nothing to do with the fact that it is about the Buffalo Bills ;) )

Buffalo News - Bills buying family plan from Jauron:

"We were together. We had like a family,' Villarrial said. 'We didn't let anything separate us, we didn't let anything get in our way, and we just stayed focused. And that's what Marv [Levy] and Dick have brought to this team is that family togetherness. With a GM and a coach on the same page, it's nice. We win together, we lose together and no one's better than the other person....'

'It makes a big difference,' Villarrial said. 'If you're a family you don't want to let down your family member. When you mess up a play you get more mad at yourself and you make yourself better because you just felt like you let your whole family down. That's what he brings to it. It's kind of funny in a sense but it's true. '"

It is also my view of most things. Call it family, call it team, call it a class, call it whatever. I am constantly amazed how well it works (see for instance the success of BonaResponds, 2001 Bears, Twins in almost any year, even Handson). When people on a team come together: they try harder, they gain confidence (quit being afraid to speak out or take chances), and they cooperate.

Success then comes to everyone and not just a few select "super stars". These ingredients lead to a successful team or organization.

While it does sound stupid, that is the same attitude that can develop within a class. Think back to your best class (probably just happened, right :)). But seriously, everyone is paying attention, answering questions etc. It is not just a few top students. EVERYONE gets involved. This leads to everyone coming to class prepared (including the teacher) since no one wants to be the reason the class is slowed or held back).

The business world and the job market, like football, are very competitive places, but like in football, being part of a group (be it a study group, a class, or better the whole university) can bring out more from everyone and result in wins (more learning, better job placements, and oh yeah more fun) than if the class is full of students largely in isolation from each other.

So don't be afraid to speak out in class or be a bit creative in your projects. That is how you (and the rest of the team/class) will get better.

And by the end of the semester, you will be totally amazed at how much you learned and how suddenly finance makes more sense than you ever thought possible!

CollegeJournal | Find a Career Path

This is plus for the SBU sports minor if I have ever seen one! ROdney is scheduled to do the sports and Econ class in the spring. Definitely recommended!!

CollegeJournal | Find a Career Path:

"The NFL's finance chief used to work for Goldman Sachs. Its top two marketing executives were at General Motors and IBM. Its lead television negotiator ran sports for ABC and ESPN. The chief operating officer of its cable network handled finance for NBC's West Coast entertainment division. The head of its international division was a marketing executive for the liquor company Diageo....

If you're going to have these franchises that are worth north of a billion dollars, you're looking at it really as the business of entertainment, the business of intellectual property, the business of turnstiles," says Ms. James. "This is a very sophisticated time. It's not a back-slappy time." The booming supply of sports-related jobs extends well beyond the teams and leagues."

Deloitte coming to SBU this FRIDAY!

I know several people who have worked here and all but one loved it. Good opportunity.

INFORMATION SESSION: DELOITTE ERS (McLean, VA)

FRIDAY, SEPT. 22

12:30 - 1:30 P.M.

ROOM 211/213 REILLY CENTER

Alums employed with Deloitte Services LP, McLean, VA, will be on campus to share information about career opportunities with the company. Currently, they are accepting resumes for the following openings:

*INTERNAL AUDIT and ENTERPRISE RISK SERVICES -- Accounting, Finance, BIS, MBA, Math and Computer Science majors.

Internal Audit services include:
• Co-sourcing Specialized Services
• Design Strategic Plan
• Outsourcing
• Reengineering
• Strategic Assessment

ERS Consultant professional responsibilities:
• Establish working relationships with client personnel
• Review client accounting and operating procedures and systems of internal control
• Apply concepts of risk assessment
• Design and perform tests of internal controls
• Provide recommendations for improved controls and enhanced business efficiency

All eligible and interested students are encouraged to attend this presentation. *Please submit your resume to the Career Center, if you'd like to be considered for these positions.

Nike case for 604

I have had several questions regarding the Nike case.

So I will attempt to answer them:

Yes- the entire project is due.
Yes-you can work together in groups.
No-you do not need to forecast every line item. Use large groupings (ex. CA, TA, CL, TD, E)
Yes you very well may have different numbers than other groups.
One-every group only needs to turn in one case.
Industry analysis can be found from Yahoo or MSN or anywhere else. Just be sure to cite it.

Only other thing I remember answering is that you do not need to do every ratio but you should have AT LEAST ONE from each catergory...

hope this helps!

Axiom Valuation Solutions - Business Valuation Services for Owners & Advisors

Axiom Valuation Solutions - Business Valuation Services for Owners & Advisors

It looks VERY likely that I will have to miss class on Thursday. In lieu of class, I would like you to either

A. go to teh Oreck presentation at JCC at 7:00 PM
B. Watch this series of videos from Axiom Valuation

They will be testable.

Interviewing tips

Interviewing for Accounting & Finance Majors -- A Demonstration & Discussion

WEDNESDAY, SEPT. 20

5:00 - 6:00 p.m.

ROOM 211/213 REILLY CENTER

All students are invited to attend this program which will simulate a typical interview experience. Find out what to expect in an interview by watching an employer/student role-play of the situation. Ask questions and get advice from an alum who's a professional in the field. Please sign up in advance with the Career Center, if you plan to attend this program.

Please contact the Career Center, room 216 RC, x2384, if you have any questions.

two updates on things

1. The BonaResponds local service day went very very well! If you missed it, you really lost out! Stay tuned for next one! Here are some pictures.

2. I can not log on to my notebook computer so I can not upload the class audio. If anyone has any idea how I can unlock a locked computer, let me know :) thanks!

IT's TODAY!!!!

Hope you can make it out! Even if it is late...we'll be working until 2:00 and then having a picnic. Come on out to Walsh High School!

St. Bonaventure University: BonaResponds plans countywide service day

St. Bonaventure University: BonaResponds plans countywide service day:

"ST. BONAVENTURE, N.Y., Sept. 11, 2006 — The BonaResponds team has scheduled an Allegany-Olean service day for Saturday, Sept. 16. This will be the group’s second local workday this month.

BonaResponds volunteers will be broken into small groups, along with other local service groups, and assigned throughout Cattaraugus County. Some sites include the village of Allegany, Allegheny River Valley Trail, the Cattaraugus County SPCA, St. Elizabeth Motherhouse, Olean Historical Society, Olean General Hospital, the St. Bonaventure University (SBU) campus and Mt. Irenaeus."

If you can come out to help or if you want to donate, just let me know! :)

Need a laugh?

FRom the Onion

LeBron James Amazed At 21-Year-Old's Ability To Stay Up All Night Studying For Physics Exam | The Onion - America's Finest News Source:

"CLEVELAND—21-year-old LeBron James, who skipped college to make millions of dollars in the National Basketball Association, was amazed to find out that someone his very own age, Case Western Reserve University junior Michael Washington, had the ability to stay up all night studying"

Click though for more of story.