Find Your Fit in Nonprofit Finance from Monster Career Advice

Find Your Fit in Nonprofit Finance from Monster Career Advice: "

What the not-for-profits do is very interesting, and it's also a very secure industry, which is why people are focusing on them these days,' says Suzanne Lieb, a recruiter with Howard Michaels Associates in New York City, who places finance professionals at nonprofits."

Cities for jobs

From Forbes

"New York City tops our list as the No. 1 city for young professionals.

That likely comes as a shock to, well, no one. Many of America's best companies, as determined by Forbes rankings of the best 400 big businesses and best 200 small businesses, including financial giant Goldman Sachs and media conglomerate News Corp. are in New York. Throw in New York's bars, clubs and world-class dining, and you get a city teaming with young professionals.

San Francisco clocked in at No. 2 and Atlanta at No. 3. Los Angeles, Washington, D.C., Boston and Seattle filled spots four through seven, and Minneapolis, Philadelphia and Denver closed out the top 10."

Surprisingly Olean was not in the top 10. Probably 11th!

ANNIE GRADY'S TRAVEL BLOG

ANNIE GRADY'S TRAVEL BLOG: "ANNIE GRADY'S TRAVEL BLOG"

Many of you know Anne (an MBA student). Follow her travels on her blog!

Grades

MBA 610 grades are in. 402 will be LATE tonight....I wish they didn't always turn off system at night :(

SIMM esq

www.belleville.com | 05/05/2007 | Finance students cut teeth as portfolio managers: "

...student-run portfolio programs provide in-depth investment nitty-gritty aimed primarily at finance majors and Master of Business Administration students. While students are applying what they've learned from textbook theory, the programs also help them develop presentation and communication skills that could pay off with jobs in the financial industry."

I will be teaching SIMM (the SBU student run fund) this coming year. Here is the new website for it thanks to Wren and Chris (and others?)

Study: Your brain shrinks if you drink too much alcohol for a prolonged period - On Deadline - USATODAY.com

Study: Your brain shrinks if you drink too much alcohol for a prolonged period - On Deadline - USATODAY.com:

"New research suggests that people who drink a lot of alcohol over a long period of time tend to have smaller brains.

Here's how the neurologist who performed the study described her findings: This cross-sectional study found people who had more than 14 drinks per week had an average 1.6 percent reduction in the ratio of brain volume to skull size compared to people who didn't drink."

Need another reason to avoid excessive drinking?

What Is Open Source

Here is a description of open source that we were talking about in class (401) today:

ONLamp.com -- What Is Open Source

Cases for 610

Here are some of the cases that the MBA 610 students will be expected to know

TIME: Behind the Enron Scandal, More Enron

Adelphia

Shanghai Disney

Southwestern's Hedging Policy

Parmalat

Barings

LTCM and more LTCM

Bankers Trust

Answer key for 402

Finance 402 test 2 Key

1. A
2. E
3. E
4. d
5. b
6. e
7. e
8. a
9. e
10. b
11. c
12. d
13. d
14. c
15. a
16. b
17. b
18. d
19. d
20. b
21. c
22. b
23. a
24. a
25. a
26. a
27. d
28. d
29. c
30. e
31. b
32. c
33. c
34. d
35. c
36. a
37. c
38. c
39. a
40. e

Online NewsHour: Hedge Funds Failure -- October 1, 1998

Online NewsHour: Hedge Funds Failure -- October 1, 1998: "October 01, 1998 "--yeah it is really old, but this is another source for information on Long Term Capital Management.

Some cases

As promised in MBA 610, here are a few places you might want to look for your cases for your presentations and write-ups.

Each group will present one. Plan on abut a 15-20 minute presentation with 10-15 minutes for questions and answers. Also each group will submit a 4-5 page paper.


SSRN – FEN Educator: Courses, Cases & Teaching

Erisk.com's cases


Campbell Harvey's Class' Emerging Market cases


two I either wrote, or helped write

Adelphia:

Springfield Power Case



REMEMBER, you can also choose others. However, all cases (even those here) must be approved by me.

Wednesday's class

We DO have class on Wed! :)

UNCW students to be in control of $1 million | StarNewsOnline.com | Star-News | Wilmington, NC

UNCW students to be in control of $1 million |
StarNewsOnline.com | Star-News | Wilmington, NC:

"BB&T Corp., based in Winston-Salem, recently agreed to donate more than $1 million to the University of North Carolina Wilmington, creating an investment fund that will be managed by some of its top finance and MBA students.

Proceeds will pay for a lecture series on global capitalism as well as research on corporate ethics.

'It's real,' McDonald said. 'That's what's so great about this fund. I'm sure there's going to be no slackers in that program.'

Student-managed investment funds are widespread, but Larry Clark, dean of the Cameron School of Business, said he didn't know of another so large at a public school of UNCW's status. BB&T will submit the gift in five annual installments of $207,500 starting this October.

The amount means students will have the chance to invest in a wide range of stocks, bonds and other markets, UNCW officials said.

'It's an incredible opportunity,' Clark said."

Since I will be teaching SIMM next year I have been paying much more to Student managed funds. SBU's will have about $142,000 so if you are around and want to get some hands on experience, sign up for the class!

Help Wanted

Is anyone looking for a job (10-15 hours a week)? Must be coming back next year. Ideally you qualify for work study, but if needed I will pay out of my own pocket. I just really need someone to relieve some of the paper work that has accumulated (I would say I am like the NYSE in 1968 but it may be too geeky of reference ;) )

What would the work entail? Largely excel and data collection, but sometimes correcting (scantrons), organizing my office (at least a little ;) ) etc.

Need not be a finance major!

Need not be local (i.e. the vast majority of this can be digitized and done remotely).

Newmark's Door: DeVito's speech from Other People's Money

Transcript of Larry the Liquidator's speech

Newmark's Door: DeVito's speech from Other People's Money:

"This company is dead.

I didn't kill it. Don't blame me.

It was dead when I got here."



HT the Unknown Professor and Newmark's Door

Well worth watching!

In the spirit of the World is Flat:

Did you Know?


Carl Case pointed this one out to us.

Managing Expectations

Lest you get hopes up too high for 402, I still have a test to give, so I will not be able to give tests back until Thursday.

So we will be doing the next case: MCI on Tues, Compania De Telefonos de Chile on Thurs

FPL Group is on test

Was just asked what cases are on the test;

Butler Lumber
Dell Working capital
Fixed income valuation
FPL Group

in class:
Dupont
Loewen Group
Hospital Corp of America
Stone Container

402 test "stuff"

Gee, you'd think there was a test on Thursday with all the questions I have, so here so here goes:

1. Yes you need to know material from Cases
2. Yes you need to know the stuff we did before cases
3. Valuation is definitely fair game!
4. The test will be mainly multiple choice but may include other types of questions too. I really do not know yet as I have not finished it.
5. You are not allowed a cheat sheet.
6. It is in class.
7. Bring a pencil and a calculator!


hope this helps!

Jobs

From Career Services:
HSBC Information Session - MANDATORY for an Interview!
Thursday, March 22 4:00 - 5:00 p.m., RC 211/213
Positions: Accelerated Management Trainee Intern; Sales Account Executive
Majors: Business
On-campus Interview Date: Friday, March 23 (Open Schedule)

*Please bring your resume to the Information Session and be prepared to sign up for an interview taking place the next day!