Finance superstars at RBS teach students basics of careers in the industry
The first Financial Services Boot Camp was held at Rutgers Business School on September 9th. Organized by the Department of MBA programs, the event was a great success with more than 80 participants, including full-time and flex students and professors from both campuses. The goal of the boot camp was to provide graduate students interested in a career in Finance with a general overview of the financial services industry and its various career paths. The day included presentations covering a wide range of topics and a Q&A session with students and alumni sharing their success stories. The boot camp provided students with greater visibility regarding their career choices, as well as an incredible networking opportunity.
Professor Ben J. Sopranzetti, an Associate Professor in Finance and Economics, and an internationally renowned expert in the area of Business Valuation, Financial Strategy, and Investor Psychology, provided an exhaustive view on the different careers in investment banking and corporate finance and “How to get a job on Wall Street”. He stressed the importance of drive, initiative, and technical skills, but most importantly of integrity and communication.
“The professors were highly motivating and helped me understand which career path I would like to pursue,” said Rossana Ferrara, Ph.D., a full-time first year MBA student in Newark. “The Career Panel was definitely one of the most important components of the boot camp. It helped us find answers and have a better understanding of the process.”
Professor Ivan Brick, Chair and Professor of Finance and Economics, recipient of the 2011 “Excellence in Teaching Award” and the 1995 “Outstanding Educator Award” from the Rutgers Executive MBA Class focused on the importance of networking. He provided an overview of the multiple online resources including newsletters and associations, and encouraged the students to join the Rutgers Finance Alumni Network (FAN), established to create opportunities for Rutgers alumni in the field of finance to advance their careers, share ideas, and enhance the network of alumni, current students, and RBS faculty.
Professor John Longo, a Clinical Associate Professor of Finance & Economics at Rutgers Business School, Chief Investment Officer and Chairman of the Investment Committee for The MDE Group, and a member of the Advisory Board of The Bloomberg Institute then addressed the students, outlining in detail the process to succeed in Investment Management (i.e. CFA preparation, investor psychology, strategies of great investors, sample trades, online resources, etc.).
The students then enjoyed hearing from Farrokh Langdana, Professor of Finance and Economics, Director of the EMBA program, and recipient of a terracotta warrior statue from EMBA alumni who call him the "macroeconomic general.” Professor Langdana shared with them his perspective on the importance of intellectual curiosity, as well as insights on monetary and fiscal theory, and international economics.
Finally, a Q&A session with the panelists Steve Ball (Rutgers Alum, President and Chief Investment Officer at FundCore Finance Group), Anil Bhatia (second year FT student, team member of the winning team at the New York Regional Final of the 9th annual NYSSA Global Investment Research Challenge winner), and Daniel Silva (PT student) who provided their insights on the different career paths in Finance and shared their experience and success tips.
What students had to say about the event:
“Thank you for organizing today's Finance presentations. I thought that each part was uniquely informative and worthwhile. Much more than I expected!”
-Jason Reinhardt, FT First year student, Newark
“As a part-timer in my last semester, I am glad I was able to attend such an event. It was tremendously helpful!”
-Eng Hua Yap, Flex student, New Brunswick
“Thank you for coordinating the Finance boot camp! I found it to be incredibly useful and insightful. The professors concisely and clearly highlighted the different career fields available in Finance.”
-Elizabeth Mazer, First year FT student, New Brunswick
“Thank you for organizing the Financial Services boot camp! It was really a great opportunity for all the students interested in a career in finance to have a "taste" of the real Wall Street world.”
-Luca Sopranzetti, FT First year student, Newark
Story credit: Loubna Erraji, Director of MBA Team Consulting