For a few days in late December 2017, 24 master’s in finance (MSF) students and one master’s in accounting student descended on financial services companies, banks and regulatory agencies in New York City with Faculty Advisor Ravi Shukla, professor of finance, to see how what they’re learning in the classroom translates into the “real world.”
The group visited many top firms, including:
- IEX Group
- Wall Street Blockchain Alliance
- Securities and Exchange Commission
- Alpinvest (a division of The Carlyle Group)
- Federal Reserve Bank of New York
Through their time at the companies, they learned about asset allocation models, bitcoin and blockchain, an innovative up-to-the-minute source of data for financial decision making, as well as cutting-edge developments in securities trading and market microstructure, private equity and more.
While the students only spend three days in New York, they also had time for an alumni reception where they networked with recent MSF alumni who are employed with companies, such as American Express, Amazon, Barclay’s, Elsevier Reed and J.P. Morgan.
“I learned a lot from the presentations we listened to from the different companies and I got to know the differences between these financial institutions,” said Runya Nie, MSF student. “It’s such a valuable opportunity for us to see these institutions’ real working processes and begin networking with our excellent alumni.”
The MSF program is designed to develop and enhance analytical and quantitative abilities of students so they graduate with a deep and thorough understanding of financial decisions and the factors influencing them. With increasing emphasis on data-driven decision making, finance professionals need to know how to extract and manage large data sets, visualize and model the data to draw meaningful inferences. The MSF program gives the students the tools and skills that can be applied to problems in corporate finance, financial services, investments and international finance.