Fordham Finance Society

Training The Street – Advanced Financial Modeling

cmcgrath11 — Wed, 03 Apr 2013 22:48:09 +0000

April 13th 8:45 – 5:00

Lowenstein Room 311
** NOT Law School 311 **

Think your Excel skills are good? …proficient? …efficient? …adequate?
Wait until Prof. Zirpolo’s advanced financial modeling course!! Get the advanced modeling skills that will make you “Job Ready.”

Fee: $60 with the Discount Code
Course limited to the first 50 students.

Course Code: 64998A
Discount Code: MEMBER

Click here to register.

Click here for more information.

Overview

This intensive workshop is designed to develop Excel skills through actual hands-on construction of a financial model. Each participant will build their own interactive model from to practice blending accounting, finance and Excel skills. Course topic will include:

Review Modeling Best Practices:

• Excel best practices, including common “shortcut” keys and other efficiency tips

• Understanding how to efficiently design historical inputs & forecast financial projections

• Best practices for building formulas (auto sum, filling, anchoring, auditing)

• Introduction to macros & distribution of TTS proprietary macro toolkit

Data Manipulation and Management:

• Organization of data: (text to columns, LEFT, RIGHT, UPPER, LOWER, CONCATENATE, RANK, etc.)

• Lookup functions (VLOOKUP, HLOOKUP)

• Analysis of data (SUMIF, COUNTIF, Nested IF, MATCH)

• Pivot Tables

Scenario Analysis Topics:

• Sensitivity analysis including data tables

• Conditional formatting

• Scenario analysis using CHOOSE & OFFSET functions and utilizing “named cells”

Macros and User Friendly Tools:

• Macros and other format controls

Creations of basic print macros and editing of basic VBA code
Insertion of a “print button”
Use of drop-down menus (combo boxes) for ease of team and client use

• Data validation

• Creation of dynamic text functions

Target Audience

This intensive workshop will benefit any professional who will be required to create financial projections, especially for MBA candidates interested in:

Working in the financial services industry (investment banking, consulting, research, asset management, private equity, brokerage, sales & trading, insurance, etc.)
Working in the corporate or strategic development group or finance department of a corporation
Enhancing the learning experience in finance and financial statement analysis classes
Working in marketing, brand management or operations for a corporation and being responsible for a product or divisional budget, projections and profit/loss statement

Learning Methodology

Through practical examples and annotated Excel guides, the lectures will discuss theories, approaches and applications of financial modeling. The participants will have the opportunity to construct a model of their own to apply the lessons learned in the lectures.

Personal one-on-one assistance will be available to answer questions and give guidance while the participants are working on the computers. During computer time, Training The Street will supplement the lectures with tips and hints on Excel best practices for financial modeling.

Course Code: 64998A

Preparing Financial Professionals for Success

*PLEASE NOTE: Training The Street (TTS) Financial Modeling & Excel classes are optimized for PCs using Office 2010, 2007 and 2003. Students running Excel for Mac 2008 or 2011 may struggle to keep pace with the curriculum. Many of the shortcut keys will simply not work in the Mac operating systems. It is highly recommended that all participants bring a Windows based PC. Alternatively, you may purchase and install Parallels or VMWare to run Excel in a windows environment. In fairness to other students (and based on feedback from past participants) TTS instructors will not be able to stop instruction to address Excel for Mac (e.g. 2008, 2011) questions. We will, however, do our best to assist Excel for Mac users before and after the course – we ask that you please set your expectations accordingly (and thank you in advance for your understanding). For those still willing to use a Mac, we will send you a Setup guide before the class starts.

About Training The Street

The firm: TTS offers state-of-the-art, instructor-led courses in financial modeling and valuation for finance professionals. Founded in 1999, TTS is the world’s leading financial learning services company offering targeted and customized training courses to corporate and educational clients. Through the use of highly effective, intuitive teaching methods in an interactive, multimedia setting, our mission is to teach you the everyday valuation techniques and financial modeling skills that experienced professionals use at work so you can use them the very next morning. In short, through a mix of hands-on instruction, practical illustrations, group projects, computer exercises, visual presentations, and mini-lectures, we teach you real-world applications of finance theory in a way that brings corporate valuation and financial modeling to life.

The team: With more than century of combined professional and teaching experience, TTS’s instructors have worked across a broad spectrum of industries-from high-technology to retail-and across a wide range of financial disciplines-from investment banking, accounting, and financial research to global trade finance and credit risk management. We have executed LBO and M&A transactions, and worked with both debt and equity products, including public offerings and private placements. Through our extensive exposure to deal flow on several continents and across various firms, we have built a conceptual reservoir of global transactions, client experiences, situational dilemmas, and anecdotal cases that enrich the examples we select and the way we teach. That experience enables us to simulate the feel of a real deal in our courses.

The advantage: Our banking experience is matched by our passion for, and skill in, teaching. Three TTS team members currently serve as adjunct professors of finance at Fordham Business School, Northwestern University’s Kellogg School of Management, and at the University of North Carolina’s Kenan-Flagler Business School. This year alone, TTS will deliver over 1,500 teaching days and lead workshops at more than 45 academic institutions, including 23 of the top 25 business schools in the United States. Over the past decade, TTS has become the training standard for Wall Street firms, consulting firms and for undergraduate and graduate business students seeking jobs in finance.

Preparing Financial Professionals for Success

Networking Night Thursday

cmcgrath11 — Mon, 01 Apr 2013 12:40:54 +0000

April 4, 2013 6:30 – 9:30

Presented by Fordham Graduate Marketing Society and Fordham Finance Society

Ainsworth Park
111 E. 18th St. (18th & Park Ave. South)

First 60 attendees get a free drink!
Appetizers will be served

RSVP at Community

https://mba-fordham-community.symplicity.com/index.php

or click here for more information

Fordham Wins NYSSA/CFA Equity Research Challenge New York Regional Final!!

cmcgrath11 — Mon, 01 Apr 2013 12:40:32 +0000

Congratulations to the NYSSA Equity Research Challenge Team!!!

Global Final Round on April 12, 2013 in London

http://www.nyssa.org/StudentOutreach/CFAInstituteResearchChallenge.aspx

Please support our NYSSA Equity Research Challenge Team by completing this survey on their case company Microsoft below. Thanks!!
http://fordhambusiness.qualtrics.com/SE/?SID=SV_8esWbAtAO1ZRNIx

FORDHAM FEMALE FINANCE STUDENTS

cmcgrath11 — Mon, 01 Apr 2013 12:39:48 +0000

Wednesday, April 3, 2013

Time: 12p.m. – 4.00p.m.

Where: One Wall Street, Bank of New York Mellon

Financial Women’s Association chapter at Bank of New York Mellon is inviting Fordham female finance students to network with FWA

members and Fordham GBA alums as guests of BNY Mellon for a career panel lunch, a tour of the BNYMellon museum on-site and a special

FSA-sponsored networking reception with BNYMellon employees

Agenda

⁻ 12.00p.m. Lunch

⁻ 1.30 p.m. BNY/Fordham/FWA alumnists to hold an information panel presentation on Career Oriented Questions

⁻ 2.30 p.m. a guided tour of the BNYMellon museum at One Wall Street

⁻ 3.00 p.m. drive in on out 47th floor ( great views!) welcome the students to network with BNYM’ers

Email by noon on Tuesday, March 26 to request a spot to Roxanne Bonilla (rbonilla@fordham.edu) with cc to Judy Paul (jpaul1@fordham.edu)

Students will be notified on March 27 about whether they have a confirmed spot for the event

Click here for more information.

Author Series: A New Look at Currency Investing

cmcgrath11 — Mon, 01 Apr 2013 12:39:14 +0000

Thursday, April 4, 2013
Time
8:00 a.m.–9:30 a.m.
Breakfast will be provided

Location
NYSSA Conference Center
NYSSA, 1540 Broadway, Suite 1010 (45th Street Entrance)

Fees
Member $15
Virtual Member $35
Student $10
Nonmember $35
($5 surcharge for walk-ins)

Registration Deadline
Tuesday, April 2, 2013

Richard Levich and Momtchil Pojarliev, authors of A New Look at Currency Investing, examine the rationale for investing in currency. They highlight several features of currency returns that make currency an attractive asset class for institutional investors. Using style factors to model currency returns provides a natural way to decompose returns into alpha and beta components. They find that several established currency trading strategies (variants of carry, trend-following, and value strategies) produce consistent returns that can be proxied as style or risk factors and have the nature of beta returns. Then, using two datasets of returns of actual currency hedge funds, they find that some currency managers produce true alpha. Finally, they find that adding even a small amount of currency exposure—particularly to alpha generators—to an institutional investor’s portfolio can make a meaningful positive impact on performance. Register now to meet the authors and hear about their new perspectives on currency investing.

Speakers

Richard M. Levich is professor of finance and international business and deputy chairman of the Department of Finance at New York University’s Leonard N. Stern School of Business. Previously, he served as chairman of the International Business Program at Stern. He is also a research associate with the National Bureau of Economic Research in Cambridge, Massachusetts, and a founding editor of the Journal of International Financial Management and Accounting. Levich has been a visiting faculty member at many distinguished universities in the United States and abroad. He is the author or editor of 15 books dealing with international finance and more than 50 scholarly articles, in addition to numerous other published writings. In 1997, Levich received a CDC Award for Excellence in Applied Portfolio Theory from the Caisse Des Dépôts Group, France. He received his PhD from the University of Chicago.

Momtchil Pojarliev, CFA, is a senior portfolio manager for Hathersage Capital Management LLC and also serves as the chief investment officer of Cambex Holdings. He joined Hathersage after a decade of experience managing foreign exchange (FX) portfolios as the head of currencies at Hermes Pension Fund Management, senior FX portfolio manager at Pictet & Cie, and senior FX portfolio manager at Invesco. In addition, Pojarliev has advised various asset management firms, including PIMCO and Goldman Sachs Asset Management, in the area of currency return analytics. He has published extensively in finance and investment journals. He is a member of The Economic Club of New York and the Swiss Society for Financial Market Research. He currently serves on the editorial board of the Financial Analysts Journal. Pojarliev received an MSc in finance from the Vienna University of Economics and Business and a PhD with honors in financial econometrics.

Click here for more information or to register.

Investor “Say on Pay”: Developments in Executive Compensation Design, Disclosure, and Engagement

cmcgrath11 — Mon, 01 Apr 2013 12:38:47 +0000

Thursday, April 4, 2013

Time
12:00 p.m.–1:30 p.m.

Location
NYSSA Conference Center
NYSSA, 1540 Broadway, Suite 1010 (45th Street Entrance)

Fees
Member $10
Virtual Member $15
Student Member $5
Nonmember $15
($5 surcharge for walk-ins)

Members of the press are not permitted to attend this event.

Note: Please bring your lunch. Cookies will be provided.

Registration Deadline
Tuesday, April 2, 2013

With the 2013 proxy season just around the corner, this program will highlight trends in issuer and investor activity related to so-called investor “Say on Pay.” You will receive the tools and insights to maximize your review of the Compensation Discussion & Analysis (“CD&A”) section of the proxy, which is increasingly used by issuers to more clearly demonstrate the linkage between compensation plans and company strategy and performance. Say on Pay has led in part to increased engagement between issuers and their investors on executive compensation, changes in incentive plan design and disclosure, and in some instances, high profile investor rejections of CEO pay packages with material ramifications for boards and management teams. Hear from a panel of experts on both the historical perspective for these recent developments and the practical implications going forward for boards of directors, management teams, and shareholders.

At this program, you will:

Gain perspective on current executive compensation plan structures, disclosures, and potential problem areas
Take away ideas for improving fundamental analysis and engaging with companies on compensation issues

Who Should Attend?

Analysts, portfolio managers, consultants, proxy solicitors, investor relations, corporate secretaries, and human resources professionals.

Speakers

Stephen L. Brown serves as senior director of corporate governance and associate general counsel for TIAA-CREF, a full-service financial services group of companies with over $500 billion assets under management. Brown and his colleagues in the Corporate Governance Group work to enhance the governance of companies held within TIAA-CREF’s investment portfolios with the objective of increasing shareholder value and improving long term performance of targeted companies. Additionally, Brown advises management and the boards of the TIAA-CREF group of companies on internal corporate governance matters. Since 2011, Brown has been named by the National Association of Corporate Directors as one of the 100 most influential people in corporate governance and the boardroom. Brown is an adjunct professor at Yale University and City College of New York. Brown’s pro bono practice has included advising several New York City charter schools and economic development organizations. He is currently an elected member and president of the Englewood, NJ Public School Board. Brown received his BA from Yale University and his JD from Columbia University Law School where he was a Harlan Fiske Stone Scholar and an Olin Law & Economics Junior Fellow.

James F. Reda works with both public and private organizations in planning, creating, and implementing incentive programs. Reda also advises companies on incentive strategy, including long- and short-term senior executive employment arrangements, change-in-control metrics, business combinations, shareholder rights, and corporate governance issues. He is a recognized expert in the area of integrating incentive and corporate strategies. Reda has more than 26 years of experience specifically in the area of senior executive compensation. Prior to forming his own firm in 2004, Reda worked at three major executive compensation consulting firms. Reda has written numerous articles on executive compensation, stock award programs, long-term incentive strategy, merger and acquisition issues, and compensation committees in publications such as The Corporate Board, Directorship, Directors & Boards, Journal of Deferred Compensation, WorldatWork Journal, Director’s Monthly, Journal of Taxation of Employee Benefits, and Journal of Compensation & Benefits. He has published books on executive compensation, including Pay to Win: How America’s Successful Companies Pay Their Executives (Harcourt: 2000), and The Compensation Committee Handbook (John Wiley: 2007), which is in its fourth edition. He has a BS in industrial engineering from Columbia University and an SM in management from the Massachusetts Institute of Technology, Sloan School of Management.

Harwell Wells is associate professor of law at Temple University’s Beasley School of Law. A specialist in legal history and corporate law, he earned a PhD in American history at the University of Virginia and a JD from Vanderbilt University School of Law. Before joining Temple, he worked in the securities regulatory group at WilmerHale LLP in Washington, DC.

Click here for more information or to register.

3rd Annual Executive MBA Forum

cmcgrath11 — Mon, 01 Apr 2013 12:38:19 +0000

Thursday, April 4, 2013

Time
6:00-7:30 | Presentation
7:30-8:00 | Networking

Fees
Free for everyone

Registration Deadline
Wednesday, April 3, 2013
Getting an MBA can be difficult if you’re an experienced senior-level professional. Full-time study would interrupt your career and part-time study would conflict with your schedule and take three years to finish.

Executive MBA programs accommodate busy schedules and managerial responsibilities of senior executives. They typically take 18–24 months to complete, and prearranged schedules satisfy the executive and employer.

Representatives from top-tier Executive MBA programs will discuss their programs and answer your questions.

A partial list of participating schools include:

Cornell University, Samuel Curtis Johnson Graduate School of Management
Joseph Ambrosetti, Director, Cornell Executive MBA Program
New York University, Leonard N. Stern School of Business
Heather Daly, Director of Executive MBA Admissions and Marketing
Columbia Business School
Hannah Chase, Associate Director of Admissions
William Brown, Associate Director of Admissions

Speakers

Moderator

Thej Gurumurthy, CFA, is the cofounder and COO of Syven Global Services, a research and analytics firm. Gurumurthy leads Syven’s operations and drives the delivery of high-quality services and cost effective research products. Primarily working with investment banking clients, Gurumurthy is an expert on financial services outsourcing initiatives. He has worked with senior bankers on several high profile transactions, across industry sectors, to identify and execute outsourced financial analysis projects. He is an expert in investment banking research and analysis and trains several Wall Street firms and business schools in financial modeling and corporate finance. Gurumurthy’s deal experience spans across M&A, financing, investment and restructuring transactions. He has a bachelor’s degree in engineering from the University of Mysore, India. He received an MBA with concentrations in finance, strategy, and global business from NYU’s Stern School of Business, where he graduated with distinction and was designated as a Stern Scholar.

Click here for more information or to register.

Beauty and Avarice: A Romantic History of Precious Metals

cmcgrath11 — Mon, 01 Apr 2013 12:37:49 +0000

Thursday, April 4, 2013 | 12:30 PM to 01:30 PM

MUSEUM OF AMERICAN FINANCE
48 Wall Street | New York, NY 10005
Tel: 212.908.4110 | Fax: 212.908.4601

In this presentation, Miguel Perez-Santalla offers a glimpse into the history of precious metals from the earliest days to modern times including their primary uses, their driving force and the story they tell about mankind.

About the Speaker
Miguel Perez-Santalla is vice president of business development forBullionVault, a leading online gold and silver exchange. Established in 2005 to bring greater access and transparency to the marketplace, BullionVault is the world’s largest store of privately-owned investment gold bullion and currently serves 43,000 clients. Leveraging over 30 years of experience, Perez-Santalla is known for delivering his precious metals expertise at industry events and serves as a media resource. As a fierce advocate for retail investors, he often shares his passion and knowledge in trading, physical markets, futures, forwards, mining, refining and manufacturing of precious metals. Perez-Santalla has been blogging for many years, and his thoughts about the precious metals markets may be read on preciousmetalslife.com

$5 tickets may be purchased online or at the door and include Museum admission. Members admitted free. Feel free to bring your lunch.

Click here to register or for more information.

HOLT Valuation Challenge 2013

cmcgrath11 — Mon, 01 Apr 2013 12:37:26 +0000

HOLT is looking to identify top talent from around the world. The top pool of talent will have the opportunity to interview with the HOLT Team. Showcase your skills and win a chance for up to 10 2014 internship or co-op positions with Credit Suisse HOLT and affiliates.

Sign on to Symplicty for more information.

13th Annual RISE Forum

cmcgrath11 — Mon, 01 Apr 2013 12:36:55 +0000

April 4-6, 2013

If you’re interested in stocks, bonds, trading, investing, or asset management, the RISE Forum (Redefining Investment Strategy Education) is just the ticket! Now in its’ 13th year, RISE is the nation’s premier student investment conference, and I’m writing to let you know that a limited number of your students can attend at no charge, thanks to the generosity of our corporate sponsors.

Next April’s conference will feature the CEOs, CIOs, and chief economists from many of the top firms in the investment industry, respected financial media personalities, and a first-ever Federal Reserve Presidents Panel! On Thursday, students help guide the direction of these experts’ discussions by stepping up to the microphone to ask questions. On Friday and Saturday, students attend breakout sessions to learn more about investment and career strategies. Professors can do the same, but may prefer the faculty-only breakout on Saturday morning.* Last, but not least, I don’t want to forget to mention that RISE sponsors an optional portfolio competition in conjunction with the conference.

Click here for more information or to register.