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The Bolte School News

This past fall semester over 60 students participated in the annual Mount St. Mary’s University Student Investment Challenge hosted by the Student Finance Club. The challenge, which took place over six weeks from October to November, is a simulation in which the participant buys and sells the ownership of publicly traded companies in order to build the value of an investment portfolio. The challenge is a great chance for students who have expressed interest in the stock market to better understand the concept of buying and selling stock.  Todd Zuech

Each student began with $100,000 and competed to see how much they could increase their stock portfolio's value.  At the closing bell on November 21, with all the results in, the winner was a clear cut Todd Zuech, C’17, who ended with over $515,471 dollars, a gain of 415% from the initial $100,000 value. Runners up were Teresa Gonzalez, C’17, at $164,201 a 64% gain and William Naille, a graduate student at the Mount, who earned $119,608 a 19% gain. Although it was a landslide victory for the underclassman here at the Mount the learning experience it provides for everyone is undeniable. Prizes of $300, $200, and $100 were award to first, second and third place respectively.

The end value of many of the portfolios show how much the student puts into the challenge.  Professor Don Butt, finance club faculty advisor, said, “In the past, the winners of the investment challenge have all been extremely active through the entire course of the challenge, making multiple trades over the course of a single day.”

The challenge really articulates how much work it takes to remain competitive and the constant trading necessary to create a profitable portfolio.  “This is a great way for anyone who is interested in pursuing a career in stock brokerage or going on to take the Series 7 exam after graduating to get their feet wet and see just how much work goes into the career," Professor Butt said. “I would highly encourage any undergraduate business majors to participate in future challenges by the investment club.” 

 

Mike BarryDr. Mike Barry, associate professor of Economics and Law, took a close look at the beneficiaries of the falling prices and those market segments put at a disadvantage because of slide.  The domestic as well as the global impact is important to analyze as we now operate in a vast global economic world.  Check out the link below to learn more!

 

https://www.msmary.edu/about-the-mount/news-and-events/news-archive/2015/2-3-2015Gas-prices-why-we-are-paying-lower-at-the-pump.html

Professor FarnetiDr. Corinne Farneti, assistant professor of sport management, spoke with WBAL Maryland's News Now Beth Marsden about the ongoing investigation as to whether the New England Patriots intentionally deflated footballs prior to their AFC Championship game against the Indianapolis Colts.  The investigation has surfaced many opinions across the sports world including current and former NFL players.  The last thing the NFL wants after a difficult season off the field is a potential cheating scandal that disrupts Super Bowl week. New England faces Seattle on Feb. 1 in Glendale, Arizona.

http://www.wbal.com/article/112977?title=report-nfl-found-11-of-12-patriots-footballs-underinflated

 

George Borst C’70 took a step back in the same business classrooms he graduated from 45 years ago to share some of his own experiences in business with Mount students. Borst served as Toyota Financial Services (TFS) Regional CEO for 11 years and had a wealth of information to share with students.  Discussions in Business Policy and Society classes ranged from simply starting out in search of a career to the advanced topics of ethical behavior in the workplace.  Shannon Greene C’15 said, “Mr. Borst stressed corporate social responsibility and volunteering in the workplace as well as a discussion on the transition from college to corporate as budding young business people.”

George BorstBorst had varying messages for the different classes he attended but the overall the message Borst had for students stressed finding your own path but also how to address ethics in an environment where no one comes from the same ethical or moral background. Along with ethical standards Borst concluded by encouraging the young business minds in the classes to give back. Borst’s own philanthropic pursuits are not limited to monetary terms; he volunteers his time as well. Bringing Toyota Financial Services' philanthropic efforts to new heights during his time with the company, Borst ensured the company practiced what they espoused.

After leading TFS out of the early millennium and into the past decade, Borst currently serves as executive advisor to the CEO on global issues in operational and financial decisions. During his time with TFS, Borst led the company through numerous crises including global recession, unprecedented automobile recalls, and the 2011 earthquake and tsunami in northeastern Japan which wiped out many of Toyota’s suppliers. Though the company faced many hardships, it became the nation's largest captive finance company during Borst's leadership.

 

Terry McCuneTerry McCune was recently named Assistant Director of Graduate and Adult Business Programs.  While assuming the responsibilities as the Assistant Director Terry continues to work as a Lecturer in the MBA program at Mount St Mary’s University’s Frederick Campus.  Dean of the Bolte School of Business Karl Einolf had these words to share about Terry’s recent appointment, “Terry brings a passion for higher education and a wealth of experience to his new position.  He has done an exceptional job developing our programs in government contracting, and in his new role he will help to grow our graduate and adult business programs in Frederick. We are delighted to have him as a member of our Frederick team!”

Terry obtained his undergraduate degree in Health Care Management from Park University and Master of Science degree in Contracts and Acquisition Management from Florida Institute of Technology.  Following 24 years of military service, he worked in the Defense contracting industry and in the Federal Government as a civilian. As a Contracting Branch Chief at Fort Detrick, he developed contracting courses through a partnership agreement with the U. S. Army Medical Research and Materiel Command and Mount St. Mary's University.

In November 2012 the Mount and Fort Detrick signed a two-year agreement for him to review Fort Detrick’s contract documents for statutory and regulatory compliance and develop training to correct negative trends. He also was a voting member of Fort Detrick's Contract Review Board to evaluate acquisition strategies, solicitations and contract documents for complex, high dollar acquisitions. During this time, he developed a Graduate Certificate in Government Contracting through the Mount. Following the course development, in addition to teaching, he obtained accreditation for the courses with the Department of Defense.

Professor FarnetiCorinne Farneti, assistant professor of sport management, spoke with WBAL radio about the controversial decision to allow former Baltimore Ravens running back Ray Rice to return to the NFL in the wake of his domestic violence scandal. WBAL anchor Mary Beth Marsden interviewed Dr. Farneti about Rice, the way the NFL handled the issue, and the role ethics plays in professional sports.


Vlad Profile PicVlad Leskovetc is an exchange student from South Ural State University in Chelyabinsk, Russia.  He is currently pursuing his master of business administration (MBA) degree, and is a graduate assistant in the Bolte School of Business.  He recently spoke with Mount officials about coming to the Mount.

How did you first learn about the Mount?

I became aware of Mount St. Mary’s five years ago when Mount St. Mary’s students came on a trip to South Ural State University. Through the foreign exchange program the two sister schools share, I was able to learn of experiences that students had in America and exchanged stereotypes as well.  During that first experience in Russia, students came and explored the area of the Ural Mountains, met with students from the school and learned about life in Russia, and the stark contrasts that exist between the two nations as well as some of the similarities.  Two years later I came and visited; I am fortunate enough to be quite fluent in English so I could socialize with the students of Mount St. Mary’s. I enjoyed my experience here very much.

What do you like now since you began taking graduate level courses?

In Russia the teacher lectures and lectures and that is all it is, here at the Mount there is a lot more interaction between students to professors. The global topics that we discuss in class are very interesting.  The ability for students to work out and train with other athletes in the same center is also unbelievable and the [PNC Sports Complex] center itself offers so much to do even though I do not play very many sports as we do in America. 

Any dislikes so far?

Not so far – but I wish more people spoke Russian over here!

 
 
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