USD students plan tour of N.Y. financial district The University of South Dakota student chapter of the Financial Management Association (FMA) will travel to New York City's financial district from March 22-26. Students will visit New York Life, Knight Securities, Merrill Lynch, the New York Mercantile Exchange, the World Financial Center, and the American Museum of Financial History. They will also attend Phantom of the Opera, Les Miserables, and a New Jersey Nets basketball game.
Lori Epping, instructor of finance and accounting in the USD School of Business, will accompany the students to New York City. Dr. Kumoli Ramakrishnan and Dr. Angeline Lavin, USD professors of business, are the faculty advisors for FMA.
"Dr. Ramakrishnan and I initiated the New York trip in 1999 to give USD finance students a chance to experience the center of the global financial markets firsthand, by visiting the stock exchanges and other financial institutions in New York," said Lavin. "The trip gives students an opportunity to network with successful USD alumni, visit Fortune 500
firms, and experience trading on the exchanges by visiting both stock exchanges as well as the market makers who facilitate trading on the exchanges. "It is our hope that the students come away from the trip with more knowledge about their chosen field as well as more enthusiasm for their future careers," she said.
FMA was established in 1970 and is a student organization composed primarily of students from the USD School of Business, although membership is open to any USD student. The mission of the FMA is to broaden the common interests between academicians and practitioners, provide opportunities for professional interaction between and among academicians, practitioners and students, promote the development and understanding of basic and applied research and of sound financial practices, and to enhance the quality of education in finance.
The FMA accomplishes this by publishing research and commentary on important financial issues; hosting annual finance conferences at which advances in theoretical and empirical research come together with the current issues and concerns of practicing finance professionals are taught, critiqued, and discussed; and bringing together the professionals who share a common interest in finance.