Finance students visit New York Stock Exchange
Penn State Berks students majoring in Finance had the rare opportunity to take a private tour of the trading floor on the New York Stock Exchange on December 7, 2011. The students were able to interact directly with the specialists and traders from the Bank of America Trading Hub, and to learn firsthand how trading has evolved, from runners taking orders across the trading floor fifteen to twenty years ago, to the more sophisticated computer trading of today.
The trip was coordinated by Penn State Berks alumnus Timothy Hillert ’09, partner at D.M. Roth & Associates. He remembered visiting the New York Stock Exchange as a student at Berks, and he wanted to give current students a more detailed look at the trading floor. Hillert coordinated the tour with Ray Laursen, CEO of Financial and Securities Training, Sean McAuliffe, Business Development of FAST, and Geoffery Leigh, Analyst at Standard and Poors.
The students were enrolled in two Finance courses at Penn State Berks: Investment Valuation for the Financial Services Professional and Corporation Finance, taught by Dr. Khaled Abdou, Assistant Professor of Financial Services, and Dr. Sudip Ghosh, Associate Professor of Business. The trip was only open to students majoring in Finance.
The purpose of the trip to the NYSE was to expose Finance students to the real world of investments and offer them an opportunity to hear directly from professionals on Wall Street about their experiences on the trading floor.
"The experience of stepping foot onto the trading floor of the NYSE and hearing directly from a Specialist is something I will carry with me for the rest of my life,” commented senior Dominic DiPaul. “It’s difficult for me to think of a better, more effective way of learning about the investment world."