 | Bob Doherty, Koichi Kurisu, Jeffrey Levi and Krishnan Vishwanathan from the Class of 2008 represented Yale SOM in the first "Fast Money M.B.A. Challenge" on Aug. 22. |
It was a busy 24 hours at the stock market for students at the Yale School of
Management (SOM).
T H I S
Students win championship
round of new game show
The other schools in the competition were the Universities of Chicago, Columbia
and California-Los Angeles, as well as Dartmouth College, the Massachusetts
Institute of Technology and New York University.
In the championship round, the Yale SOM team beat Texas in the game play, which
earned them $110,000 to invest in a mock portfolio of five stocks. Texas, as
runner up, received $100,000
— a crucial 10% difference in investment capital. The portfolios were monitored
from July 16 through the market close on Aug. 22. The Yale SOM students’ investments outperformed Texas’ in the turbulent markets, winning them the title of M.B.A. Challenge Champions.
The Yale team, which included alternates Lisa Howie and Michael McLaughlin, will
share the $200,000 grand prize awarded by TD Ameritrade. The prize money will
be used toward education expenses.
The Yale and Texas teams appeared on CNBC throughout the day of the finale and
presided over the NASDAQ closing bell with
“M.B.A. Challenge” host Dylan Ratigan.
On Aug. 23, SOM Dean Joel M. Podolny rang the opening bell of the NYSE to
celebrate the arrival of the school’s Class of 2009 and to kick off a day of orientation activities in New York
City.
The first-year students had lunch at the Yale Club of New York City with SOM
alumna Ranji Nagaswami ’86 M.B.A., senior managing director and chief investment officer of
AllianceBernstein. Following lunch, groups of students divided up and headed
out across Manhattan to meet with company officers at Citigroup, Deloitte,
ArcLight Capital, the Federal Reserve Bank of New York, Standard
& Poor’s, Governor’s Island Preservation & Education Corporation and the Sesame Workshop. Following the company visits,
students gathered downtown for a gala reception at the NYSE in the evening.
W E E K ' SS T O R I E S
University is welcoming its most diverse freshman class in history
Yale will bring educational treasures to iTunesU
Appointments Announced
Yale College deans for student and Native American affairs
Deputy provosts for science, faculty development
Coordinator of community programs in science
Yale Arab Alumni Association launched this summer
Yalies get taste of Hollywood as ‘Indiana Jones’ extras
SCHOOL OF MANAGEMENT NEWS
Five new faculty members begin teaching this fall
Students win championship round of new game show
New clinic offers free aid to local businesses, non-profits
Jeffrey Sonnenfeld cited as a business school ‘All Star’
DeVane Lectures to explore impact of performing arts
Scientists discover that evolution is driven by gene regulation
Exhibit explores fusion of fact and fiction in pirate portrayals
Also on view at the Beinecke Library
Exhibit features landscapes by photographer Jem Southam
Volunteers will again help during ‘Days of Caring’
Show celebrates East Asia collection’s 100th anniversary
Appointments at Center for Bioethics include a new director, David Smith
New residential college deans named
Events explore topics of reconciliation and ‘laws common to all mankind’
Yale Art Museums’ Open House to feature music, tours and more
Yale Library unveils blog and search tool
OISS seeking hosts for its Community Friends program
IN MEMORIAM
Letty Russell: Feminist theologian, leader in ecumenical movement
Brevard S. Childs: Influential Old Testament scholar, beloved teacher
Memorial service to be held for astronomy researcher Dorrit Hoffleit
Campus Notes
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