Feature Story

A Wealth of Experience

In 2014, senior business major Ryan Paul faced a daunting task 鈥 go before the Widener University Board of Trustees and ask for $100,000.

Paul, along with classmate Anthony Imbalzano, and their professor, Monty Mansur, had just 15 minutes to make the case for why Widener鈥檚 Student Managed Investment Fund 鈥 worth $60,000 鈥 deserved the infusion of cash.

鈥淲e had to get all the data together, how well we were doing, a complete prospectus,鈥 remembers Paul.

Ultimately, the trio didn鈥檛 get the $100,000. Instead, the Board opted to transfer $500,000 into the fund.

鈥淭he decision came after I graduated, but I knew it was going to be a good thing,鈥 said Paul, who says the experience helped prepare him for, and ultimately land, his current job as a treasury analyst with Comcast in Philadelphia.

Paul left the investment fund in good hands. Overseen by students in Widener鈥檚 Money Club, the fund is worth $730,000 today. But its greater value lies in the real-world experiences it provides students.

Money Club members manage the fund鈥檚 large cap, mid cap and mutual funds. They analyze stocks, develop proposals, and present buy/sell recommendations to an advisory board of professionals who provide investment guidance.

鈥淭here are very few opportunities like this in any other university. It was a major reason I chose Widener鈥檚 program,鈥 said junior Ryan Yost, a finance major and portfolio manager for the large cap fund, which invests in such giants as Apple and Boeing.

The Money Club is not an exercise in hypotheticals. Students invest real money, subject to market volatility.

鈥淪tudents experience the joy of making money and what happens when you make bad investment decisions. They learn from it so they don鈥檛 make the same mistakes,鈥 said Professor Babatunde Odusami, co-advisor of the Money Club with Mansur.

It can be nerve-racking at times, but the students say the career preparation is worth it.

鈥淭he club gives me the opportunity to become an expert in researching and analyzing financial information,鈥 said junior DeShawn Ivey. 鈥淚t gives me the opportunity to visually see what we learn as students in the classroom while getting the hands-on experience.鈥

Aside from financial skills learned, students also realize the importance of teamwork, leadership and effective communication.

鈥淚鈥檝e started investing a lot of my own personal time learning best practices and how the industry works,鈥 said junior Jonah Boileau, portfolio manager of the mid cap fund. 鈥淭hat has made me more marketable as a potential employee.鈥

Paul agrees. His experience with the fund, and presenting to Widener鈥檚 trustees, boosted his confidence and underscored the importance of going the extra mile.

鈥淚 spent long hours putting the presentation together for the Widener trustees. Through that I learned that you can鈥檛 do the bare minimum,鈥 said Paul. 鈥淚f you want something you have to work for it.鈥

So when Paul applied for a position at Comcast, he seized the initiative and presented the company with an analysis of its debt structure. Comcast hired him.

Paul came back to Widener to earn his MBA, driven to return by the success of the fund and the university鈥檚 new state-of-the-art finance lab.

Equipped with a dozen computer terminals featuring Bloomberg Professional service, and other industry-standard programs, the technology enables students to manage the fund and prepares them for what they鈥檒l encounter professionally.

鈥淭he lab has really transformed the school,鈥 said Mansur. 鈥淲e鈥檝e had 150 students go through Bloomberg certification, and a number have gotten internship offerings because of it.鈥

The Money Club is open to students in all majors. The group also holds career-building and networking events, participates in competitions, and organizes guest speakers and trips to major financial institutions. 

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