When College of Business Administration (CBA) graduates enter the workplace, they will have a leg up on the competition, thanks to a state of the art technology/trading room that recently opened on the Rose Hill campus.
The room, which had its official ribbon cutting on Feb. 25, is located in Faber Hall, and is the result of a partnership between the CFA Institute and the bachelor of science in finance program at CBA.
The ribbon cutting drew members of the CBA advisory board, representatives from the New York Society of Security Analysts, the CRFA Institute, faculty, students, administrators and architects who designed the room.
The project cost $500,000, said Donna Rapaccioli, dean of the College of Business Administration. It features ticker monitors and a Bloomberg machine, and will feature live technology training sessions using software and databases such as Thomson One software and MediaLab. A portfolio management class is presently being held in the room, where dual screens make it easier for students to execute simulated stock trades, she said.
“Tonight, we recognize the CFA designation as a symbol of excellence, and how proud Fordham is to partner with the CFA Institute to educate ethical leaders of the global financial community,” Dean Rapaccioli said. “At the same time, we celebrate the opening of this dazzling new trading room, a space that provides our students and faculty access to state of the art technology.”