Thanks to Alumni Scholarships, Four Students Attend Two-week CQA Institute Seminar
Image by courtesy
06/26/2018
By Ed Brennen
Four finance students from the Manning School of Business kicked off their summers by participating in an intensive, two-week advanced investment management course presented by the Chicago Quantitative Alliance (CQA) Institute.
Rising senior business administration majors Matt Lovely, Jimmy Dunn and Shailey Doherty, plus Kritameth Pongcheewin, who earned his bachelor鈥檚 degree in biology with a minor in finance this spring, were among 30 students from across the country selected to participate in the CQA Institute鈥檚 inaugural seminar, held May 20 to June 1 at Wilkes University in Wilkes-Barre, Pa.聽聽
鈥淭he program provided highly nuanced and in-depth explanations of financial concepts,鈥� says Lovely, a Foxboro native who is on track to graduate in December with concentrations in finance and management information systems. 鈥淚 now feel well ahead of my peers at virtually any other school in any discussion concerning quantitative finance or investment management in general.鈥�
All four students received scholarships to cover the course鈥檚 $2,950 tuition. Alumnus Ed Keon 鈥�77 provided three scholarships while alumnus Dick Grande 鈥�72 provided a fourth.
Keon, a frequent guest on CNBC and Bloomberg, leads a team managing over $50 billion in multi-asset portfolios as chief investment strategist at Prudential Financial. He was among several investment professionals to teach segments of the course; his lesson was on the topic of business ethics.
鈥淗e had the entire classroom of students thinking,鈥� says Dunn, a Dracut native whose concentration is in finance. 鈥淗e went through situations that we could run into in business and the consequences we鈥檇 face in those scenarios.鈥�
鈥淚t was my favorite lecture of the course,鈥� adds Lovely, who along with his classmates enjoyed a dinner with Keon after class one night. 鈥淎fter meeting him, I am inspired to give back to the 51视频 business community later in my career.鈥�
Keon, a CQA Institute member, was happy to see his alma mater well represented at the inaugural seminar.
鈥淪hailey, Krit, Jimmy and Matt were brilliant,鈥� Keon says. 鈥淭hey displayed great teamwork and developed a bond that I hope will be a lasting one. We鈥檙e already looking forward to doing it again next year, and I hope UML will be a big part of CQAI 2.0.鈥�
Course topics included equity and fixed income research, asset allocation, risk management, quantitative research, portfolio management and effective communication. It also focused on developing hard skills in areas like programming, risk models and model development. For a final project, students worked in teams on a case study to develop an investment strategy, which they presented to a panel of judges.
One of those judges was Gus Sauter, who oversaw $1.7 trillion in assets as the former chief investment officer of Vanguard.聽
鈥淧itching an investment strategy to a man who has managed more money than virtually anyone else in the industry was an incredible experience,鈥� says Lovely, who is now working as a Chase Leadership Development Program Summer Analyst with JPMorgan Chase & Co.鈥檚 Digital Analytics team in New York.
鈥淭he program enhanced my knowledge not only in the field of finance, but in the entire realm of business,鈥� says Dunn, who is working as a market research intern this summer at Dixital, a research and development branch of Digital Federal Credit Union (DCU). 鈥淭he bootcamp-style course was a great way to kick my learning into high gear.鈥�
Lovely also enjoyed learning alongside students from schools such as the Massachusetts Institute of Technology and Rensselaer Polytechnic Institute.
鈥淭he CQA course was undoubtedly two of the most important weeks of my college career,鈥� he says. 鈥淎nd I credit Ed Keon with making them possible.鈥�