On the morning of May 4, 2018, Lemma Senbet Fund fellows presented their final reports to Alex Triantis, dean of the Smith School, and the Smith Foundation Board. Seniors David Niezelski and Jacob Biedronoski led the presentation, highlighting overall gains and successful decisions made over the past year. While the equity market for the past 12 months gave the team reasonable hurdles in finding value-driven theses, the cohort persevered and ultimately achieved higher returns and betas than previous years. Humbly, the team attributed their success in part to legacy portfolios and the luck of inheriting a good hand that allowed them to play their cards right. However, the team also made critical changes to their benchmarking and performance evaluation strategy.
Undergraduate Fellows Program
On April 19, 2018, the Accounting and Information Assurance Department (AIA) at the University of Maryland’s Robert H. Smith School of Business hosted its annual Accounting Teaching Scholars (ATS) reception and dinner. The event honored the current class of ATS fellows, welcomed the newly selected students into the program, celebrated ATS alumni and offered appreciation for the program’s corporate partners. It was hosted by the AIA department chair Martin Loeb and the faculty champions of the ATS program, Progyan Basu and Gary Bulmash.
Facing real-world corporate challenges, working on a team to find solutions and presenting the findings within a few days to knowledgeable and invested professionals is a tough way to earn a grade – and some money. But that is exactly what more than two dozen undergraduate finance majors did on April 6, 2018, when they participated in the Emerging CFOs Case Competition. Similar annual events are a big part of what provides the one-year Emerging CFOs Fellows Program with an experiential edge and connects students to experts in the field.
“You never know what you don't know because I never knew such an industry existed,” said Byron Cordon, a finance and mathematics double major after attending a presentation last week focusing on the equipment leasing and finance industry. The event was held on Feb. 13, 2018, and is one of many co-curricular offerings hosted by the University of Maryland's Robert H. Smith School of Business Finance Fellows program, which is designed to expand learning outside of the classroom.
For Senior Finance and Accounting double major student Jessica Martins, the Emerging CFOs program has been transformational. “The classes feel more personal and the professors have such a strong connection to the program, she said. She further stated that it was hard to pinpoint exactly what makes the program so special, but added the main reason was “this desire to help their students grow and excel in their professional futures.”
“Being able to join a Fellows program as a sophomore is a marked advantage. The Sophomore Finance Fellows program truly resembled the intersection of theoretical classroom knowledge and real-world business acumen. Following markets, engaging in case-based discussion and contributing to a collective knowledge forum among your peers are just some of the great experiences I’ve had in this program,” said Adam Hostetter, a junior finance major recalling with appreciation his sophomore year in the program.
The Robert H. Smith School of Business was one of the first business schools to adopt a supply chain management program as a major before the business school was even known as Smith. UMD has long been a pioneer in logistics and supply chain education and has expanded to include a specialized, engaging and robust Supply Chain Management (SCM) Fellows Program that provides undergraduate students a deeper dive into transportation, logistics, supply chain management, and emerging industry technology.
ARE YOU A JUNIOR FINANCE MAJOR AND WANT TO...
Deepen your financial analysis and modeling skills?
Make real-life investing decisions?
Manage $1 million dollars?
Complete valuation and equity analysis?
Develop trading strategies?
Network with alumni at companies such as JP Morgan, Goldman Sachs, Morgan Stanley, and more?
In the Jan. 1, 2018, issue of Fortune magazine, the article entitled "Business By Design" begins with, "Technology and globalization are leading to more and faster disruption than ever. To stay ahead, smart companies are turning to design to better connect with customers and fine-tune their competitive advantage." The article continues by featuring 25 companies from a range of industries that are getting design “right.” Companies such as Airbnb, Amazon, Apple, IBM, Starbucks, and Google, just to name a few.
What’s the appeal of being accepted into one of the most competitive programs at the Robert H. Smith School of Business? Why do rising upperclassmen strive to earn above 3.5 cumulative GPA just be considered?