EMBA Students Go to Wall Street for Discussions with Key Decision Makers

Posted: October 14, 2009 at 1:03 am, Last Updated: October 13, 2009 at 4:10 pm

By Jennifer Edgerly

As many Americans search for relief in an uncertain financial market, Mason Executive MBA (EMBA) students are heading straight to Wall Street for an inside perspective on the current economic crisis.

A hallmark of Mason’s School of Management (SOM) EMBA program, required global residencies in Asia, the United Kingdom and New York provide an important experiential learning opportunity.

“At a time when our business interactions are becoming increasingly global, it is imperative that universities extend learning beyond the classroom to the global stage by integrating these types of residencies,” says Jorge Haddock, dean of SOM.

“The importance of understanding how the U.S. economy affects the rest of the world is all too evident from this most recent global financial crisis. It’s our duty as educators to prepare these students and their companies to effectively weather this storm and learn to lead in the new economy.”

The New York City residency, going on this week, presents an opportunity for students to gain a comprehensive understanding of the intersection of financial markets and regulation. Students will spend time in the heart of Wall Street, meeting such influential decision makers as

  • Charlie Gasparino, on-air editor, CNBC
  • Glenn Eckert, (BS Finance ’89) senior vice president, Moody’s Investors Services
  • John Succo, co-founder and partner, Vicis Capital
  • Michael Lipper, president, Lipper Advisory Services
  • Mickey Levy, chief economist, Bank of America

Other meetings and site visits will take place at, or with officials from, the New York Stock Exchange, U.S. Securities and Exchange Commission and Federal Reserve Bank of New York. EMBA students will experience firsthand the inner workings of financial institutions and regulatory agencies. Also on the agenda is a trip to the NASDAQ opening ceremony, where they will witness an IPO (initial public stock offering) launch.

“The New York residency is the culmination of the financial markets course and focuses on contemporary economic developments,” says Karen Hallows, SOM’s EMBA academic director.

“Our time on Wall Street has always focused on recent events in the financial world. This year we will examine the financial crisis with new eyes and study the various proposals for ensuring it does not happen again.”

For their first global residency, these students spent 10 days in May in Bangkok and Ho Chi Minh City, Vietnam, studying global markets, competition, business strategy and international business opportunities from the Asian perspective.

In March 2010, they will participate in a one-week residency at Oxford University’s Mansfield College examining financial practices in the European Union and exploring regulation as well as the diversity of European cultures and approaches to doing business.

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