New & Noteworthy

Student Organization Combines Fun and Finance

February 27, 2014

 

“Finance pertains to so many aspects of your life. Everybody is making money and trying to see how far they can stretch their money, so it is really interesting to learn the best ways to do that,” said Jaclyn Meunier, a junior in the Finance program and member of the Financial Management Association (FMA).

The FMA seeks to increase its membership while also providing opportunities for members to network and learn more about the finance industry. President Ethan Watkins, a senior in the Business Management program, is working to keep this mission alive and to expand it along with the organization.

“Last year there wasn’t a whole lot of participation, but this year I was hoping that we could really get something going,” said Watkins. “We get to mold it into something new.”

Under Watkins’ leadership, the organization has sent out emails to inform students of available services and to spread the word that you don’t have to be a Finance student to join. FMA is also working on fliers and collaborating with professors to offer extra credit for participating in the organization.

The FMA is also appealing to new and current members with some fun and educational activities. Their main trip is to the Chicago Stock Exchange, the Chicago Mercantile Exchange, the Chicago Board of Trade, and the Federal Reserve. FMA also brings in guest speakers who provide real world experience from investing, banking, real estate/mortgage, and corporate finance. They also participate in a mock stock-trading contest in which they compete against each other using the Wall Street Survivor.

Along with those activities, the FMA plans fundraisers, community service, and leadership programs to raise awareness about the organization at Ferris and its community. All members are encouraged to join the National Financial Management Association for national benefits like scholarships, job recruiting, career fairs, and national conventions.

Find more information about FMA at the chapter’s website.

Program:

Finance