Dean Till joined Dr. Krause and Jeff Germanotta – along with
26 Marquette finance students – for the 13th NYC trip!
Fall 2016 NYC Trip Members (at 30 Rockefeller Center) |
Dr. Krause said, “The students and I appreciated having Dean Till and Mr. Germanotta 'embedded' with the troops during our NYC experience. They traveled with us to all stops – grabbing pizza on the go, riding the subway and fighting through the crowds during rainy weather. I know the students appreciated their involvement.”
Marquette students in Times Square |
Everyone stayed in the heart of Times Square at the Novotel
Hotel and enjoyed the close proximity to major New York attractions. “While we
were busy almost the entire time with visits to major investment banks and
asset management firms, we still found time to view Central Park, Rockefeller Center, Grand Central
Station, 5th Avenue, and other landmarks,” Krause added.
The visits on Wednesday afternoon included stops at Morgan Stanley and
Bank of America Merrill Lynch. “We had another good visit with Steven Holtkamp,
Berent Kowarick and Brendan Mahon of Morgan Stanley’s Private Wealth Management
group. We also had an opportunity to hear from their campus recruiter about
internship opportunities. It was a good first visit and allowed the students an
opportunity to hear from three alumni close in age to them,” Krause commented.
Manhattan - the center of the financial universe |
Dr. Krause said, “Our alumni at BoA/ML put together a fantastic visit. Besides the presentations of two very senior executives, the case study was a great idea. I know that John Barrett and Jeff Germanotta had conversations about this prior to the visit – and it paid dividends. This was a great way to connect the different functional areas within the bank.”
While Dean Till, Dr. Krause and Mr. Germanotta were
attending a dinner on Wednesday evening with 15 Marquette alumni, the students had
an opportunity to relax and explore the restaurants in nearby Hell’s Kitchen.
Given that many had been up since 3:00 am – there were probably a decent number of
students that turned in early.
Marquette students at 30 Rock in Manhattan |
Marquette has many prominent Marquette alumni with Citi including Dan Williams, Robert Leonard, Ann Eberle Thomas, Adam Bordner, Ryan Bailey, Kevin Lane, Colin Canfield and Clermond Jean. Nearly every year since 2005, the Marquette students have been hosted by Citi during the fall visit and this year’s group had a chance to learn about the inner workings of Citi Private Bank.
The 2016 Marquette NYC Experience |
Times Square view from the Novotel Hotel |
The group then headed further down Park Avenue to visit FactSet Research Systems. The AIM program is a subscriber to FactSet and Greg Romais and other personnel provided an overview of the FactSet platform. The students had an opportunity to view a demonstration of the newest features of the firm’s financial software and data services.
The final site visit of the day was at the Americas’
headquarters of Societe Generale. Guido
van Hauwermeiren was the host and he was
joined by Dan Alon, an AIM alumnus, and other key members of the capital
markets and investment banking teams. The students also were treated to a visit of Soc Gen's trading floor.
Dean Till waits for our subway to lower Manhattan |
Dr Krause said, “We were pleased to be the guests of Guido van Hauwermeiren and Societe Generale. It was a wonderful evening of Marquette fellowship and celebration. We are fortunate to have the support of many great friends and alumni – it was a fantastic networking event for the students and young alumni.”
On Friday morning the students and Dr. Krause started the day at
Balyasny Asset Management (a major hedge fund), located at the corner of 5th Avenue and 59 Street –
a famous location in the heart of Manhattan. Scott Schroeder is a current
Marquette trustee and a co-founder of BAM – and along with Jack Sullivan, an
analyst and AIM alumnus – organized the event.
Jack Sullivan explained his role and responsibilities as a consumer goods analyst and then proceeded to bring in numerous speakers to talk about the different functions within the hedge fund, including portfolio management, risk management, business development, and data analytics. Dr. Krause said, “Many of the students indicated to me after the visit to Balyasny that this was one of the major highlights of the trip. The firm’s culture is very unique – with an enormous amount of collegiality and cooperation. You could see that people at BAM genuinely enjoy working there and function well as a team.”
Jack Sullivan explained his role and responsibilities as a consumer goods analyst and then proceeded to bring in numerous speakers to talk about the different functions within the hedge fund, including portfolio management, risk management, business development, and data analytics. Dr. Krause said, “Many of the students indicated to me after the visit to Balyasny that this was one of the major highlights of the trip. The firm’s culture is very unique – with an enormous amount of collegiality and cooperation. You could see that people at BAM genuinely enjoy working there and function well as a team.”
Unfortunately the skies of New York opened up at that point
and the students had to sprint to nearby Bloomberg. Breaking into small groups,
the students were taken on a tour of the global media and financial services
giant. The AIM program is a Bloomberg subscriber
and Cody Clarkson served as the host demonstrating the newest features and
functions of the information system.
The students had a special treat as they had an opportunity to interact with Tom Keene, Editor of Bloomberg News. The Marquette students then had the opportunity to travel
to one of the top floors of the famous NYC skyscraper and view Central Park –
which was spectacular even during the rainstorm.
Bloomberg's Tom Keene |
Dean Till embedded with the Marquette students in NYC subway system |
Dr. Krause and a group of students attempted to brave the weather and view various lower Manhattan landmarks (i.e. Battery Park, Statue of Liberty, Ellis Island and the World Trade Center memorial); however, they eventually sought shelter at the food court in the RBC building. The alumni hosts at RBC included Jason Spacek, Leslie Vowell, Michael O’Carroll, and Colleen Osborne. This meeting again afforded the students an opportunity to learn more about different functions areas of a major investment bank.
After this visit the students returned via subway to the
Novotel Times Square where they enjoyed their free time. While most hit the
town during the rest of the evening, they were in the lobby early on Saturday morning and on their way
to LaGuardia Airport and back to Milwaukee by early afternoon.
New York skyline at sunset |
"We are all extremely thankful for this special opportunity to visit NYC. Our alumni are fantastic – they go out of their way to open up their firms and allow our students to experience the workplace and corporate culture - it is an amazing opportunity for our students. I know for some that this visit is a career altering event," Dr. Krause said.