The AIM Program, FMA Club, and Finance in NY Program will be attending O-Fest on Wednesday, 8/29

Marquette Finance Majors Should Plan on Attending O-Fest on Wednesday, August 29th

On Wednesday, August 29th, the AIM Program, FMA Club, and Finance in NY Program will be manning tables at the annual Organization Fest (O-Fest) held on Marquette University's Central Mall.

Below you can read more about the Financial Management Association Club - the the Investment Club.

Organization Fest and Community Service Fair

Wednesday August 29, 2018 | 4–7 p.m. | Central Mall

O-Fest offers students the opportunity to explore Marquette’s student organizations by talking to organization representatives and signing up for organizations of interest. In addition, there will be a number of university offices and departments present to share information about various programs and services available to students at the university. 

Financial Management Association (FMA)

The Financial Management Associaton (FMA) brings in speakers and professionals to discuss the topics of the day and to showcase ethically oriented decision-makers in the overall finance industry. The FMA also assists the Department of Finance’s The Ins and Outs of Wall Street, a full day seminar that helps students prepare for the Wall Street type interviews in the highly competitive world of finance.

Marquette Investment Club

Marquette University Student Investment Club seeks to further its members' knowledge of investment methods and strategies specializing in ETF (Exchange Traded Fund).  The board and members engage in intellectual discussion, presentations, guest speakers, and applied portfolio management.  Investment Club manages a portfolio with an estimated net worth of $25,000.00 made up of about 20 ETF positions targeting different sectors of markets.

The Finance in NY Program Offered by Marquette University is Gearing Up for 2019

Plans for the 2019 Finance in New York Program Are Underway

Marquette’s Finance in New York Program is an exciting new applied-learning opportunity for qualified junior and senior accounting, economics, and finance majors to experience working, learning and living in the world’s financial capital. 

Previously, we discussed theopportunity six Marquette students had this summer to live, work and enjoy avariety of alumni networking events.  The students were also immersed in the cultural riches of New York City, taking the Arts in a Democratic Society offering taught by Dr. Curtis Carter.

Jeffrey Germanotta, Director
of the Finance in NY Program

Jeffrey Germanotta, Director of Marquette’s Finance in New York Program, stated that “our alumni have been fantastic in supporting the new NY finance program.   We once again plan to offer the program in the summer of 2019, based on rising student and employer interest. “

The program enables students to be engaged in full-time internships, have the opportunity to participate in alumni networking and social events, and  experience the cultural riches of New York City by taking a special cultural course Society taught by Dr. Curtis Carter.  

Dr. David Krause,AIM program director, commented “Marquette’s alumni have always been fantastic advocates for the AIM program and our students — I am not surprised that Mr. Germanotta has received tremendous support. The alumni base has always been there when we have needed them --- thank you!”

Germanotta continued, “We’re also introducing a spring 2019 New York program enabling students to be engaged in part-time internships, continue there full-time studies and participate in alumni networking and social activities. If your firm has a spring internship program or you have a project you could use a student to help with, let us know.”

Please contact Jeff Germanotta [jeffrey.germanotta@marquette.edu], the program director or Karen Rinehart [karen.reinehart@marqueete.edu] at the Business Career Services Center. 

There will be informal sessions about the program delivered during the first week of the fall semester. Mr. Germanotta will be discussing the program with the newest AIM class, as well as visiting other Marquette finance classrooms.

Back to School – Marquette’s Applied Investment Management (AIM) Program Welcomes the Class of 2020

Staring Monday you're in the AIM Program, but what is applied learning?

The AIM Program at Marquette University began in 2005. Since then over 400 undergraduate students have participated in the program. Our alumni can be found in leading asset managers and investment banks throughout the country - and the world.

As the first undergraduate program partner with the CFA Institute, we take pride in our students' successful placements and high CFA exam pass rates. In 2014 we added our second track: Private Equity & Investment Banking.  We now offer students an opportunity to participate in the Finance in New York Program.    

                   

The AIM program is a leader in applied and experiential learning, but what exactly is applied learning?

An AIM pitch in Chicago

Applied learning refers to an educational approach whereby students learn by engaging in direct application of skills, theories and models. In Marquette’s AIM program, students apply knowledge and skills gained from traditional classroom learning to hands-on and real-world settings, creative projects and independent directed research. For instance, the opportunity to manage over $3 million of the University’s endowment fund is the best example of the type of applied learning found within the AIM program!

Visit to the New York Stock Exchange

In other words, in the AIM program we apply what is gained from our academic learning within the classroom (theories, concepts and practices) and apply it with real experiences (i.e. investment management of endowment funds, outside speakers, New York and Chicago field trips and internships).  

Some of the applied learning activity in the AIM program occurs outside of the traditional classroom or in our case – within the AIM Research Room. However, where the rubber really meets the road is during the Friday afternoon AIM equity pitches when studentsare required to make a formal presentation and defend their recommendation during rigorous Q&A.

Internships are an important element of the AIM applied learningexperience. During the summer between junior and senior year (or during the school year), students earn academic credit in an agreed-upon, supervised workplace activity, which is directly related to the AIM student’s area of interest. The work can be full or part time and either on or off campus. Internships are valuable in that they integrate classroom knowledge and theory with practical application and skills developed in professional setting.

Dr. Krause addressing
 the Rotary Club of Milwaukee

OurAIM program  faculty consists of highly qualified academic experts and experienced professionals. Dr. David Krause is the AIM program's inaugural director and he is joined by a strong supporting cast of adjunct instructors (including Bill Walker, Jeff Germanotta and Chris Merker - along with AIM Coordinator Jessica Hoerres).

We look forward to welcoming the Class of 2020 as they begin their applied learning experience at Marquette University within the AIM program.   Ring out ahoya!

Positive Feedback on the New Marquette "Finance in New York Program"

Summer 2018 Report: A Strong Start to Marquette's "Finance in NY Program"

Dr. Curtis Carter,
Marquette Philosophy Professor

As previously reported, Marquette's new Finance in New York Program completed its first summer.  Six students had the opportunity to live, work and enjoy a variety of Marquette alumni networking events this summer.  These finance students were also immersed in the cultural riches of New York City, taking the Arts in a Democratic Society offering taught by Dr. Curtis Carter.

  

Program director, Jeff Germanotta, reported that the student feedback from this summer’s New York interns was extremely positive. "We offer our sincere appreciation to the many Marquette alumni and their employers who helped start Marquette’s Finance in New York Program in 2018. Dr. Carter was outstanding - his course allowed students to focus on the role of the arts in building a well informed society. I now understand why Marquette students in the Les Aspin Center in Washington DC rave about Dr. Carter's course," he stated.  

Here is some of the student feedback:

“I really enjoyed being with other Marquette students, especially with the housing ….. made my summer more enjoyable….”

“Professor Carter's course was amazing - it was truly one of the highlights of the summer program."

"Everyone I worked next to was interested in the success of others …. everyone was willing to help me learn.”

“I loved the alumni events.”

“…. the best part was the exposure to various aspects of accounting and finance …. and the opportunity to work on a wide range of projects with employees in offices across the US and abroad.”

"The cultural experiences provided to us by Dr. Carter were outstanding. I never would have been able to explore the arts in NYC on my own."

“My experience with my employer was outstanding.  Everyone was extremely kind, patient and knowledgeable.”

Marquette’s Finance in New York Program provides juniors and seniors in accounting, economics and finance with the opportunity to live, work, learn and enjoy the numerous cultural venues within the world’s financial capi

Dr. David Krause, director of Applied Investment Management at Marquette stated, "The NY program is an exciting addition to the COBA’s applied learning offering - which includes the AIM program - and we look forward to growing the program in the future."

For additional information check out the web site: http://marquette.edu/business/finance/new-york.php

View previous posts on the Finance in NY Program.

Marquette's Finance in New York Program (Summer 2018 Update)

Successful Beginning to Marquette's Finance in New York Program

Jeff Germanotta (Director of the Finance in NY Program and adjunct instructor in the Applied Investment Management program at Marquette) reported on the program. "I’m very pleased to share the news that Marquette's Finance in New York Program completed its first summer, with six students living, working and enjoying a variety of Marquette alumni networking events."

Marquette’s Finance in New York Program is an exciting new applied-learning opportunity for qualified junior and senior accounting, economics, and finance majors to experience working, learning and living in the world’s financial capital.    

Mr. Jeff Germanotta,
Finance in NY Program

For additional information visit: http://marquette.edu/business/finance/new-york.

Mr. Germanotta continued, "Students were also immersed in the cultural riches of New York City, taking the Arts in a Democratic Society class taught by Dr. Curtis Carter.  This inaugural group consisted of two rising juniors and four rising seniors, working at Balyasny, Barclay’s, RBC, Rialto, and SS&C.  The internships resulted in multiple offers for full-time employment upon graduation next spring, as well as return internship opportunities next summer.  My sincere appreciation to the alumni and employers who made this inaugural summer a success.”

There will be informal sessions about the program delivered during the first week of the fall semester. Mr. Germanotta will be discussing the program with the newest AIM class, as well as visiting other Marquette finance classrooms.

Read about the positive feedback from students participating in the 2018 Finance in New York program.

View previous posts on the Finance in NY Program.

The Fall Semester at Marquette Starts on Monday

Marquette's Fall Semester Begins on Monday, September 27th

The 16th Applied Investment Management (AIM) class at Marquette will convene next Monday. The Class of 2020 contains 28 juniors. Here's the breakdown of the class by declared major:

• 5 Finance
• 8 Finance and Accounting
• 5 Finance and Economics
• 4 Finance and Information Technology
• 3 Finance and Real Estate
• 2 Finance and Entrepreneurship
• 1 Finance and Military Science

The students will be enrolled in Dr. Krause's FINA 4310 (the first course in the AIM program). Mr. Bill Walker will again be an adjunct instructor supporting the students in the course as they learn how to conduct bottom-up fundamental security analysis.

27 AIM seniors are enrolled  Here's the breakdown of the Class of 2019 by declared major:

• 9 Finance
• 5 Finance and Accounting
• 5 Finance and Economics
• 4 Finance and Information Technology
• 1 Finance and Real Estate
• 2 Finance and Entrepreneurship
• 1 Finance and Marketing

Marquette College of Business Biz Magazine Highlights AIM Program

The AIM Program was very active during the 2017-2018 School Year

If you haven't received a copy of the newest Marquette University Biz magazine, here is a link to the e-version of the magazine.  You can read about all of the major activities of the College during the most recent semester.

(This is also linked on the bottom of the College of Business Administration homepage).

1. Check out the article about David Martin's success in leading the AIM students and Dr. Krause to Omaha to meet Warren Buffett (twice). An amazing opportunity for over 40 AIM students.

An article is included about the efforts of the College (including Dr. Krause and the AIM students) to advance knowledge about blockchain. In November 2017, Dr. Krause moderated the first Marquette Blockchain Forum.

Finally, an article is included in the Biz magazine about the College's co-teaching opportunities. During the past school year, Dr. Krause included three co-teachers (Bill Walker, Kelly O'Reilly and Michael Adams) into the AIM classroom.

https://issuu.com/marquetteu/docs/2018_biz_mag

The Outstanding Performance of the Marquette AIM Small Cap Fund Continues (as of 6/30/2018 the fund was in the top 1% of active small cap blend funds)

The Marquette University AIM Small Cap Fund Continues to Post Excellent Returns Versus the Benchmark and the Peer Group

The students in the AIM Class of 2019 are continuing the strong performance of the AIM Small Cap Fund posting a return of 10.95% for the second quarter of 2018 versus 7.75% for the Russell 2000 Index (benchmark). The median return of the 250 small cap mutual funds defined as small cap blend by Morningstar produced a Q2 return of 6.50%. The performance placed the fund in the top 4% of its peer group for the quarter.

For the past year (ending 6/30/2018) the AIM Small Cap Fund is in the top 1% of its peer group with a return of 26.04% versus 17.57% for the Russell 2000 - the peer group had a median return over the one-year period of 14.95%.

Marquette AIM Small Cap Fund (Russell 2000 Benchmark)
Holdings as of 6/30/2018 by GICS Sector
Ticker		Port. Ending Quantity Held	Port. Ending Market Value
	Total		1,888,417.34
	Health Care		385,477.40
AXGN	AxoGen, Inc.	1,000.00	50,250.00
EXAS	Exact Sciences Corporation	800.00	47,832.00
INGN	Inogen, Inc.	230.00	42,855.90
HRTX	Heron Therapeutics Inc	1,100.00	42,735.00
TCMD	Tactile Systems Technology, Inc.	800.00	41,600.00
NTRA	Natera, Inc.	2,100.00	39,522.00
EDIT	Editas Medicine, Inc.	800.00	28,664.00
CRY	CryoLife, Inc.	1,000.00	27,850.00
AMN	AMN Healthcare Services, Inc.	420.00	24,612.00
EGRX	Eagle Pharmaceuticals, Inc.	275.00	20,806.50
RDNT	RadNet, Inc.	1,250.00	18,750.00
	Financials		358,521.25
BOFI	BofI Holding, Inc	1,300.00	53,183.00
TREE	LendingTree, Inc.	200.00	42,760.00
ENV	Envestnet, Inc.	750.00	41,212.50
WTFC	Wintrust Financial Corporation	400.00	34,820.00
OZRK	Bank of The Ozarks	650.00	29,276.00
HBNC	Horizon Bancorp, Inc.	1,350.00	27,931.50
UVE	Universal Insurance Holdings, Inc.	600.00	21,060.00
COLB	Columbia Banking System, Inc.	500.00	20,450.00
FCFS	FirstCash, Inc.	225.00	20,216.25
HASI	Hannon Armstrong Sustainable Infrastructure Capital, Inc.	1,000.00	19,750.00
NXRT	NexPoint Residential Trust Inc	650.00	18,492.50
GDOT	Green Dot Corporation Class A	250.00	18,347.50
NCBS	Nicolet Bankshares, Inc.	200.00	11,022.00
	Information Technology		329,337.70
NEWR	New Relic, Inc.	550.00	55,324.50
STMP	Stamps.com Inc.	180.00	45,549.00
BL	BlackLine, Inc.	950.00	41,258.50
CAMP	CalAmp Corp.	1,500.00	35,145.00
SNX	SYNNEX Corporation	250.00	24,127.50
PAYC	Paycom Software, Inc.	240.00	23,719.20
MEI	Methode Electronics, Inc.	500.00	20,150.00
FICO	Fair Isaac Corporation	100.00	19,332.00
NOVT	Novanta Inc	300.00	18,690.00
ICHR	Ichor Holdings, Ltd.	600.00	12,732.00
VSM	Versum Materials, Inc.	300.00	11,145.00
VRNT	Verint Systems Inc.	250.00	11,087.50
AXE	Anixter International Inc.	175.00	11,077.50
	Consumer Discretionary		265,473.00
WWE	World Wrestling Entertainment, Inc. Class A	600.00	43,692.00
MBUU	Malibu Boats Inc Class A	800.00	33,552.00
PLNT	Planet Fitness, Inc. Class A	750.00	32,955.00
OLLI	Ollie's Bargain Outlet Holdings Inc	400.00	29,000.00
JOUT	Johnson Outdoors Inc. Class A	300.00	25,359.00
IRBT	iRobot Corporation	280.00	21,215.60
BOOT	Boot Barn Holdings, Inc.	1,000.00	20,750.00
SGC	Superior Group of Companies, Inc.	1,000.00	20,710.00
OXM	Oxford Industries, Inc.	190.00	15,766.20
CSV	Carriage Services Inc.	470.00	11,538.50
CBRL	Cracker Barrel Old Country Store, Inc.	70.00	10,934.70
	Industrials		237,736.96
FIX	Comfort Systems USA, Inc.	780.00	35,724.00
SSTI	ShotSpotter, Inc.	800.00	30,344.00
KMT	Kennametal Inc.	700.00	25,130.00
FELE	Franklin Electric Co., Inc.	500.00	22,550.00
BECN	Beacon Roofing Supply, Inc.	500.00	21,310.00
SXI	Standex International Corporation	200.00	20,440.00
KMG	KMG Chemicals, Inc.	250.00	18,445.00
ASTE	Astec Industries, Inc.	300.00	17,940.00
HCKT	Hackett Group, Inc.	800.00	12,856.00
AIN	Albany International Corp. Class A	180.00	10,827.00
PATK	Patrick Industries, Inc.	180.00	10,233.00
NNBR	NN, Inc.	450.00	8,505.00
ATROB	Astronics Corporation Class B	96.00	3,432.96
	Materials		60,725.00
LNDC	Landec Corporation	1,200.00	17,880.00
SXT	Sensient Technologies Corporation	220.00	15,741.00
TROX	Tronox Ltd. Class A	700.00	13,776.00
IPHS	Innophos Holdings, Inc.	280.00	13,328.00
	Real Estate		52,580.50
ADC	Agree Realty Corporation	650.00	34,300.50
ARI	Apollo Commercial Real Estate Finance, Inc.	1,000.00	18,280.00
IWM	iShares Russell 2000 ETF	320.00	52,406.40
	Consumer Staples		42,570.00
JBSS	John B. Sanfilippo & Son, Inc.	300.00	22,335.00
CENTA	Central Garden & Pet Company Class A	500.00	20,235.00
	Telecommunication Services		38,817.00
GTT	GTT Communications, Inc.	600.00	27,000.00
SHEN	Shenandoah Telecommunications Company	200.00	6,540.00
ATNI	ATN International, Inc.	100.00	5,277.00
	Energy		34,961.50
SOI	Solaris Oilfield Infrastructure, Inc. Class A	1,000.00	14,290.00
SLCA	U.S. Silica Holdings, Inc.	350.00	8,991.50
REI	Ring Energy, Inc.	500.00	6,310.00
CPE	Callon Petroleum Company	500.00	5,370.00
	Utilities		25,104.50
CWT	California Water Service Group	350.00	13,632.50
MDU	MDU Resources Group, Inc.	400.00	11,472.00
	Cash
09658L794	BMO GOVERNMENT MONEY MARKET PREMIER	4,706.13	4,706.13