The Cameron Collegian -February 11, 2019

Page 1

Collegian T he Cameron University

Stocks www.aggiecentral.com

Monday, February 11, 2019

&

Volume 100 Issue 3

Madison Lyda Managing Editor

} s d n o {B

so n yM a di cs b phi G ra

Every Fall semester, the Cameron University Department of Business opens up a year-long portfolio program to students. The program manages a $2 million portfolio containing real money that is used to practice financial analysis and join collaborative voices. In 1988, the Stocks and Bonds program originated at Cameron to be a vessel of knowledge to further student understanding in the world of stocks and bonds. Cameron University and Citizens Bank collaborated to agree on an original loan of $500,000 cash for the class. Utilized as seed money, students used the funds to begin developing and managing a real life portfolio to sell, buy and wager stocks and bonds. Howard Styron, an adjunct professor and a licenced stockbroker and financial planner is currently teaching his second semester. “The main lessons the students learn are the language, how the financial market works and how a bond works,” Styron said. “They learn how all of that plays not only in their financial portfolio, but their career portfolio.” In 2001, the university paid off the loan, and the portfolio transitioned to Bank First who loaned the class $1 million. Since converting to Bank First, the program uses a line of credit up to $1 million to help manage and purchase the securities on the loan. Currently, the portfolio program is broken up into two semesters, the Fall semester which manages a stock portfolio of $500,000 and the Spring semester which manages an additional portfolio of over $1.5 million. The students in the program continue to use real money provided by the local bank and compete in rigorous stock market analysis’ and studies. The program also incorporates graduate students who are given additional projects and requirements but work closely with the undergraduate students in a collaborative effort. Styron said that the program at Cameron University plays a unique role in the lives of the students who participate and

Lyd a

@maddilinee

the university itself. “This is a very unique program,” Styron said. “Programs around the country do something similar, but I think the fact that this is a partnership between the university and a local bank and deals with real money is very unique.” The program has been so successful in its practices, the balance of the $1 million loan has a remaining standing of $600,000 and the class has earned over $900,000 in trades, buying and selling bonds. The drive of the portfolio has not gone unnoticed, and the money the class earns through the portfolio practice does not go unused. Senior Business Finance major and Class Administrator of Stocks Ryan Christie said the

that we can put that money towards things when Cameron profits,” Christie said. “We have been profiting for years, and that money earned goes to scholarships, trips, endowments or any events the business department wants to put it through. These factors add to the drive of all of us.”

yronnds class t S d ar d Bo How e Stocks an

s Proffe

or of

th

university and its students receive the money from the portfolio in many different forms. “It’s really about the opportunity; we obviously try hard to make money so

What’s inside

All the money from the loan is organized into two separate stock brokerage accounts held by the Cameron University Foundation and is a part of a formal agreement between the university and Bank

“The class beats the index in which they are measured against,” Styron said. At the end of every semester, the students First. present their portfolio at Once every the Department of Business three months, the banquet where they share university pays the and disclose information the process interest on the loan and on various successful and and having so occasionally the class pays unsuccessful bonds. They many resources down on the principle of the also share the earnings they makes it easier. loan adding, to the student met through their practices “It’s a little risky; it’s a effort to make effective and how successful the little scary sometimes, but decisions to bring revenue entire program has been for we’re very collaborative, so up. them. the whole class is at fault if Styron said his favorite In addition, the students we lose any money,” Christie take a field trip to Oklahoma aspect of the class is the said. “We do have a line of way it affects students and City where the students get credit with the bank too, prepares them for their to see a brokerage house, though, so we always have futures. trust department and “What’s incredible to me something to fall back on. bank and an investment It’s a learning experience.” is that when they’re sitting management company. Part of the students’ around the news one day, The students are shown curricula each semester is they can understand those what is done on a daily basis to go through their options, in each role and gain valuable numbers or the language of the stock market in general. do research on favorable information on career paths. bonds they believe will be It makes sense to them and “This is square one for successful and present a solid a business major,” Styron means something when to case of their studies in front said. “This is how they most, it wont.” of their fellow classmates. As the cash goes out to decide what they want to do After the pitch, the pay for the bonds purchased or if they want to continue class will debate the by the students, money this major, this class sets earned from either the bonds recommended bond and them up for success and a that have matured or gained vote on whether they should broad career in the financial interest goes back into their proceed with it. services business as financial Styron said the program analysts, stock brokers and designated accounts. offers not only credit hours, financial planners. There’s Christie shares that the but also a competitive and experience can sometimes a whole career field out rigorous study that rewards there available to them after be intimidating, but having the students through their a positive group of students this class if they choose to hard work. to surround each other in take it.”

Dropping that Tea-mix

Snacks and Chats: LGBTQ+

Page 2

Page 3

Truth Seekers: Journalism Page 4


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.