K-State Finance Scholars Annual Report 2021-2022

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FINANCE SCHOLARS

KANSAS STATE UNIVERSITY 2021-2022 Annual Report
Note from the Director Company Trips and Travel Workshops & Meetings Technical Trainings Competitions Program Overview Program Outcomes Special Thanks Meet the Finance Scholars Get Involved 2 3 5 6 7 8 9 10 11 15 College of Business 2022 Commencement Speaker and Finance Scholar, Abby Quigley Table of Contents

the Director

The Gates Capital Management Center for Financial Analysis hosts the K-State Finance Scholars Program that prepares students for careers in investment banking, asset management, private equity, and management consulting. This past academic year, 2021-22, was an exciting year for both level of activities and student outcomes. As the world reopened from COVID lockdowns, we shifted to in-person workshops and alumni meetings and traveled to five cities to make connections. Several Finance Scholars took individual trips to network with professionals in our target sectors.

We have started seeing great results as job and internship placements have been outstanding this year. Ten of eleven students who graduated this year went to work in our target sectors. Almost all juniors and sophomores have internships this summer. Two years ago, we made a conscious effort to target sophomores and freshmen and that decision has started to pay dividends.

Thanks to the support from alumni and friends, Finance Scholars receive many benefits. In addition to networking and career development opportunities, students receive base and bonus scholarships that depend on their level of involvement and activity. By leveraging our alumni network, faculty expertise, and industry focused training products, Scholars improve their technical and finance skills. We thank all who visited with our students, held workshops for them, and opened their offices for visits in a challenging COVID environment. We are also appreciative of alumni who continue to financially support our program.

Moving forward, we plan to make deeper and broader connections with our alumni. We invite all to get involved with the K-State Finance Scholars Program. We would love the opportunity to host you for meetings and workshops and visit your offices to learn about the world of finance. We look forward to the next year as we have some exciting developments including a dedicated space for Gates Capital Management Center for Financial Analysis which will be used to support the Finance Scholars.

Dr. Sabuhi Sardarli

A Note from
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Go Cats!

DALLAS

g Goldman Sachs Ayco

g Neuberger Berman

g Trinity Hunt Partners

g American Airlines

g Wingstop Restaurants

g Aimbridge Hospitality

g Dallas Cowboys

Fall Trips

Scholars are offered opportunities to attend networking trips. As travel restrictions lifted, we traveled to five different cities throughout the year.

In the fall, Finance Scholars visited Dallas and were able to learn about finance careers. Late in the semester, we took a trip to Minneapolis to connect with alumni in investment banking and asset management.

“The Finance Scholars program continues to provide tremendous learning opportunities that are not available to the typical student. It is amazing to have a group of not only competent but compassionate peers to work and grow with. I can’t express the gratitude I have for the opportunities this program continues to present me with!”

Will Bannister, Sophomore

Individual Trips

Finance Scholars also took many individual trips to network in several cities this year including Denver, Dallas, and New York. These trips are supported by the program.

MINNEAPOLIS

g Lazard Middle Market Investment Banking

g Whitebox Advisors

g Ameriprise Financial

g Riverbridge Partners

3 COMPANY TRIPS & TRAVEL

Spring Trips

Scholars traveled to New York to focus on firms in asset management and investment banking. We also connected with K-Staters at an alumni dinner organized by program supporter Jeff Gates.

Finance Scholars traveled to Boston to learn more about private equity and asset management. Paul Edgerley, K-State alumnus and program supporter, helped us set up visits with many great firms.

Conferences

NEW YORK CITY

g Gates Capital Management

g JP Morgan

g Stone Harbor

g Prime Finance

g Huron

g Columbia Threadneedle

Cognitive Capital Group

Neuberger Berman

CHICAGO

A group of Finance Scholars attended a conference hosted by the University of Chicago Booth Private Equity Group in March. Primarily intended for University of Chicago MBA students, the conference brings students together with private equity and mergers and acquisitions professionals.

“This was an amazing opportunity that allowed me to further my knowledge regarding Private Equity, as well as connect with others in that industry!”

Reese Kuzniakowski, Freshman

BOSTON

g Bain Capital

Double Impact North American Private Equity Ventures Real Estate Life Sciences

g Goldman Sachs

g Adage Capital Management g Putnam Investments g Bank of America g Bain & Co. g New Profit

g Harvard Business School

g
g
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WORKSHOPS & MEETINGS

At 7:30am on Fridays, Finance Scholars meet and hold workshops featuring alumni, faculty, and industry professionals.

Select 2021-2022 Workshops Select 2021-2022 Meetings Select 2020-2021 Meetings

g Jeff Gates, Gates Capital Management - Security Analysis

g Rob Schneider, Prairie Capital Management - Wealth Management

g Philip Scheuerman, Great Range Capital - IB/PE Careers

g Stephanie Siders, CC Capital Advisors - Middle Market Sell Side

g Aaron Beam, HealthSouthBusiness Ethics

g Taylor Werner, Commerce BankPortfolio Management

g Rebecca Dingus & Max DolinskyPersonal Branding and Early Career Success

g Dr. Brian Silverstein - Financial Analysis of Firms with Event Risk

g Dr. Tareque Nasser - Options and Derivatives Boot Camp

g Austin May, Vice President, Solomon Partners

g Terry Matlack, Managing Director, Co-Founder, VantEdge Partners

g Brad Brenneman, Founding Partner, Breck Partners

g David Hochberg, Senior Managing Director, Macquarie Group

g Steve Young, Managing Director, Charles Schwab

g Jacob Hemmer, Portfolio Manager, Rocky Mountain Advisors

g McCrary Lowe, Principal, Gibraltar Wealth Management

g Ronald Joelson, Chairman of Northwestern Mutual Investment Management Company & Brent Schutte, Chief Investment Strategist, Northwestern Mutual

g Finance Advisory Board Meet Up

g Justin Boisseau, Managing Partner, Gates Capital Management

g Darin Batchman, Portfolio Manager, Stone Harbor Investment Partners

g Steven Townsend, Director of Investments, FHL Bank Topeka

g Aaron Walter, Head of Research Management, Janus Henderson Investors

g Jim Duensing, CFO, Caterpillar Financial Services

g Paul Chai, Director of Investments, KSU Foundation

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Terry Matlack, Co-Founder and Managing Director, VantEdge Partners Rob Schneider, Managing Director, Prairie Capital Management Stephanie Siders, Managing Director, CC Capital Advisors Students participating in a case study workshop with Ted Berk at Harvard Business School in Boston

Training the Street

Scholars participated in internal meetings to discuss capital markets and economic developments. They also learned about personal branding. Seniors and juniors shared their successes in obtaining internships and jobs in IB/PE and management consulting with the younger students.

Training The Street, a New York based firm that trains finance professionals, conducted a workshop on technical interviews focused on valuation and modeling. INTERNAL TRAININGS Benjamin DeZube, Parker Dyro, Parker Larson, and Rollie Gomez share insight into how they acquired internships or jobs in IB/PE. Bryson Brown & Stacia Mendoza participate in a personal branding activity.
6 TECHNICAL TRAININGS

The Finance Scholars take part in several national and internal competitions during the school year. This year, Scholars participated in three national competitions and two internal competitions.

g CFA Research Challenge

g Southeastern Hedge Fund Competition

g CSBS Community Bank Case Study Competition

24 Hour Security Analysis Challenge

Program supporter and alumnus, Jeff Gates, hosted a Security Analysis Challenge for the Finance Scholars. Prior to his visit to campus, students were assigned a company and had 24 hours to analyze the company and make a call on trade recommendations. Mr. Gates followed up the challenge with a workshop based on the teams’ findings and suggestions.

Gates Capital Management Stock Pitch Challenge

COMPETITIONS
Students were invited to put their stock analysis skills to the test in this competition to win part of the $11,000 prize money. Finance Scholars swept the competition. Jeff Gates met with students three days later to discuss their final recommendations from the challenge. 1st Place Benjamin DeZube Parker Larson Parker Dyro (with Jeff Gates) 2nd Place Dylan Higgins Rollie Gomez Isaiah Washington 3rd Place Sydney Henry Abby Quigley Natalie Bien Mary Claire Bien 4th Place Jacob Wick Will Bannister Hannah Higgins Dr. Sardarli surprised the students at midnight with a birthday cake for Parker Larson’s 21st birthday.
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PROGRAM OVERVIEW g Dedicated academic advisor g Coursework: • Financial Modeling • Security & Portfolio Analysis • Mergers & Acquisitions • Advanced Portfolio Management • Intermediate Accounting & Analytics II • Derivatives (suggested) • Fixed Income (suggested) Academic Component g Weekly Meetings • Alumni workshops & networking • Industry discussions g Industry Courses & Certifications • Wall Street Prep • Bloomberg Market Concepts • Training The Street g Competitions g Group and Individual Networking Trips Industry Component g Dedicated Finance Career Coach • Resume Reviews • Mock Interviews • Internship & Career Database • Resume Book g Executive Mentor Program g Performance Evaluations Career Development g Base Scholarship - $2,000/year g Performance bonus scholarshipup to $1,500/year g Housing support for summer internships in higher cost of living areas g Financial support for individual networking trips g Industry subscriptions, books, programs, etc. to benefit the student Program Benefits 8
Facts & Figures Full Time Positions Accenture CIBC Cleary Gull Deloitte Consulting Five Elms Capital Security Benefit Internships American Century Investments Deloitte Consulting Guggenheim Partners JMP Securities JP Morgan Wells Fargo Investment Banking Program Outcomes 9 $ significantly higher than the departmental & college average average starting salary is over out of 11 seniors graduated with jobs in target sectors 33 % 87 % Freshmen average GPA Students Who Earn Internships Sophomores 100% Juniors 3.78 79,500 Who Hires Finance Scholars? 10

Special Thanks

We thank Jeff Gates and Justin Boisseau for their continued support and funding of the Gates Capital Management Center for Financial Analysis that hosts the Finance Scholars Program. The extensive programming and opportunities would not be available for students without their support. Mr. Gates has been fundamental in getting students to New York City and connecting us with alumni in the area. Special thanks to Rob Schneider for his support and funding to the Finance Scholar program. Mr. Schneider’s assistance has helped fund student opportunities and programming. We are grateful to Paul Edgerley for his support of the College of Business. Mr. Edgerley assisted in the Finance Scholar trip to Boston by connecting students with companies in the area and at Bain Capital. Jeff Gates & Justin Boisseau Rob Schneider Paul Edgerley
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Seniors

Mary Claire Bien Major: Finance & Accounting Sydney Henry Major: Finance & Marketing Isaiah Washington Major: Finance Minor: Economics Natalie Bien Major: Finance & Accounting Dylan Higgins Major: Finance Certificate: Professional Strategic Selling Benjamin DeZube Major: Finance Minor: Leadership Studies Certificate: Investment Management David Khadivi Major: Finance & Management Information Systems Parker Dyro Major: Finance & Economics Minor: Leadership Studies Rollie Gomez Major: Finance Minor: Leadership Studies Watson Loyd Major: Finance Minor: Economics and Statistics Abby Quigley Major: Finance Minor: Leadership Studies Certificate: Investment Management
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Sophomores

Corey Bowen Major: Finance Stacia Mendoza Major: Finance Minor: Political Science Certificate: Business of Sports & Entertainment Hayden Gwinner Major: Finance & Accounting Alexander Cornwell Major: Finance & Entrepreneurship Certificate: Investment Management Jacob Wick Major: Finance Certificate: Professional Strategic Selling Ally Klaudt Major: Finance & Mathematics - Actuarial Science Certificate: Investment Management Parker Larson Major: Finance Certificate: Data Analytics
Juniors 12
Janis Asaris Major: Finance Certificate: Data Analytics Will Bannister Major: Finance and Entrepreneurship Minor: Economics and Leadership Studies Shayla Cowin Major: Finance & Economics Certificate: Data Analytics Bryson Brown Major: Finance Certificate: Data Analytics

Sophomores

Major: Finance Certificate: Investment Management

Major: Finance & Accounting Certificate: Professional Strategic Selling

Major: Finance Certificate: Professional Strategic Selling and Investment Management

Alex Drone Hugo Nascimento Major: Finance Minor: Entrepreneurship Josh Glunt Matt Goodale Maddie Rimmer Major: Finance Minor: Management Certificate: Data Analytics Hannah Higgins Major: Finance & Accounting Emma Stegman Major: Finance Minor: Entrepreneurship Certificate: Data Analytics Jacob Doyle Major: Finance Certificate: Investment Management Scott Maher Major: Finance & Accounting
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Karlee Osner Major: Finance Minor: Leadership Studies

Freshmen

One Team

Blythe Bolar Major: Finance & Economics Certificate: Investment Management Tanner Prock Major: Finance Alex De-Paz Major: Finance Reese Kuzniakowski Major: Finance Minor: Personal Financial Planning Certificate: Data Analytics Sourabh Marre Major: Finance Certificate: Data Analytics Aurora Ortega Major: Finance & Accounting The Finance Scholars also participate in team building and socializing activities. The cohort values communication and relationship building because the students know how important it will be in their future careers.
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cba.ksu.edu/financescholars kstatefinancescholars.com kstatecfa@ksu.edu

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