Monday, March 2, 2009

Trading Room

Posted By: Sarah Reilly

Originally Posted by:

How do you build a better student? Florida Atlantic University (FAU) knows the answer. Three years ago, they created a Trading Room which is as close to the real world of finance as possible.

The Trading Room was the brainchild of the Dean of the College of Business, Dr. Dennis Coates, who realized they needed a better way to prepare students for the realities of the marketplace. In Boca Raton, where the campus is located, there is a heavy finance-asset-portfolio management influence. To answer the needs of those sectors of the economy, businesses have been importing talent from the northeast. The Trading Room gives the College of Business the ability to cultivate in students the skills that are relevant to today's world. Firms in Boca Raton, Ft. Lauderdale, West Palm Beach, and Jupiter will be able to recruit from a more savvy talent pool with real understanding of financial markets.

Rainford Knight, PhD (Finance) is the director of the Trading Room. He says it "bridges theory with practice. Students get a chance to learn about markets and how influential they are. They learn valuation, financial analysis, learn to understand a balance sheet, and how to form an opinion."

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