News from the Finance Division

November 2009, a team of Babson undergraduate students lead by faculty advisor, Professor Ryan Davies, won the bronze prize at the IIBD Case Competition at Hong Kong Baptist University. Team members were seniors Ada Chen (Quincy, MA), Tahira Adatia (Seattle, WA), Monique Stone (Franklin, MA), and junior Rajiv Singla (Rockville Centre, NY). Details about the competition can be found here: http://www.hkbu.edu.hk/~iibd/CC2009/
The competition is supported by the Wing Lung Bank International Institute for Business Development. Teams representing 30 universities and colleges from 11 countries competed in the competition. In the first round held in June, teams had one week to prepare a ten page solution to a case on Sinyi Real Estate in Taiwan. Based on these solutions, five finalist teams were invited to compete in the final round in Hong Kong. In the final round, each team had six hours to prepare a case on Woolworths corporate social responsibility (CSR) strategy in Australia. The Babson team’s innovative solution focused on methods to empower employees to take initiatives to promote CSR throughout the firm. The competition was won by the host team from Hong Kong Baptist University.

February, 2009, Babson Wins first place! As faculty advisor, Professor Ryan Davies lead a team of Babson undergraduate students, and won the Rotman International Trading Competition held the weekend of (Feb 19-21) at the University of Toronto. The team members were seniors Howard Soyfer, Gilbert Li, Serge Suchkov, and junior Eric Drozdov. The Babson team placed ahead of teams representing 38 top colleges and universities from around the world. The first place cash prize was $4,000. More>>

December 7, 2008, Michael Goldstein, Professor of Finance talks with NECN about the latest Jobless figures, the future of the nation's auto industry, President-elect Obama's economic team and the recession. More>>
October 2008: Babson undergraduate team places second in the fourth annual Texas A&M F/X competition, and Babson undergraduate student Eric Drozduv came fifth overall in individual competition. The foreign exchange trading competition ran online from October 1st to 31st, and involved almost 300 students. The Babson team included: Matthew Acosta, Shueb Ahmed, Kari Dean, Eric Drozdov, Michael Hudecheck, Gilbert Li, Thomas Klein, Ross Klein, Howard Soyfer, and Sergey Suchkov.
September, 2008: Professor Michael Goldstein was awarded The Babson College Faculty Scholarship Award in grateful appreciation of significant contibutions and achievements in scholarly research.
March 20, 2008: Good news! The Finance Division ranked 6th overall in the recent “Specialty Rankings” of undergraduate business schools of BusinessWeek. Students were asked to rank their schools on eleven different specialties, and these student-generated rankings were compared across all of the schools in the survey. Babson finished No. 6 in Financial Management. more>>

March 13, 2008: Babson Professor, and Director of the SEC's division of trading and markets Erik Sirri, was featured in The Wall Street Journal. More>>

February 26, 2008: a team of Babson College Fund managers captured first place in the New England Investment Research Challenge sponsored by the Boston Security Analysts Society. This is the second consecutive year that the Babson College team of investment analysts took the top honors in the BSAS competition. More>>

February 21-23, 2008: Babson team finishes among prize winners at Rotman International Trading Competition. The competition, hosted by the University of Toronto, uses open outcry and electronic trading cases which closely mimic real-world markets. The Babson team competed against teams from 34 universities and colleges from around the world. The team placed in 7th place and won a cash prize of $800. The team was composed of undergrad junior Howard Soyfer, and MBA students Noj Zachariah, Jeff Liguori, and David Peltier. The team was advised by finance professor Ryan Davies. More>>

February 22, 2008: Professor Ryan Davies rings opening bell at Toronto Stock Exchange. More>>

February 12-17, 2008: Babson team competes at Marshall International Case Competition. Babson participates for the first time in this prestigious case competition, hosted by the University of Southern California, against teams from 30 top international business schools. The Babson team included undergrad seniors: Liz Allen, Olga Brik, Suzanne Cover, and Barry Chen. The team was advised by finance professor Ryan Davies. More>>

November 2007: Babson Professor Jennifer Bethel was promoted to full Professor.

November 2007: Babson Professors Gang Hu and Jennifer Bethel and Georgia Tech Progessor Qinghai Wang received a grant from Yale University’s Millstein Center for Corporate Governance and Performance for their work in mergers and acquisitions.

November 14-18, 2007: Babson team wins finalist award at McCombs International Business Challenge. For the second year in a row, Babson team wins an award at this intense five day case competition at the University of Texas at Austin. Twenty top international business schools competed in the competition. Babson was represented by undergrad seniors: Mayra Roa, Olga Brik, Liz Allen, and Suzanne Cover. The team was advised by finance professor Ryan Davies. http://www3.babson.edu/Newsroom/Releases/IBCAward11-2007-ns.cfm

October 12, 2007: Babson team participates in Travelers Finance Case Competition in Hartford, CT. The Babson team, coached by finance professor Ryan Davies, was composed of six undergraduate students: Barry Chen, Shueb Ahmed, Edward Chiu, David Brenner, Kari Dean, Sandra Popaja.

May 2007: Babson Professor Michael Goldstein was promoted to Full Professor.

Babson College assistant finance professor Gang Hu is winner of the NASDAQ Award for the best paper on capital formation by the Western Finance Association. more >>

Four Babson seniors teamed up with coach and finance professor Ryan Davies to compete in a 4-day event in Montreal. The Babson team placed 2nd in the Undergrad National Case Competition. more >>

Finance Lecturer, Jack Alexander shows executives how to improve performance and build long-term shareholder value with his new biz book, Performance Dashboards and Analysis for Value Creation (Wiley November 2006). more>>

Professor Michael Goldstein appeared on Bloomberg, speaking about the NYSE closing part of its floor.

October 20, 2006:Professor Michael Goldstein appeared on the national PBS telecast of The News Hour with Jim Leher. Dr. Goldstein spoke on the Dow hitting 12,000 and the economy in general.

On September 12, 2006: Professor Erik Sirri joined the Securities and Exchange Commission in Washington, D.C., as its next Director of the Division of Market Regulation. more >>

Babson College Professor of Finance Michael Goldstein was appointed chair of NASDAQ’s Economic Advisory Board for 2005. The primary function of the Economic Advisory Board (EAB) is to provide advice and guidance to the Board of Directors of NASDAQ on issues relating to market structure.