Saint Xavier University
recently received a $100,000 grant from the CME Group Foundation to institute a
Center for the Study of Financial Markets and Derivatives (CSFMD) at the Graham
School of Management.
Using real-world
applications and innovative teaching techniques, the Center will provide
students with an in-depth education about trading, risk-management, and other
financial concepts, and will provide collaborative research opportunities for
students and faculty members. The Center, which is expected to be operational
for the Spring 2013 semester, will be equipped with portable equipment for
in-class lectures and demonstrations, and a hands-on laboratory where students
can work on projects such as simulated financial portfolios. Ultimately,
students will manage a real-time investment portfolio for the Graham School of
Management.
The CSFMD also will
strengthen SXU's ties with the community by enhancing the Graham School’s
existing opportunities to consult with local businesses. In addition, plans are
underway to partner with local high schools so that high school students can learn
basic financial concepts.
"We are grateful to the
CME Group Foundation for their advocacy on behalf of Saint Xavier
University," said SXU President Christine M. Wiseman, J.D. "We
appreciate the Foundation’s efforts to increase student and community
understanding about finance and financial markets, and are pleased to have their
support in developing this exciting new Center."
The CME Group Foundation
enhances economic opportunity by supporting academic initiatives and activities
in the Chicago region, including those that promote research, teaching, and
learning in financial markets, futures, and derivatives. It also promotes the
education of disadvantaged children and youth. In partnership with the Big
Shoulders Fund, Saint Xavier University is already engaged in a project to
improve and support teaching of early mathematics in urban Catholic elementary
schools.
For more information about
the Graham School of Management, please contact (773) 298-3600.
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