Chairman Walter Lukken & Dean Sodano
Forex Symposium: Regulation of Currency Exchange and Its Impact on International Business
February 2008 ... The Journal of International Business and Law, which is co-published by the Zarb Business and Law Schools, sponsored its first FOREX-symposium. Dean Salvatore F. Sodano gave his opening remarks and then introduced Acting Chairman Walter Lukken of the Commodities Futures Trading Commission, who served as the event's keynote speaker. Three consecutive panels followed with Hofstra faculty moderating each panel. The first panel, "Is the depreciating dollar good for the U.S. and world economy? Policy Implications," featured speakers from the International Monetary Fund, Bank of New York Mellon and CMC Markets. The second panel, "FOREX Regulations in the New Millennium" featured speakers from the National Futures Association and Hofstra University School of Law. Featured speakers in the third panel, "Will the pricing and hedging strategies for individual firms be affected by the declining dollar and the legal implications thereof?" included representatives from Estee Lauder, Shearman & Sterling LLP. and the Zarb School of Business.
Hofstra/New York Mercantile Exchange High School Commodities Trading Competition
January 2008 ... Hofstra University and the New York Mercantile Exchange (NYMEX) have developed an innovative program designed to introduce high school students to the exciting world of commodities markets and their impact on the economy and investments. This program extends the Zarb School's ongoing efforts to provide Long Island high schools with business education beyond that offered at the high school level. NYMEX has traditionally offered the NYMEX Commodities Challenge at the college level and limited participation to the top business schools in the country. Students from 15 high schools competed in mock, open outcry commodities trading at the state-of-the-art Martin B. Greenberg Trading Room. hhttp://people.hofstra.edu/Ahmet_K_Karagozoglu/Hofstra_NYMEX.html
Hofstra-Commerce Bank Summer Business Camp
August 2007... The Zarb School, the University College for Continuing Education and the Business Development Center's Entrepreneurial Assistance Program at Hofstra University, in conjunction with Commerce Bank, presented "Camp Business - A Competitive and Fun Introduction to Business." This dynamic, two-week summer program was designed to give high school students a rigorous and realistic introduction to business. The camp's focus this summer was entrepreneurial studies and demonstrated that starting a business can be fun and exciting! Fifty high school juniors and seniors were selected from various public, private and parochial schools in the area. Camp Business closed with an outstanding opportunity for students to apply what they learned by designing and presenting a business plan before a panel of Commerce Bank executives and Hofstra faculty.
George Papaioannou, Merrill Lynch Center Director, Leo Guthart & Dean Sodano
Merrill Lynch Center Hosts Conference on Private Equity
May 2007 ... The dynamic topic of private equity was the subject of the Merrill Lynch Center's annual spring conference held at Hofstra University on May 2, 2007. Attended by over 100 Hofstra students, faculty and business professionals, the conference brought together academics and practitioners in three consecutive sessions followed by a roundtable discussion. The conference titled, Private Equity: A New Force for Value Creation, was directed by Dr. Andrew Spieler, associate professor of finance and Merrill Lynch Center associate. The Center was honored to begin the conference at an executive breakfast featuring Leo A. Guthart, chairman and CEO of Topspin Partners, as the keynote speaker. Mr. Guthart, a member of the Hofstra University Board of Trustees, discussed the topic Private Equity: A Long Island Perspective. Following the executive breakfast, conference participants convened at the Scott Skodnek Business Development Center for the conference sessions. Dr. Kenneth Lehn, the Samuel A.McCullough Professor of Finance at the University of Pittsburgh, served as the luncheon keynote speaker.
Hofstra students with Dr. Karagozoglu at the NYMEX
NYMEX Trading Competition: Hofstra Students Shine
April 2007 ... An "open outcry" simulated trading competition was held at the New York Mercantile Exchange (NYMEX) trading floor. Participating students assumed the role of a pit trader, buying and selling crude oil futures contracts. A panel of judges made up of NYMEX officials and floor traders evaluated 30 student traders on their ability to execute trades. Dr. Ahmet Karagozoglu, Associate Professor of Finance and Academic Director of the Martin B. Greenberg Trading Room announced that the first prize, $1000 cash and a prestigious summer internship at NYMEX, was awarded to Surbhi Kapoor, a Hofstra Finance M.B.A. student. Sila Nazli Saylak, an M.S. in Finance student, and Tansel Alan, a Finance MBA student also both from Hofstra, won second- and third-place cash prizes. Three additional Hofstra Finance MBA students were among the competition's 10 prize winners. This trading competition was the final round of the 4th Annual NYMEX Commodity Challenge. Earlier this year, 21 teams participated in an electronic trading competition. In that competition, Hofstra's team placed third.