CPS Newsletter Spring-08 draft 8 - New Jersey City University
CPS Newsletter Spring-08 draft 8 - New Jersey City University
CPS Newsletter Spring-08 draft 8 - New Jersey City University
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V O L U M E 3 , N U M B E R 3<br />
Business Administration Students Honored<br />
The Business Administration Department<br />
is pleased to congratulate Business<br />
Administration majors who were<br />
recently honored by state-wide organizations.<br />
Five NJCU students were inducted into<br />
the <strong>New</strong> <strong>Jersey</strong> Collegiate Business<br />
Administration Association (NJCBAA)<br />
Honor Society: Ms. Rezarta Aliaj,<br />
Ms. Nalini Balgobin, Mr. Douglas<br />
Mose Elaine Lopez, and Ms. Navindra<br />
Ramlakhan. The induction ceremony<br />
took place in Trenton on May 2.<br />
The NJCBAA annually invites the top<br />
1% of undergraduate students who are<br />
pursuing a degree in business.<br />
The NJCU Student Investment Management<br />
Group, also known as the SIM<br />
Group, completed its second year of operation,<br />
once again outperforming the S&P<br />
500. The group now has a portfolio of<br />
fourteen holdings of individual stocks and<br />
Three students<br />
whose specialization<br />
is Accounting<br />
were each<br />
awarded a$4,000<br />
scholarship by the<br />
<strong>New</strong> <strong>Jersey</strong> Soci-<br />
Elaine Lopez, Rezarta Aliaj,<br />
ety of Certified<br />
and Dougles Mose in Trenton.<br />
Public Accountants<br />
(NJSCPA):<br />
Ms. Karen Foster, who works in the NJCU<br />
Controller’s office and has completed both<br />
Accounting and Finance specializations; Ms.<br />
Aziza Kroun, a high school teacher in her<br />
native Algeria currently working for the Hudson<br />
County Division of Welfare as a Human<br />
exchange-traded funds (ETFs).<br />
The group’s investments have consistently<br />
out-performed the S&P 500 index. The return<br />
on the portfolio since its initial investments in<br />
April 2007 through April 20<strong>08</strong> is 7.82%, compared<br />
to a decline in the S&P index of –0.42%<br />
in a similar time period.<br />
Along with opportunities to analyze and select<br />
investments, members also may be chosen to<br />
intern with A.G. Edwards & Sons, Inc. (now<br />
Wachovia Securities), the brokerage firm<br />
through which the groups funds are traded.<br />
The first student to participate was Finance<br />
major Nazmi Tarhan. According to Mr.<br />
Jason Perez, A.G. Edwards account manager,<br />
Mr. Tarhan outperformed students from<br />
P A G E 2<br />
Services Specialist; and Ms. Maria La-<br />
Freniere, a Presidential Scholar attending<br />
the Communiversity, and a staff accountant<br />
with AIG.<br />
The Guarini Student Investor award was<br />
presented to Mr. Jason Nadolny, president<br />
and chief investment officer of the<br />
Student Investment Management Group,<br />
for his leadership role in the first two<br />
years of the group’s operations. Mr.<br />
Nadolny graduated in May with a Master’s<br />
of Science degree in Finance.<br />
For more information, contact Business<br />
Administration Department chairperson<br />
Marilyn Ettinger at mettinger@njcu.edu.<br />
Health Sciences Graduate Student Wins Grant for Medical Center<br />
Ms. Alda Nelson, a student in the MS<br />
in Health Sciences / Health Administration<br />
program, recently scored a significant<br />
accomplishment during her internship<br />
at the <strong>Jersey</strong> <strong>City</strong> Medical<br />
Center (JCMC) Palliative Care Unit.<br />
Ms. Nelson was responsible for obtaining<br />
a $15,000 grant for the Medical<br />
Center.<br />
The funds will be used in the care of patients<br />
in the unit to provide a range of services.<br />
Among other things, the grant will be used to<br />
host ‘lunch and learn’ sessions for caregivers,<br />
purchase therapeutic videos for patients, and<br />
provide community outreach programs. The<br />
grant will also support attendance at semi-<br />
Successful Year for Student Investment Group<br />
SIM Group members met with Jason Perez of<br />
A.G. Edwards on April 28 to discuss invest-<br />
ment strategies.<br />
nars by JCMC employees, where they will<br />
be able to learn and exchange information<br />
with other healthcare workers in<br />
that field.<br />
For more information, contact Dr. Gail<br />
Gordon, chairperson, Health Sciences<br />
Department, at ggordon@njcu.edu.<br />
other universities, demonstrating “a sound<br />
academic background, strong investment<br />
analysis skills and high work ethics.” The<br />
company looks forward to providing the internship<br />
opportunity to more NJCU interns.<br />
The Student Investment Management Group<br />
was formed in AY 2006-2007 and offers students<br />
the opportunity to invest funds for the<br />
NJCU Foundation. It currently has more than<br />
40 undergraduate and graduate student members<br />
from a range of majors.<br />
For more information, contact Dr. George Li,<br />
gli1@njcu.edu,