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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,

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