NASDAQ Grant Helps GBA Go GlobalContact: Bob Howe
NEW YORK, NY, February 16, 2012 — The Graduate School of Business Administration (GBA) at Fordham University has received its second grant from the NASDAQ OMX Educational Foundation which will be used to expand its educational offerings focusing on global financial markets and investor relations.
The Foundation’s continuing generosity will help to extend GBA’s Master of Science in Global Finance (MSGF) program, which debuted in the spring of 2010, to include new strategic global regions.
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|Fordham University’s MSGF students visit the NASDAQ MarketSite in New York City’s Times Square, hosted by NASDAQ Vice Chairman Sandy Fruscher. (photo courtesy NASDAQ)
The expansion of the MSGF builds on the Fordham program’s success in Beijing, which is part of the University’s strategy of developing partnerships with key institutions, world-wide. In GBA, the emphasis is on six regions, or “nodes.” These nodes include greater China, (specifically Beijing, Shanghai and Nanjing), Europe (anchored in London), Africa (anchored in Pretoria), Turkey, India and South America.
The grant will also help to expand the delivery of a Master of Science in Investor Relations (MIR) degree, which debuted this past fall, to students in Beijing.
The MIR was designed with the understanding that a decade after the Sarbanes-Oxley Act became law, the field of investor relations has become a more central and strategic function of corporations. Recent de-listings of Chinese firms on major organized exchanges illustrate how this has become a major issue for China. As such, Fordham has teamed with the National School of Development of Peking University in Beijing to deliver this critical training to Chinese students and other students globally, combining coursework taught in Beijing with courses and experiential learning activities in New York City.
David Gautschi, Ph.D., Dean of the Graduate School of Business Administration at Fordham, said, “The role of business in the global political economy is expanding daily.
“It is incumbent upon a school of business - especially a school of business in an international financial center - to make a global curriculum a strategic priority. We give credit to NASDAQ OMX for recognizing that need, and for helping Fordham fill it.”
Stephen Freedman, Ph.D., Provost of the University and Professor of Ecology and Evolutionary Biology at Fordham, said, “This generous grant, and the programs it supports, underscores Fordham’s growing international reach, especially in China.”
Freedman added, “We are very grateful to NASDAX OMX for its financial support and commitment to international business education. The funds will help ensure more Fordham GBA graduates are prepared to compete at the top levels of management in finance and business.”
Joan Conley, Senior Vice President and Corporate Secretary at NASDAQ OMX, said, “The NASDAQ OMX Educational Foundation knows how important it is to groom future business leaders who will navigate the global economy.
“As a truly global exchange group with strategies that cross all borders and continents, we are thrilled to partner with Fordham which also realizes how newly minted business graduates will need to be fluent in the language and customs of international business to compete in this global marketplace."
About Fordham University:
Founded in 1841, Fordham is the Jesuit University of New York, offering exceptional education distinguished by the Jesuit tradition to more than 15,100 students in its four undergraduate colleges and its six graduate and professional schools. It has residential campuses in the Bronx and Manhattan, a campus in West Harrison, N.Y., the Louis Calder Center Biological Field Station in Armonk, N.Y., and the London Centre at Heythrop College in the United Kingdom.
About The NASDAQ OMX Educational Foundation:
The mission of The NASDAQ OMX Educational Foundation is to promote learning about capital formation, financial markets and entrepreneurship through innovative educational programs. It was established in New York City in 1994 and is supported entirely by contributions from The NASDAQ OMX Group, Inc.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world’s largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.NASDAQOMX.com. Please follow NASDAQ OMX on Facebook and Twitter at www.facebook.com/NASDAQ.