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• Dean's Message
• Eli Broad
• Broad School Honor Codes
• AACSB-Accredited Programs
• Alumni Relations

Faculty first-person:

• Accounting and Information Systems
• Finance
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• Marketing and Supply Chain Management

Broad School News

• Undergrad Fee
• BROAD
• Financial Markets Institute
• Academic All-American
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Broad School Honors and Awards

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Broad School Faculty News

• New Books
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• Senegal Development Team
• Disclosure Study
• Top Teaching Honor
• Faculty in the News

Schools and Centers

• The School of Hospitality Business
• MSU CIBER
• CLODE
• Executive Development Programs
• Institute for Entrepreneurship

Development

• Capital Campaign
• Arens Scholarship
• MBP Endowment
• Hoover Family Fund
• GLBT Scholarship
• Petro Scholarship
• Borgeson Fund
• Nugent Gift

Broad School News

New Institute to boost finance industry careers

Thanks to the inspiration of Broad School alumni currently working in highly competitive finance industry careers, Broad undergraduates may find their future paths in finance a bit easier. The school recently formed the Financial Markets Institute to help current undergraduates compete for coveted jobs in such areas as investment banking that Broad alumni have often struggled to land in the past.

“Many of the most targeted jobs are on the East Coast or in Chicago,” explains Helen Dashney, the Broad School’s Corporate Academic Advisor and director of the new institute. “We are at a geographic disadvantage here in mid-Michigan when these firms are recruiting. Historically, few of our graduates have joined these firms, so we don’t have many Spartans to promote our cause from within.”

That trend may change soon as faculty, alumni and staff of the institute focus on helping FMI Scholars in the current junior and senior class land successfully in the industry. According to Dashney, the institute will help students attain the academic, leadership and career skills necessary to enter and compete in the financial markets and investment banking industries. As funds allow, the institute will also attempt to alleviate the students’ financial burdens associated with networking trips and unpaid or low-paying internships – expensive but critical steps to gaining entrance into the industry.

High standards for admittance
Admission into the institute will be granted at the beginning of a student’s junior year. Students need a minimum of a 3.5 overall GPA and they must have strong math, statistics, economics and accounting skills. They will be required to write a short essay indicating their interest in financial markets and the investment banking industry and how admission into the institute will help them forward their careers.

Once admitted, each FMI Scholar receives personal academic advising from the institute’s faculty advisor Professor of Practice Elizabeth Booth and will receive a $1,000 per year scholarship, which could increase as funds are available. Also, FMI Scholars will be encouraged to participate in the Finance Department’s Lecture Series and will be required to participate each academic year in one or two road shows – trips to cities such as New York or Chicago where students focus on careers and networking with the assistance of board members. These road shows will also benefit the Broad School, as they are opportunities for the institute to showcase the FMI Scholars as well as the program to potential employers.