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Baruch College MFE Students Have A Grand Slam Year at Top Financial Competitions



 

Latest Win Bests 25 Teams at the

International Association for Quantitative Finance

 

New York, NY July 20, 2017- Baruch College’s Masters of Financial Engineering (MFE) team won the sixth annual International Association for Quantitative Finance (IAQF) competition, in a three-way tie. The competition featured 25 teams from 19 MFE programs. This victory marks the third consecutive year Baruch College has won the IAQF and adds to what has been a banner year for the team, winning all of the financial competitions entered this season.

The IAQF competition required teams to analyze the effects that increasing interest rates will have on equity markets, debt markets, currency markets and on international financial markets; as well as develop a portfolio to take advantage of the impending changes.

“A back-to-back win is a spectacular achievement and is testimony to the strength and competitiveness of our students year after year,” said Dan Stefanica, PhD, co-director of the Baruch MFE Program, of the IAQF win. “This fits perfectly in the pattern of success we have established in the past few years.”

Competition Doesn’t Stand a Chance

Baruch College has had its most successful season yet at the academic year’s top financial competitions. In November, undergraduate students from the Baruch Traders Club won Traders@MIT and continued their success in April at the University of Chicago Midwest Trading Competition.

In February, MFE students declared victory at the Rotman International Trading Competition for a second consecutive year beating a record-tying 52 academic institutions who participated this year, including University of Calgary, LUISS Carli Guidi University of Rome, University of Toronto, Carnegie Mellon, NYU, Fordham University, University of Chicago, and Columbia.

Making Headlines

This year’s streak of hard-won victories recently attracted the attention of the media. In May, CNBC aired a segment “Nation’s top trading club comes from New York public college.” At the same time, the Wall Street Journal’s article, “Sorry Harvard and Yale, the Trading Whiz Kids Are at Baruch College,” reported that “The college students who dominated trading competitions around North America this school year aren’t finance majors at Harvard, the University of Pennsylvania or the Massachusetts Institute of Technology. They’re students at Baruch College.” Read more here.

 

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