One of the great things about UB is that your professors want you to learn what the real world is like. This is exactly the reason students are encouraged to do internships, go on the alternative spring break or study abroad. UB offers so many opportunities both in and out of class.
For my Investment Management class, our professor enrolled us in this stock picking game called Stocks Quest where we are basically given $100,000. Now before your heart skips a beat, this is not real money but what we do with this money is pretty real. So the challenge is that we have to pick stocks and make $1,000,0000 out of the $100,000. Now it does sound very easy but trust me it is not. Even though it is not real money, the stocks are real and we have to do extensive research before we buy these stocks. When we started the game, I lost like $30,000 in a week. That is a lot. If I did that in the real world as a Financial Analyst, well I can say good bye to my job! But eventually I got the hang of it and I am getting better at it.
This game is such an awesome way to teach the students about stocks. I don’t think I have learned so much about the market in any finance book that I have learned while playing this game! So thanks Professor Mohr and hopefully I’ll be a (pseudo) millionaire at the end of the semester!
Tags: School of Management
My mother drew a distinction between achievement and success. She said that ‘achievement is the knowledge that you have studied and worked hard and done the best that is in you. Success is being praised by others, and that’s nice, too, but not as important or satisfying. Always aim for achievement and forget about success.’
People fail forward to success.