Fordham Notes: GBA Takes Home Several Springtime Wins

Thursday, May 22, 2014

GBA Takes Home Several Springtime Wins

Now that the celebratory dust surrounding commencement is finally settling, the Graduate School of Business Administration (GBA) deserves a shout-out for some impressive recognition it received recently.

Each year Fordham’s Executive MBA program is recognized by Poets and Quants magazine, as the program climbs its way up the magazine's ranking of rankings list.

“It’s based on performance on other rankings so it’s very interdependent,” explained Francis Petit, Ph.D., associate dean of executive programs. “So if you keep doing well on other rankings, like Financial Times or Bloomberg, it'll have positive effect.”

Poets & Quants ranked the program 39th worldwide, up from 41 in 2013, and 42 in 2012. Petit cited the program’s international emersion elective as key to its success.

In addition, CEO Magazine ranked Fordham’s EMBA as a tier one program.

Another big win for GBA came directly from one of its students. MBA student Michael Hartigan took first place in this year’s All-America Student Analyst Competition sponsored by Institutional Investor magazine.

The competition brought together more than 2,100 students from over 81 universities, to trade $100,000 in virtual money. The four-month contest scored students in the same manner as any major investment house would to assess their own employees.

“Michael took a very solid approach from constructing a sound portfolio of three stocks that he felt were uncorrelated and took calculated risks,” said Robert Fuest, an adjunct professor at Fordham and the faculty advisor for students in the competition.

“He understands the difference between a good company versus a good stock; sometimes it could be a good company, but it’s a bad stock. And he gets that.”

In addition to Hartigan, seven other MBA students made it into the top 100 contenders, making Fordham the leading school in the competition.

“Part of what we’re doing is giving students practical experience and discussing business as it is in real life, not just theoretical,” said Fuest, who is also the COO of Landor and Fuest Capital.

“I think that taking a clinical aspect to learning is critical. They do it in law, they do it in medicine, and they do it in some business schools. This competition helps us to do that here.”

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