<p><a href=“http://www.northwestern.edu/newscenter/stories/2007/01/chicago.html[/url] ”>http://www.northwestern.edu/newscenter/stories/2007/01/chicago.html</a></p> ;
<p>
EVANSTON, Ill. — The Kellogg School of Management at Northwestern University will receive $1 million over four years from the Chicago Mercantile Exchange (CME) Trust in support of derivatives and capital markets education. </p>
<p>?One of the salient goals of CME Trust is to make the Chicago area the center of financial market education,? said Leo Melamed, CME Trust trustee and chairman rmeritus of CME. ?By making large, multi-year commitments, we are strategically investing in some of Chicago’s most effective university programs, schools and nonprofit agencies.?</p>
<p>The Kellogg School of Management and Northwestern University are uniquely positioned, both globally and within the Chicago region, to promote derivatives and capital markets research and education. With the launch of a new Asset Management Practicum, Kellogg MBA students will gain a more sophisticated experience in capital markets. A new Kellogg School PhD course and fellowships focus on derivatives and related research. The grant also supports a new undergraduate certificate program in finance, offering a sequence of advanced class offerings to highly qualified Northwestern undergraduates. </p>
<p>Kellogg MBA students in the new Asset Management Practicum, which will launch in spring 2007, will manage a portion of the Kellogg School’s endowment. The courses will combine investment theory with exposure to leading practitioners. MBA students will rotate across roles of industry analysts, hedge fund fund-of-funds managers, traders, quantitative analysts, and portfolio managers. </p>
<p>Kellogg faculty and PhD students are actively advancing derivatives-related research. This includes a breadth of applications – for example in energy markets, federal government liabilities, and portfolio choice – as well as advances in analytic and numerical pricing. In addition to providing a PhD-level course focusing on derivatives, the grant will also assist with funding research fellowships in support of work on this topic.</p>
<p>Chicago Mercantile Exchange Trust, established by CME in 1969, received approval to distribute the net income of the Trust to public charities.
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<p>According to a CC member who’s studying at NU, the certificate program will serve as a stepping stone for the development of an undergrad biz program.</p>
<p>so are you an NU student or a NU employee? that your pushing so much propaganda about it</p>
<p>If you are bothered by others posting useful information (even they are about/related to their schools), then I guess you are easily troubled by a lot of things. Take it easy… ;)</p>
<p>I guess Mr. Lee here forgot 50 other schools who recieves grant annually?</p>
<p>Or perhaps he’s just insecure.</p>
<p>abcboy70,</p>
<p>The relevant info for undergrad is highlighted in bold. I guess I should have put a different title instead of copying the one from the article just to be perfectly clear to people like you. This is for those who know NU doesn’t have a ug biz program and wonder about its course offering in finance.</p>
<p>Insecure? Or you mean you are jealous of a school launching a good series because it’s not the one you are attending?</p>
<p>By the way, I am sure way more than 50 schools receive some kind of grants annually. :)</p>
<p>Sam Lee you didnt answer my question if you were a student or an employee???</p>