Welcome to the Krannert Finance Club Blog

Finance Club members - we are pleased to present the Krannert Finance Club Blog. Get involved!

Our overall aim is learning and discussion. Here Finance Club members can discuss topics of interest from the news, class, the job search, or anything else. We'll be having finance faculty and students contributing discussion on a regular basis.

You can also volunteer a topic by emailing finance@purdue.edu.


Monday, July 14, 2008

Happy Summer!

Finance Club leadership is looking forward to the Fall. We'll be updating the website with the Fall agenda and calendar before the start of classes.

Best,

The Management

Sunday, March 2, 2008

Prof. Stewart: The changing role of finance - how can you create opportunity through your Krannert experience?

As I said in the Fixed Income class, when you are in finance, "it's always something." It was a stock market crash in 1987 and 2000. Interest rates were 15-20% in the late early 1980's. There were numerous developing market crises in the 80's and 90's. Today it is the subprime mortgage market crisis carrying over to the credit markets in total.

As each of you thinks about your 20, 30, or 40 finance year careers, what could be the issues/opportunities of tomorrow? Another stock market crash? The dollar no longer being the bellwether currency of the world? Rising inflation as cheap labor is used up in China, India, etc. and as world demands for commodities grow geometrically. Aging baby boomers "eating up their stock investments to live on", the associated federal government deficit to fund Medicare/Medicaid and Social Security, etc.

What else might there be? How will the role of finance need to change to meet these challenges? Will we change from forecasters and analysts to risk managers? How can you take what you've learned at Krannert to help you deal with these issues? Most importantly, how can you turn them into a competitive opportunity for your firm and your career?

-Roger Stewart

Tuesday, February 26, 2008

Guest Contributors

All - with Module 3 finals this week we'll have a new guest contributor next week.

Get ready for Finance III!

-Gauthier

Monday, January 28, 2008

Who is to blame for the subprime mess?

Who is to blame for the subprime mess and what can we do to keep this from happening again? Do we need more regulation of mortgage lenders? Do we need to change the way underwriters are paid? Do we need to change the way credit rating agencies do business? All of the above? Something else? None of the above? -ACSullivan

Wednesday, January 23, 2008

The markets

Where do you think the market is going? Volatility today was incredibly high. Markets seesawed pretty violently before closing up from the day before. Does this mean that the Fed interest rate cut worked? Are we out of the woods? Futures markets seem to indicate that tomorrow will open lower. Will Asia decouple from the US? I'd be interested to figure out your opinions.