To promote their organization, the students gave a presentation to the Luter Board of Advisors, President Paul Trible, and other campus and community leaders. Their efforts paid off and they received the additional $10,000 needed to meet their goal. Now they will be able to start diversifying, investing in approximately 5 different companies. As funds grow, they will continue to diversify. The future strategic plan is to invest $1500-2000 per stock and fully develop their own mutual fund.
While anticipation of awarding the first scholarship continues to build, CNU students can take advantage of a 7 week educational program which includes courses on fundamental principles in accounting, finance, and business management. Those seeking to become a voting member of the CEE Fund are required to participate in the educational program and pass a test; however, any student can attend these free courses. The courses are taught by CNU professors, William Donaldson, Lecturer in Strategic Planning and Operations Management, Niazur Rahim, Ph.D., Associate Professor of Finance, and Davit Adut, Assistant Professor of Accounting. The program provides the opportunity for students to raise questions and have open conversations regarding related topics. The CEE Fund believes that any student, regardless as to his/her major, would benefit from a strong foundation in business and finance and wants to provide the opportunity for students to gain this knowledge. Also, since most students do not take finance courses until their junior year, the program allows students to get a head start on their educational goals."
"I was very impressed
with the leadership
displayed by the CEE Fund students and by their strong
and persuasive presentation.
I am very pleased that
they have been able to raise more than $25,000 that will permit our students to more
fully engage in financial
markets and learn very important lessons."
-President Paul S. Trible, Jr.
Christopher Newport University