NEWS FROM FINANCE

We expect the students we graduate to be better educated and ready to take on business challenges in finance
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Two years ago the finance department introduced many course changes in response to new demands in the business world. This past summer, department chair Chuck Linke established a committee to make curriculum enhancement an on-going activity in the college. Specific objectives are to keep course content current and relevant; to make our graduates even more employable; to make them better employees; and to help the faculty better understand the needs of employers. Observers will note the close relationship to Total Quality Management that many industry leaders follow: Customer Focus - on students and employers; Continuous Improvement - frequent and modest changes to courses in response to the market place; and Teamwork - use of the combined skills and knowledge of the faculty and advice from the many businessmen that we interact with on a regular basis.

This committee is in the early stages of working out a strategy. The department intends to make additional use of finance executives in business. Some of these business persons visit campus to make presentations to classes. Some already serve on advisory boards for specialties within the department. Whatever method we adopt, we expect our end product, the students we graduate, to be better educated and ready to take on business challenges in finance.

The long arm of the finance department just got longer. This fall, four faculty members are teaching a course in graduate banking at Murdock University in Perth, Australia. ProfessorsElijah Brewer, William Bryan, George Pennacchi will travel to Perth, in tandem, teach different aspects of the banking course, and provide seminars to Australian bankers. This course has been arranged through the Office for Banking Research at the college and is being underwritten by a group of private banks in Australia.