Speaker Series

March 9, 2007

Chief Economist at Invesment Company Institute Gives Lecture
  • Brian Reid
  • Chief Economics
  • Investment Company Institute

  • 101 Armory
  • March 9, 2007
  • 2:00 pm to 3:30 pm
Finance Lecture Series:
Chief Economist at Invesment Company Institute Gives Lecture

Brian Reid, the Chief Economist at ICI (Investment Company Institute) was a guest lecturer as part of the Finance Lecture Series. He discussed the mission of ICI, the current status of the mutual fund industry, and some governance and policy related issues. ICI is the trade organization of the mutual fund industry.

Brian Reid became Chief Economist at the Investment Company Institute in January 2005, having previously served as the ICI’s Deputy Chief Economist. Since joining the Institute in 1996, Brian has participated in research examining a variety of mutual fund topics, including fees and expenses, trends in the mutual fund market, and shareholder behavior. Prior to joining the Institute, Brian was a staff economist at the Federal Reserve Board for 7 years where he participated in research on monetary policy issues. Brian received a B.S. with honors in economics from the University of Wisconsin, Madison in 1983 and a Ph.D. in economics from the University of Michigan in 1989.

[Details]


February 16, 2007

Finance Lecture Series: State Farm Public Corporate Bond Group Discusses Fixed Income
  • John Malito & Heather Caldwell
  • Public Corporate Bond Group
  • State Farm Insurance

  • February 16, 2007
  • 2:00 pm to 4:00 pm
Finance Lecture Series:
Finance Lecture Series: State Farm Public Corporate Bond Group Discusses Fixed Income

Staff from State Farm's Public Corporate Bond group presented to MS Finance students as part of the Finance Lecture Series. After giving an overview of State Farm and its many companies, the speakers discussed why State Farm has an Investment Department (Fixed Income, Equity, Mortgages) and what their Investment Department goals are. They also talked about the size of invested assets of major markets (U.S. stocks, bonds) as well as Market Indices Corporate bonds & Corporate Bond Analysis. Following the presentation students had the opportunity to ask questions.

Speakers from State Farm were John Molito and Heather Caldwell, both of the Public Corporate Bond Group. Mr. Molito received a bachelor degree in accountancy from the University of Illinois and then a JD/MBA from Loyola University. Ms. Caldwell received her bachelor degree from Augustana and is currently working on her MBA through Illinois State's Corporate MBA program.

State Farm global headquarters is located in Bloomington, Illinois. More about State Farm and their many companies can be found at the link below.

[Details]


February 9, 2007

Finance Executive Discusses Corporate Finance at ADM
  • Margo Loebl
  • Group Vice President - Finance
  • Archer Daniels Midland Company

  • February 9, 2007
  • 2:00 pm to 4:00 pm
Finance Lecture Series:
Finance Executive Discusses Corporate Finance at ADM

Archer Daniel Midland executive Margo Loebl, presented a seminar about corporate finance to MS Finance students as part of the Finance Lecture Series. She discussed ADM's capital structure, stock and overall performance. Additionally Ms. Loebl gave a detailed picture of ADM's products and discussed their recent mission statement change which emphasizes their goal to become a leader in the production of biofuels in addition to their product line of agricultural derivatives.

Margo Loebl received her Bachelor degree in Economics from Wellsely and her MBA from the University of Chicago. She has worked in corporate finance for both General Motors and Nike. She has been with ADM since 2002. For more details on ADM, see the details link below.

[Details]


February 7, 2007

Managing Director of PEAK6 Advisors LLC Guest Lecturer in MSF Hedge Fund Class
  • Andrew K. Hick
  • Managing Director
  • PEAK6 Advisors, LLC

  • 24 Wohlers Hall
  • February 7, 2007
  • 10:00 am to 11:20 am
Guest Speakers:
Managing Director of PEAK6 Advisors LLC Guest Lecturer in MSF Hedge Fund Class

Andrew Hick is a Managing Director of PEAK6 Advisors LLC, the investment advisor to the PEAK6 Performance Fund LP, a $300 million volatility arbitrage hedge fund. In 1997, Mr. Hick founded Compass Asset Management, a derivatives oriented hedge fund. Prior to that, Mr. Hick was a Managing Director of SBC Warburg, Inc., where he managed over-the-counter equity options trading. Mr. Hick joined O’Connor & Associates (a proprietary derivatives trading firm which was acquired by Swiss Bank in December 1993 and subsequently integrated into Swiss Bank Capital Markets) in 1984 in the equity options department. At O’Connor, Mr. Hick served as a market maker on the floor of the CBOE and later managed several equity options trading desks. Mr. Hick was named a Principal of O’Connor in 1992.

Mr. Hick earned a BS degree in Finance from the University of Illinois in 1984, and a Masters of Management degree from Northwestern University’s J.L. Kellogg Graduate School of Management in 1991.


January 30, 2007

Options Market Making: Citigroup Information Session
  • Minor Huffman & Keith Niedfeldt

  • January 30, 2007
  • 5:00 pm to 7:00 pm
Guest Speakers:
Options Market Making: Citigroup Information Session

MS Finance students and Computer Science students are invited to participate in an open discussion and learn some of the details of how Citigroup manages the speed and complexity required to successfully operate as an electronic market maker.

Citigroup Derivatives Markets Inc. is one of the premier US options market makers and regularly accounts for five percent of the open interest in US equity, index and futures options. Citigroup uses sophisticated, real-time quoting engines to electronically quote over 100,000 options every day on the six US electronic options exchanges.

Our Keynote Speakers:

Minor Huffman
Director of Global Equity Trading Technology at Citigroup Global Markets, Inc.

Keith Niedfeldt
Advanced Technology Associate, Derivatives Markets Technology for Citigroup Derivates Markets, Inc.

Jan 30th, 2007, 5-7 pm
2405 Siebel Center,


November 3, 2006

Chicago Investment Banker Speaks to MSF's
  • Paul Clark
  • Senior Vice President
  • Houlihan Lokey Howard & Zukin

  • 370 Wohlers Hall
  • November 3, 2006
  • 2:00 pm to 3:30 pm
Finance Lecture Series:
Chicago Investment Banker Speaks to MSF's

Paul Clark gave a presentation to MSF students about Houlihan Lokey Howard & Zukin, a boutique investment banking firm in Chicago. Mr. Clark shared some background and general information about Houlihan Lokey and then focused on presenting an example of the type of deal completed by the firm. In this case he presented a fairness opinion the firm rendered in connection with the sale of a public company at a price equivalent to its publicly traded price. After his presentation Mr. Clark took questions for 30 minutes and then joined the students for a reception.

Mr. Clark has experience in the valuation of business enterprises, closely held equity securities and intangible assets. His engagements have been performed for merger and acquisition planning, divestiture analysis, fairness opinions, financing, recapitalizations, and strategic planning. He received a B.S. in mechanical engineering from the University of Iowa, an M.S. in mechanical engineering from the University of Missouri-Rolla and an M.B.A. from Washington University.

[Details]


October 6, 2006

MSF Alumni Offer Job Search Advice to Students

  • 2 Education Hall
  • October 6, 2006
  • 2:00 pm to 4:30 pm
Finance Lecture Series:
MSF Alumni Offer Job Search Advice to Students

Two recent graduates of the MSF program returned to campus to participate in a panel discussion about job search strategies. Panelists shared information about their job and responsibilities, their job search and how they obtained their current position. Additionally the alumni shared advice to help students maximize their opportunities while on campus. A short reception followed the discussion.

Invited alumni were:

Adrienne Frank, Class of 2006
Financial Analyst, Motorolla, Chicago

Federico Stiegwardt, Class of 2004
Senior Risk Manager, Cargill, Minnesota


September 15, 2006

Goldman Sachs V.P. Speaks to MSF's About Investment Banking
  • Aaron Arth
  • Vice President
  • Goldman Sachs

  • 141 Architecture
  • September 15, 2006
  • 3:00 pm to 4:30 pm
Finance Lecture Series:
Goldman Sachs V.P. Speaks to MSF's About Investment Banking

Aaron Arth, Vice President at Goldman Sachs and UIUC Finance Alumnus, visited campus last week. Aaron gave a presentation to the MSF students about Goldman Sachs and the role of an investment banker. His presentation allowed for students to ask a number of questions about Goldman Sachs, the equity capital market, his career and the type of skills needed to be successful as an investment banker.

Aaron also met with a smaller group of MSF's specifically interested in careers in investment banking, answering many questions they had about the industry in general and opportunities at Goldman Sachs.

Aaron joined Goldman, Sachs & Co. in 1996 as a member of the Real Estate Corporate Finance Department. Aaron transferred to Equity Capital Markets in 1998 to originate a dedicated Real Estate Equity Capital Markets effort. Aaron has spent time focused on Real Estate, Technology and Convertible Equity during his career in Equity Capital Markets. Aaron currently heads the Real Estate, Gaming and Lodging business in Equity Capital Markets. Aaron graduated the finance department at the University of Illinois in 1996.


July 21, 2006

MSF Students Visit John Deere World Headquarters!

  • July 21, 2006
Finance Lecture Series:
MSF Students Visit John Deere World Headquarters!

MSF students spent the day at the John Deere World Headquarters in Moline, Illinois on Friday, July 21st. The students heard finance presentations by the Director of Investor Communications, Director of Global Funding and the Director of Financial Reporting. In addition the students were given a tour of the John Deere facilities and enjoyed a luncheon with John Deere executives. At the conclusion of the day, a reception was held at which MSF students were able to network with John Deere finance professionals, many of which are Illinois alumni!

The field trip was a great success and offered students an excellent learning opportunity.

More information about John Deere can be found at the link below.

[Details]


February 25, 2006

Professor Josef Lakonishok speaks at Investment Seminar for MSF students!
  • Professor Josef Lakonishok
  • Principal
  • LSV Asset Management

  • 245 Wohlers Hall
  • February 25, 2006
  • 10:30 am to 12:00 pm
Finance Lecture Series:
Professor Josef Lakonishok speaks at Investment Seminar for MSF students!

Professor Lakonishok held a seminar for MSF students on February 25th. At the seminar he talked about his firm, LSV Asset Management and equity investments.

Josef Lakonishok is the Karnes Professor of Finance at the University of Illinois at Urbana- Champaign, a research associate at the National Bureau of Economic Research (NBER), and a principal at LSV Asset Management. LSV Asset Management, headquartered in Chicago, was founded in November 1994 by Andrei Schleifer of Harvard University, Robert Visshny of the University of Chicago, and Josef Lakonishok.

Before coming to Illinois, Professor Lakonishok was a professor of finance at the Johnson Graduate School of Management, Cornell University and on the Faculty of Management at Tel-Aviv University. He received his Ph.D. in finance from Cornell University. Josef Lakonishok specializes in empirical investment research.

His papers cover a broad range of investment topics such as performance evaluation, analysts’ forecasts, share repurchases, and fundamental and momentum-based trading strategies. He is probably best known for his work on value investing. In addition to his research, he has extensive experience with pension funds and other financial institutions throughout the United States and Europe. Dr. Lakonishok is one of the top contributors to major finance journals. He has served and is serving as an associate editor of many leading journals in financial economics, including the Journal of Finance. His work has received worldwide attention and has been the subject of numerous articles in the financial press. He was featured in the book, Investment Titans, published by McGraw-Hill. He is a frequent speaker at both academic and investment management conferences.

[Details]


February 24, 2006

In search of Pan-European insurance - where is it?
  • Michael Theil
  • Professor
  • Vienna University

  • 166 Wohlers Hall
  • February 24, 2006
  • 2:30 pm to 3:30 pm
Finance Lecture Series:
In search of Pan-European insurance - where is it?

Professor Michael Theil of the Institute of Risk Management and Insurance, Vienna University of Economics and Business Administration gave a presentation on Friday, February 24th on Insurance in the EU.

The introduction of the single currency, the establishment of the single insurance market and the recent EU enlargement are potential drivers for change in the insurance industry. Apart from fancy speeches of EU politicians - what do market figures say? In this presentation, Professor Theil discussed selected issues of insurance market development over the past decade.


January 30, 2006

Colleges of Law, Business host real estate magnate Sam Zell on January 30!
  • Samuel Zell
  • Chairman
  • Equity Group Investments

  • January 30, 2006
Guest Speakers:
Colleges of Law, Business host real estate magnate Sam Zell on January 30!

"The country’s largest landlord" scheduled to speak to law and business students January 30 in Law Auditorium.

Please see the Details tab for full details.

[Details]


November 4, 2005

President of Chicago Quantitative Alliance discussed Investment Portfolio Management!
  • Daniel Cardell
  • Chief Investment Officer and Partner
  • Aileron Capital Management

  • November 4, 2005
  • 10:30 am to 12:00 pm
Finance Lecture Series:
President of Chicago Quantitative Alliance discussed Investment Portfolio Management!

Daniel J. Cardell CFA

Mr. Cardell is Chief Investment Officer and a Partner of Aileron Capital Management. He currently teaches Investment Management and Corporate Finance at the Graduate School of Business at the University of Illinois - Chicago. He is the former Director of Equities at Weiss, Peck & Greer in New York. Prior to directing the WPG Equity Division, he was Managing Director responsible for the firm's Quantitative Equity Group in Chicago. Before joining WPG, he was Senior Vice President and Director of Equities at the Bank of America. During his career, Cardell has been involved with the development of successful quantitative equity strategies at firms such as Continental Bank in Chicago, Mellon Bank in Pittsburgh and Maryland National Bank in Baltimore. In his current role as the Chairman of the Board of Directors of the Chicago Quantitative Alliance, he is uniquely positioned to interact with the leading academics and practitioners in the area of quantitative finance. Dan received his BS in Finance from Wilkes University and an MBA from the University of Pittsburgh. He also serves as a Senior Product Consultant to the Quantitative Services Group LLC in Naperville, Illinois, a leading provider of quantitative research and trade measurement analysis.


October 28, 2005

MSF Students hear presentation by Credit Suisse Executive!
  • Tim Opler
  • Managing Director
  • Credit Suisse First Boston

  • 114 Wohlers Hall
  • October 28, 2005
  • 11:00 am to 12:00 pm
Finance Lecture Series:
MSF Students hear presentation by Credit Suisse Executive!

Tim Opler visited the ILLINOIS Finance Department to give a lecture to the MSF class entitled "How to get a Job on Wall Street." His presentation provided students with a great opportunity to learn from someone who has been successful in an extremely competitive field!

Tim Opler is a Managing Director of Credit Suisse First Boston in the Healthcare Group, based in New York. He provides financing and strategic advice to a broad variety of investing banking clients with a focus on the life sciences.

He has recently carried out financing and strategic transactions for Amgen, Deluxe, Eli Lilly, Fibrogen, Genentech, Pfizer, Royalty Pharma and Schering-Plough.

Mr. Opler began his career working as a research analyst at the Rand Corporation. He subsequently was a finance professor at Southern Methodist University and the Ohio State University. In 1997, he joined Deutsche Bank as a director in the Liability Strategies Group. He joined CSFB in April 2001 after working at W.R. Hambrecht in the fixed income and private equity areas.

Mr. Opler received a Ph.D. in Economics from UCLA in 1990 and a B.S. in Economics and Philosophy from Florida State University in 1985.


September 9, 2005

MSF's listen to alum's experiences at Citigroup, NY
  • Ola Oyinsan
  • Business Analyst, Investment Banking Division
  • Citigroup, NY

  • 240 Wohlers Hall
  • September 9, 2005
  • 8:30 am to 10:00 am
Guest Speakers:
MSF's listen to alum's experiences at Citigroup, NY

MSF alumnus Ola Oyinsan returned to the ILLINOIS campus as part of a recruiting trip for her employer Citigroup, NY. Ola and her colleagues at Citigroup conducted two presentations while on campus - a general information session on Citigroup as well as a session on tips for interviewing with investment banks.

MSF students were also able to visit informally with Ola at a breakfast held on Friday, September 9th at which she discussed her position at Citigroup and shared her experiences conducting her job search and move to NYC.

Ola Oyinsan is a 2004 graduate of the MSF program and past President of the MSF Executive Board.


August 30, 2005

E Hedger Managing Director to speak on Futures and Options Industry
  • Mark Gold
  • Managing Director and Primary Broker
  • E Hedger

  • 100 Gregory Hall
  • August 30, 2005
  • 3:30 pm to 5:00 pm
Finance Lecture Series:
E Hedger Managing Director to speak on Futures and Options Industry

Mark Gold, managing director and primary broker of E Hedger has been invited to campus to speak by the Office of Futures and Options Research in the College of Agriculture. He will talk about the industry and upcoming National Introducing Brokers Association Annual Conference.

Mark Gold is a former 20-year member of the Chicago Board of Trade where he was a pit trader and floor broker. Mark has also been a floor trader at the Chicago Mercantile Exchange, International Monetary Market, Sydney Futures Exchange, and the New Orleans Commodity Exchange where he served as Vice Chairman of the Board of Directors. Mark is a graduate of the University of Illinois with a degree in Agricultural Economics.

[Details]


July 29, 2005

CATERPILLAR finance executives hold on-campus seminar for MSF students

  • July 29, 2005
  • 10:00 am to 12:00 pm
Finance Lecture Series:
CATERPILLAR finance executives hold on-campus seminar for MSF students

Finance executives from Caterprillar held a presentation for MSF students in conjunction with Professor Lins' Corporate Financial Management course. CAT executives discussed Caterpillar's capital structure, funding strategies and dividend/share repurchase policies. A substantial amount of time for Q & A was also provided. A breakfast was held prior to the seminar allowing students the opportunity to network with the speakers and learn more about CAT and employment opportunities.

The two presenters from CAT were Paulo Martins, Senior Funding Consultant, Corporate Treasury and Matt Houhlin, Senior Manager of Strategic Investments.


April 18, 2005

"De-mystifying Derivatives" next topic of Finance Lecture Series!
  • Sean T. Brady
  • Managing Director
  • Credit Suisse First Boston

  • 241 Wohlers Hall
  • April 18, 2005
  • 4:00 pm to 5:15 pm
Finance Lecture Series:
"De-mystifying Derivatives" next topic of Finance Lecture Series!

The Master of Science in Finance program will welcome Sean T. Brady of Credit Suisse First Boston as the final speaker in the Spring Finance Lecture Series on April 18th.

Sean T. Brady is a Managing Director of Credit Suisse First Boston and for the past 11 years has been responsible for the marketing and design of financial derivatives. Prior to that he was an associate at Cleary, Gottlieb, Steen & Hamilton.

Mr. Brady received a B.A. in History of Science from Harvard College and his J.D. from Harvard Law School.

[Details]


March 28, 2005

MSF Program welcomes Ken McGovern, Director of Capital Markets, Wal-Mart as next Finance Lecture Series Speaker!
  • Ken McGovern
  • Director of Capital Markets
  • Wal-Mart

  • 240 Wohlers Hall
  • March 28, 2005
  • 4:00 pm to 5:15 pm
Finance Lecture Series:
MSF Program welcomes Ken McGovern, Director of Capital Markets, Wal-Mart as next Finance Lecture Series Speaker!

Mr. McGovern joined Wal-Mart in 1992. He is responsible for Capital Markets, Financial Liability & Risk Management, Financial Strategy, Pricing and execution of appropriate financial transactions. The company’s debt portfolio is over $30 billion and its derivative portfolio is in excess of $12 billion. He works to identify and mitigate financial risks including: interest rate, currency, and commodity.

Prior to his role in Corporate Finance, Mr. McGovern was responsible for financial management and analytics (optimization) for a $15 billion division within the Wal-Mart Stores Division. Merchandise Departments included: Men’s, Boy’s, Domestics, Furniture and Crafts & Fabrics. He also served in Wal-Mart’s Information Systems Division, making contributions to the development of the company’s Enterprise Data Model.

Prior to his twelve years at Wal-Mart, Mr. McGovern worked as an independent consultant (or subcontractor). He focused on the automation of financial processes and applications. Clients included: NASA HQ, IBM FSD at the Air Force Satellite Testing Facility, IBM IPODC and Burlington Northern. He also served as Product Manager for a startup company in New York’s “Silicon Alley” and as an Associate at Morgan Stanley - where he managed and trained a team of 60. This team helped build Morgan’s first automated trading system. Mr. McGovern has a Master’s in Mathematical Finance from Columbia University, an MSIA(MBA) from Purdue University and a B.S. from the University of Maryland.


February 28, 2005

Don Delves speaks to MSF students in Finance Lecture Series
  • Don Delves
  • President and Founder
  • The Delves Group

  • 240 Wohlers Hall
  • February 28, 2005
  • 4:00 pm to 5:30 pm
Finance Lecture Series:
Don Delves speaks to MSF students in Finance Lecture Series

About Don Delves--
(Information from the cover of his book "Stock Options & The New Rules of Corporate Accountability") "Donald P. Delves, president and founder of the Delves Group, is an expert in helping companies get what they pay for with their compensation dollars. With their Balanced Incentive Portfolio approach, Delves and his colleagues develop effective pay systems that optimize the balance between risk, results, and rewards for individual employees and the corporation. Essential to his approach are straight talk about motivation, management, and accountability and in-depth assessments of the true cost of a company’s pay programs and its Return on Management Investment.

Mr. Delves works closely with boards of directors, senior executive teams, and sales forces to build healthier businesses that drive exceptional performance through better organization, management, and incentive systems.

Mr. Delves has over 20 years of compensation and incentive systems consulting experience, including work with Sibson and Company, Towers Perrin, Arthur Andersen & Co. and iQuantic. He holds an MBA in finance from University of Chicago and a BA in Economics from DePauw University. Mr. Delves is also a CPA."


February 28, 2005

  • Don Delves

  • 240 Wohlers Hall
  • February 28, 2005
  • 4:00 am to 5:30 pm
Finance Lecture Series: