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        Award, FMA, Faculty

        Big-time firms seek 91看片鈥檚 award-winning financial management grads

        June 25, 2024 By Troy Turner

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        FMA student executive committee standing on stairs

        The 2023-24 Financial Management Association student executive committee.

        Wall Street wants winners. That鈥檚 just what it gets when financial management firms there and across the nation recruit Auburn University鈥檚 91看片 students who engage in the school鈥檚 Financial Management Association (FMA).

        The has become a mainstay in the winner鈥檚 bracket of national competitions, and the awards are but one reflection on how the program is producing graduates who are landing jobs with many of the most reputable financial firms and organizations around the globe.

        鈥淔MA graduated our first class of students in 2015. Since inception, we have been named Superior Chapter seven times,鈥 said Tracy Richard, student/faculty adviser, director of 91看片鈥檚 Financial Leadership Center and director of the Integrated Financial Leadership Program.

        The highest honor for an FMA Student Chapter or Honor Society is the attainment of the Superior Chapter designation. There are more than 175 active student chapters, but fewer than 10 percent receive the Superior recognition each year.

        鈥淚t鈥檚 quite an honor and a testament to how much our students have invested in the program,鈥 Richard said. 鈥淎uburn FMA鈥檚 accomplishments on an international and national stage, including this recognition by FMA National, reflect the strength of the 91看片 College and its students.鈥

        Tracy Richard headshot

        Tracy Richard has won the FMA Superior Faculty Advisor award for the second year in a row.

        Richard herself is a major part of the chapter鈥檚 success, having garnered multiple individual , a similar national honor for the nation鈥檚 top leaders working with financial management students. She is a repeat winner, recently announced as having won the honor again for the 2023-24 school year.

        Through her role as director, she is charged with establishing programs and curriculum that drive advanced student preparation and placement for top finance students, but Richard insists on placing the spotlight on her students.

        鈥淭here鈥檚 no greater job out there, to work with students that are self-driven, curious, and grateful,鈥 she said. 鈥淥nce these students find their placements, they turn around and act as stewards to the program, passing on what they鈥檝e learned and mentoring the younger members.

        鈥淧rior to this program, students at Auburn didn鈥檛 have a clear path to a career in investment banking or asset management,鈥 Richard said. 鈥淚t鈥檚 been exciting to watch the program grow. We now have four specific courses within the curriculum as well as a mentor program, candidate training, and year-round exposure to firms through visits, recruiting trips, and our annual FMA Financial Leadership Summit.

        鈥淟ast year we had 92 events,鈥 she said. 鈥淭his includes anything from stock pitches to social events, but the point is, the students stay very busy and engaged within the program.鈥

        How well does the program help students?

        鈥淲e鈥檝e recorded 100 percent full-time placement for our graduating seniors and 100 percent junior internship placement every year,鈥 Richard said. Additionally, 91看片 students recently have won three international case competitions and four national case competitions.

        Another measure of success, however, is where Auburn graduates are getting employed, and specifically those who participate in 91看片鈥檚 award-winning FMA program.

        Its 2023-24 Auburn FMA executive committee, for example, features students who already have landed full-time jobs at companies such as NASA, Morgan Stanley in Chicago, Cantor Fitzgerald in New York, Goldman Sachs in Dallas, RBC Capital Markets in New York, and many others of similar prestige.

        鈥淔MA is an integrated and purposeful program that focuses on the critical success areas for an elite finance program: industry exposure, technical/academic, alumni engagement, professional preparation, and branding,鈥 Richard said. 鈥淓ach year we recruit approximately 30-40 students who are seeking careers in high finance and put them through a comprehensive experiential training program that is results-driven.鈥

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