Issue link: https://www.e-digitaleditions.com/i/63428
Every year you teach students the fundamentals of financial markets. Now it's time they got some real world experience. Announcing THE PENN STATE SMEAL COLLEGE OF BUSINESS GLOBAL TRADING COMPETITION To prepare for the turbulent world of global trading and risk management, students need hands-on, real-life experience. To meet this need, the Smeal College of Business invites students from around the globe to participate in a simulated, online trading competition. Without leaving the campus, students from Brussels to Boston, Bombay to Buenos Aires can pit their classroom knowledge of financial markets in a real-time, real-world trading environment. Using Financial Trading Software (FTS), the competition will hold multiple rounds with the overall winner to be announced in April 2003. The Penn State Trading Competition is open to all colleges and universities. For more information, please visit our website at www.tradecontest.smeal.psu.edu Babson MBAs on the Fast Track In January 2003, Babson College, Wellesley, Massachusetts, plans to launch its Fast Track MBA Program, its new, fully integrated "blended" MBA program. The program, which will integrate onsite classroom instruction with distance learning components, will enable students to obtain their MBAs in just 27 months. To implement the Fast Track MBA program, Babson has part- nered with Cenquest, a provider of school-branded e-learning programs based in Portland, Oregon. The pro- gram is tailored for executives with five to seven years of work experi- ence. Students will meet once a month, attending two-and-a-half days of face-to-face sessions with Babson faculty. During the remain- der of the program, students will participate in distance learning ses- sions via Internet-based professor- student collaboration and interactive multimedia course content. MBA can be critical for executives struggling to balance work/life issues, especially in an economic recession, says Tom Moore, dean of executive education at Babson and CEO of Babson Interactive. "Many individuals need to obtain their MBAs, but can't afford to put their careers on hold to do so," he says. "This program is win-win. It provides an MBA for the fast tracker while positioning his or her sponsoring corporation as an employee-centric and forward-thinking organization." Such programs as the Fast Track Quinnipiac Set to Build New Tech Center Quinnipiac University of Hamden, Con necti - cut, is preparing to build a $1 mil- lion Financial Technology Center for its Lender School of Business. Scheduled to open during the 2002-2003 academic year, the Center will in clude 30 flat-screen workstations equipped with real-time data from Reuters, Bloom berg, Bridge, and Dow Jones Telerate. Such financial data D ATA B I T will provide students, faculty, and profes- sionals access to instantaneous infor- mation on world markets and socio- economic, political, and international events that impact the world economy. BizEd SEPTEMBER/OCTOBER 2002 China now ranks third among countries in Internet usage, the Associated Press reports. Of China's 1.26 billion people, more than 45 million use the Internet reg- ularly, a 72 percent increase over 2001 figures. China's usage is only surpassed by first-ranked United States and second-ranked Japan. This despite the fact that, in June, the government closed all Internet cafes, many citizens' main access to the Internet. 51