From New York To London, and More – New York News

New York To London

Let’s explore some of the most interesting stories that have emerged from New York business schools this week.

In Ambitious Capstone Project, Stevens Senior Looks Under the Hood of Securitized Auto LoansStevens Institute of Technology School of Business News

The Stevens Institute of Technology School of Business recently profiled Austin McDonnell, a 2018 graduate whose Senior Design capstone project examined the “the quality of the individual assets comprising securitized auto loans” in order to “figure out what individual loans look like, what their default rate is, and how likely those deals are to experience losses.”

McDonnell’s next stop is Imperial College London’s Master’s Program in Finance, where he believes the Stevens coursework really set him up to succeed. “The amount of work, and the breadth of the coursework, in the Quantitative Finance program prepares you to find that starting point on huge projects that seem impossible.”

Austin McDonnell in a blue blazer standing in front of the high-tech Hanlon Lab, with its rows of Bloomberg terminals.

McDonnell (’18), outside the Stevens Hanlon Financial Systems Lab / Photo via

“I’ve always been interested in engineering, mathematics and physics, so I was just looking at the more technical schools,” he said in an interview with his alma mater. “I saw Stevens was a lot more challenging and had more to offer than the other schools I looked at, in terms of pursuing the kind of career I wanted.”

You can read the entire interview with McDonnell here.

CUEED Celebrates Its First Decade with Big Plans for the FutureRutgers Business School Blog

Rutgers’ Center for Urban Entrepreneurship and Economic Development commemorated 10 years of nurturing entrepreneurs in an event outside the Black Swan Espresso Shop on Newark’s Halsey Street that was “part celebration, party block party, and part reunion.”

The Center’s Executive Director Lyneir Richardson reflected on the CUEED’s past, present, and future in a rousing speech.

“Our first decade was impactful,” Richardson said. “We worked with 400 entrepreneurs. In the  next decade, our goal is to get to 1,000 entrepreneurs. We want to generate more impactful research and expand our programs to outside partners who will license our curriculum. The idea is not only to create a stream of revenue for CUEED but to create more impact and get more visibility for the center.”

CUEED plans to assemble its Business Hub for Creatives Program in Memphis, while “Jacksonville and Richmond have telephoned to find out how they can also replicate CUEED’s programs.”

You can read more about the Rutgers Business School CUEED and the event here.

Now Accepting Alumni and Student Entries for 4th Annual Orange Tank Business Pitch CompetitionWhitman School of Business

Syracuse’s Whitman School of Business announced its 4th Annual Orange Tank pitch competition, which is set to take place during the Orange Central 2018 celebration this coming October.

The Orange Tank competition invites “current Whitman students and alumni entrepreneurs [to] submit their business venture for consideration.” Teams will present their business ideas to a panel of judges to the tune of $5,000, $2,000, and $1,000 prizes.

Alumni business applications will be accepted through Friday, August 31 while Student entrepreneurs may submit their application through Friday, September 14.

Orange Tank takes place on October 19th at 1-3 p.m. in Whitman’s Flaum Grand Hall.

Make your reservations via Orange Central and read the full article here.


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