AU Press Releases

Students visit Stock Exchange, Financial District historical sites, investment firm

Eleven Alfred University students traveled to New York City this fall to visit the New York Stock Exchange (NYSE) accompanied by Theresa Gunn, assistant professor of accountancy, and Mark Lewis, visiting instructor of business.

The students are all members of the Student Managed Investment Fund (SMIF) and Enactus, AU’s social entrepreneurial club.  Gunn serves as Enactus adviser; Lewis is SMIF adviser.

The group received an exclusive tour of the NYSE trading floor and watched the production of “Squawk on the Street,” a CNBC television program that reports daily on the financial events of the morning. Students also had the opportunity to see three companies just starting out on the stock exchange with their initial public offerings (IPOs).

On their return trip to Alfred, the group visited leading national investment boutique Oppenheimer & Co. Inc. in White Plains, at the invitation of Alfred University Trustee Gene Bernstein, AU class of 1969 and chairman of Northville Industries, Melville. They participated in a discussion about financial investment strategies with John Sturges, director of investments at Oppenheimer.

The group also visited several historical sites in the Financial District prior to the opening of the NYSE, including the Statue of Liberty; Trinity Church, one of the oldest Episcopal churches in the country and burial ground for Alexander Hamilton; and the inaugural location of George Washington at Federal Hall.