You are here: Home / News Release Archives / 2013 / October / Nittany Lion Fund Seniors All Set for Jobs Post-Graduation

Nittany Lion Fund Seniors All Set for Jobs Post-Graduation

Though it is early in the fall semester, all class of 2014 students involved in the Nittany Lion Fund have already accepted job offers, according to J. Randall Woolridge, professor of finance in the Penn State Smeal College of Business and president of the Nittany Lion Fund, LLC.
October 24, 2013

Though it is early in the fall semester, all class of 2014 students involved in the Nittany Lion Fund have already accepted job offers, according to J. Randall Woolridge, professor of finance in the Penn State Smeal College of Business and president of the Nittany Lion Fund, LLC.

“This is a huge accomplishment,” said Woolridge, “and it speaks to our consistently high placement history and high quality of graduates.”

“Our network on Wall Street includes hundreds of alumni who are willing to assist students in their job search.”

The Nittany Lion Fund is a unique opportunity for high-performing students in Finance. The student-managed investment fund has more than $5 million in assets and provides Smeal students with the ability to connect to real-world investors without leaving the Business Building. It is one of the few student-managed funds with actual investor money—not endowment dollars.

“We have 77 investors, and it really changes the level of accountability,” explained Woolridge. “Having real investors changes the dynamic for the students and gives them a heightened sense of responsibility.”

According to Woolridge, more than 80 percent of Nittany Lion Fund graduates take jobs at Wall Street firms.

“Our network on Wall Street includes hundreds of alumni who are willing to assist students in their job search,” said Woolridge. “And each semester we have an alumni networking event in New York to bring together our alumni and students.”

In addition to networking with alumni, the fund sponsors a trip to Wall Street each semester, and students visit firms like Goldman Sachs, J.P. Morgan, Citigroup, and BOA Merrill Lynch.

“J.P. Morgan, Goldman Sachs, Citigroup, Blackrock, and BOA Merrill Lynch regularly recruit students at Penn State,” said Woolridge.

The Nittany Lion Fund’s student managers operate out of the Rogers Family Trading Room, a state-of-the-art classroom and laboratory that replicates real-world trading experience. Students in the Trading Room use dataset resources to simulate trading, portfolio management, and other finance-related models, and real-time stock tickers and data boards offer important financial information.

Recent News
Supply Chain's Preciado Honored for Teaching Excellence 29 Jul

Felisa Preciado, clinical associate professor of supply chain management, has been named the 2014 recipient of the Penn State Smeal College of Business Fred Brand Jr. Award for Excellence in Undergraduate Teaching.

Summer Business Program for High Schoolers Facilitates Diverse Penn State Network 28 Jul

The Business Opportunities Summer Session (BOSS) Program, facilitated by the Penn State Smeal College of Business’ Diversity Enhancement Programs, connects underrepresented high school students with current Penn Staters and alumni to provide an inside look at the business majors and beyond. Currently in its eighth year, the program is helping to create a powerful network as it continues to share the value of a Smeal education with a diverse population.

Why Aren't Consumers Buying Remanufactured Products? 28 Jul

Firms looking to increase market share of remanufactured consumer products will have to overcome a big barrier to do so, according to a recent study from the Penn State Smeal College of Business. Findings from faculty members Meg Meloy and V. Daniel R. Guide, Jr., indicate that consumers perceive many categories of remanufactured products as dirty and disgusting.

Penn State President Emeritus Rodney Erickson Joins Smeal Executive MBA Students in Celebration 25 Jul Penn State President Emeritus Rodney Erickson Joins Smeal Executive MBA Students in Celebration

About 30 students celebrated their completion of the Penn State Smeal Executive MBA Program last month in a pre-commencement ceremony held at the Business Building on Penn State’s University Park campus, with former University president Rodney Erickson delivering the commencement speech.

Smeal's Multimedia Team Recognized for Providing Valuable Student Service 24 Jul

A group of Smeal College of Business staff members were recently recognized for their efforts to provide students with professional portraits for their LinkedIn profiles. The Penn State Information Technology Resource Responsibility award was granted to the Resource, Instruction, and Information Technology (RIIT) Group’s Multimedia Team.

More Recent News... More Recent News...