September 23, 2004

Ernst & Young Presentation on September 30, 2004, 6:30 PM, Weithorn Visitors Center

Ernst & Young will be making a presentation about their Investigative & Dispute Services and Transaction Advisory Services Practices.  Ernst & Young primarily hires accounting and finance students for this aspect of their business.  Furthermore, Ernst & Young also has an Insurance Claims Practice which is ideally suited for RMI students. 

Ernst & Young is looking for summer and winter 2005 interns, as well as a candidates for their YMP (Your Master Plan) program, a program that allows graduates to work for the firm and obtain a masters in accounting from Notre Dame or the University of Virginia.

If you are interested in attending this presentation, here is the information you need:

When: September 30, 2004, 6:30 PM
Where: Weithorn Visitors Center
Dress: Business Casual Attire

Food & Drinks Will Be Served.

Posted by Jim Garven at 09:45 PM

September 21, 2004

As Bush Goes, So Goes Market

Yesterday (Monday, September 20, 2004), E. S. Browning (Staff Reporter of the Wall Street Journal) wrote a very interesting article entitled "As Bush Goes, So Goes Market".  He basically makes many of the same points which I made on Saturday, September 11 in my entry entitled "Update on the relationship between stock market returns and presidential futures returns"; i.e., that the presidential futures contracts appear to be pointing to a Bush victory this coming November, and that the stock market appears to be responding favorably.  Or does the direction of causality move in the opposite direction?; i.e., as the stock market improves, this implies that investors are more confident about the economy's future prospects which which in turn improves the electoral prospects of the incumbent president (as reflected in futures prices).  Professors Naveen Khanna and Jennifer Brooke Marietta-Westberg (both finance professors at Michigan State University) make the latter (rather compelling) argument in their paper entitled "Is it 'Kerry up, Market Down' or 'Market Down, Kerry up?' Correlation versus Causation".

Posted by Jim Garven at 04:28 PM

September 19, 2004

Due dates for Problem Sets 2 and 3

Please note that the due date for Problem Set 2 is Tuesday, September 28, and that the due date for Problem Set 3 is Thursday, September 30.

Posted by Jim Garven at 10:57 AM