Finance Newsletter – Spring/Summer 2024

Message from the Area Coordinator

Dr. Harold Zhang

The summer semester has started and we are delighted to bring you the latest news and updates from the Naveen Jindal School of Management’s finance community.

For the first time since the CFA Institute Research Challenge (CFA-IRC) launched in 2006, The University of Texas at Dallas hosted the CFA-IRC North Texas and South Texas Research Challenge Finals at the Jindal School. The event on Feb. 24 brought together the top 10 teams from universities across Texas and Louisiana and more than 70 volunteers from the local CFA societies who acted as mentors and judges for the student teams. Our UTD CFA-IRC team was one of the finalists.

To help prepare our MS Finance students for job interviews, we revamped the face-to-face Finance Mock Interview in the spring semester. The event provides a unique opportunity for finance students to practice their interview skills and receive feedback from industry professionals. Additionally, at end of the spring semester, nearly 50 finance alumni returned to join us for the JSOM Alumni Reunion. This inaugural event was a wonderful opportunity for alumni to reconnect with their classmates, expand their professional networks and share their post-graduation experiences with each other.

Artificial intelligence (AI) is quickly transforming the financial industry. From AI-driven financial modeling to machine learning applications in investment strategies, these technological advancements are revolutionizing the finance profession. We are updating our finance curriculums, teaching and research to better prepare our students to meet the challenges of the new era.

We hope you find these updates as exciting as we do and look forward to welcoming you to our future events.

Dr. Harold Zhang
Professor, Finance and Managerial Economics
Area Coordinator, Finance and Managerial Economics
Naveen Jindal School of Management

Recent Happenings

Finance Area Mock Interview

The Finance Mock Interview, co-hosted by the JSOM Career Management Center (CMC) and the Finance Area on Feb. 24, marked a significant milestone as it shifted back to an in-person format after having to transition to a virtual format during the COVID-19 pandemic. This event provided an invaluable experience for our finance students, fostering real-world practice and direct interaction with industry professionals, which is essential for students’ career development.

Nine industry professionals from seven finance organizations participated in the event, dedicating their time and expertise to provide tailored advice to the students. These professionals represented a diverse range of areas within the finance industry, including investment banking, banking services, risk management and corporate finance. Their involvement underscored the strong connections that JSOM maintains with the finance community to ensure our students receive relevant and up-to-date industry insights.

Forty finance students participated in the event. Each of them had the chance to engage in one-on-one interviews with industry professionals. The mock interview sessions simulated real-world job interviews as students were provided with constructive feedback on their interview performances. The tailored advice helped the students understand their strengths and areas for improvement so they can refine their techniques for future interviews. Students appreciated the opportunity and said the event was beneficial.

Pashmeena Kothari, a finance graduate student, extended her heartfelt thanks to the JSOM Finance Area and Career Management Center for arranging the session.

“The advice and support I received have been crucial to my professional development, and I am excited about applying these newly polished skills in my future career endeavors,” she said. “I am grateful for the opportunity to interview with Invitation Homes during the event, facilitated by Noah Harness, also an MSF alumnus. His guidance and the chance to engage directly with the company were invaluable, offering a firsthand look at potential career paths within the organization. Thank you for this invaluable opportunity.”

Nakshatraa Kurmude, a finance junior, was thankful for the opportunity.

“I was able to interview with Charles Schwab, and it was a very insightful interview,” she said. “The interviewer gave me helpful feedback, which I can work on to perfect my skills. Secondly, the entire event was seamlessly managed – from the email communication, check-in, and post-interview. As this was my first time doing this mock interview, I was looking forward to the experience.”

Seyedreza Momeni, a finance graduate student, also was thankful.

“Talking to the Comerica Bank representative was valuable, and I appreciated the purely technical and statistics-focused nature of the interview,” he said.

The successful return to an in-person format of the Finance Mock Interview has set a positive tone for future engagements in JSOM. We look forward to organizing more such events, continually facilitating the bridge between academic preparation and professional development for our students’ success.

Jindal School Hosts CFA-IRC Texas Research Challenge Finals

group photo of UTD CFA-IRS team
From left: Disha Kapadia, Fatma Sardina, Dr. Carolyn Reichert, Kartik Jain, Seyedreza Momeni and Tanay Sheth.

The Naveen Jindal School of Management hosted the 2024 CFA-IRC North Texas and South Texas Research Challenge Finals on Feb. 24. This prestigious event brought together the top 10 teams from universities across Texas and Louisiana to compete in a rigorous financial case analysis and presentation challenge. The UTD CFA-IRC team was one of the finalists. The entire team — Disha Kapadia, Fatma Sardina, Kartik Jain, Seyedreza Momeni and Tanay Sheth — was from the MSF program. The team worked incredibly hard to reach this stage.

Big congratulation to the UTD CFA-IRS team!

The 2024 winners are Texas Tech University (North) and Rice University (South). Read more details via Research Challenge – CFA Societies Texas.

North Teams

  • Baylor University
  • Texas Tech University
  • University of North Texas
  • The University of Texas – Dallas
  • West Texas A&M University

South Teams

  • Rice University
  • Southeastern Louisiana University
  • Texas A&M University
  • Texas State University
  • University of Houston

JSOM Alumni Reunion

The Naveen Jindal School of Management held its first ever JSOM Alumni Reunion May 4. More than 700 alumni spanning the school’s 49-year history gathered in the Davidson-Gundy Alumni Center along with friends, family and JSOM faculty and staff to “Reminisce, Reconnect and Rediscover.” Nearly 50 finance alumni returned to join the reunion. This inaugural event was a wonderful opportunity for alumni to reconnect with their classmates, expand their professional network and share their post-graduation experiences with each other.

Read more details about at Inside Jindal

Alumni Corner

Bipin Alanka
Bipin Alankar, MS In Finance ‘13

Bipin Alankar obtained his Bachelor of Science in Business Economics from Indiana University in December 2010 and joined UTD in spring 2011. He graduated from UT Dallas’ Jindal School with a Master of Science in Economics with a Macroeconomics & Econometrics concentration in December 2012, followed by a Master of Science in Finance with a Financial Management concentration in August 2013.

After graduating, Alankar started his full-time banking career as a commercial credit analyst at State Bank of Texas in Dallas, where he was primarily engaged in analyzing clients’ financials and underwriting commercial real estate transactions. In this early career role, he had an excellent and rare opportunity to be part of a bank acquisition due diligence process.

In March 2016, he transitioned into a position at a global bank by accepting an underwriter role at Wells Fargo Bank in Phoenix, Arizona, where he was part of the Small Business Banking division, underwriting a variety of transactions including commercial, industrial, commercial real estate and ancillary products. In the role, he also led a prominent risk management project related to compliance.

In September 2019, he joined Bank of America as an assistant vice president and commercial credit lending officer. In this role, Alankar continued his duties in underwriting diverse transactions and managing a portfolio of business banking clients with larger credit needs.

In May 2021, Alankar returned to Dallas and started working for Citibank as a vice president, commercial credit officer and portfolio manager. At Citi, he supports clients’ credit needs via underwriting and portfolio management within several divisions. Alankar continues to enjoy his role in a credit-risk management capacity.

Faculty Research Corner

Pingle Wang, “Portfolio pumping in mutual fund families”, Journal of Financial Economics, April 2024.

Upcoming Events

For MS in Finance chat session and online Information Session schedules, visit the Master of Science in Finance Flex website.

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