Finance majors and members of the Student Fixed Income Management organization work in the SFIM Room. From left are sophomore David Bartizal, senior Stuart Lubic and junior Tommy Kilbane.
Photo courtesy of: Department of Finance
Sep 23, 2013
By MaryKate McHugh
Andrew Fodor has been out of college for a total of five years. When he took the job as assistant professor of finance at Ohio University’s College of Business in 2008, he began to see what the students’ needs were and started thinking about how he could make a difference.
His answer? Establish the Finance Computer Resource Support Fund. Designed to give students meaningful, real world finance experience, the fund supports the purchase of various financial research resources, which include FactSet and Bloomberg Terminals.
“Most employers hire applicants based on potential and train their employees to fill roles,” Fodor said. “By providing our students access to the tools used in industry, employers can hire our student based not only on their great potential but also based on specifically relevant skills they have developed in our applied curriculum.”
“We have talked with alumni and professionals in the industry who say companies are looking for students with the skills Bloomberg Terminals and FactSet develop.”
Fodor received his bachelor’s degree in math and economics from Capital University in 2004. He went on to earn his doctorate in finance from Florida State University in 2008. He took over as chair of the finance department in January 2013. Fodor uses the payroll deduction payment option available to OHIO faculty and staff to make his gift. The gift will be fully funded in 2017.
Why provide funds to help pay for these tools, instead of helping students pay for college through a scholarship? Because of the gift’s ability to benefit more students while they are in school and also after they graduate and grow professionally, Fodor said.
“It would be great to help a student pay for college tuition, but a gift of this nature will be able to support more than just one student. I also believe giving students these resources will generate millions of dollars more in future salaries,” he said.
College of Business Dean Hugh Sherman and the Finance Department’s Finance Advisory Council have given their support toward establishing the Fund, Fodor said.
“This gift has been a team effort,” he said. “Dean Sherman and the Finance Advisory Council really believe in what this will offer students. We want to give students cutting edge financial knowledge and experience to get them ready to step into these roles with potential employers.”
Fodor’s gift is part of OHIO’s The Promise Lives Campaign, which seeks to raise $450 million by June 30, 2015. The Campaign has secured more than $429 million toward its goal in support of students, faculty, programs, partnerships and select facilities at Ohio University. Learn more at ohio.edu/campaign.