Summer 2015 Newsletter

Happenings


New Accounting Certificates
For professionals looking to fill in some skill gaps, gain a competitive edge in their career or explore something new, we now offer two new accounting certificates.

Over the course of one summer term, the Certificate in Accounting Fundamentals covers the essential topics needed for a career in accounting and for fulfilling the accounting prerequisite courses required for our Master of Science in Accountancy. This intensive five-course program provides a broad foundation of concepts and practices in financial reporting, managerial accounting, accounting information systems and corporate taxation.

Our Certificate in Advanced Accounting completes the 150 semester-unit requirements for the Certified Public Accountant (CPA) exam. This four-course program builds on our Certificate in Accounting Fundamentals program, previous undergraduate accounting coursework and our Master of Science in Accountancy degree program.

Economic summit 2015
The 5th Annual Economic Summit was held on May 28th in the new Student Union Ballroom at San Jose State University. Presented by Bridge Bank in Association with Hopkins & Carley, the event was well attended by regional business, campus and civic leaders.   The panelists were Sam Liccardo, Mayor of San Jose, and Dr. Christopher Thornberg, Founding Partner, Beacon Economics. Mathew Mahood, President and CEO, the Silicon Valley Chamber of Commerce moderated the panel.  Following introductions by Elizabeth Grace, Chair of the Department of Accounting and Finance at SJSU, Mr. Thornberg presented the economic forecast, focusing on San Jose.  He began, “San Jose is on fire.”  His talk ranged from salaries, real estate markets, to advice for students to “invest in degrees that will pay off.”

Slides from his presentation are available at Thornberg_2015 SJSU Economic Summit_PPT.pdf

Mayor Liccardo spoke about the current impressive job growth and the potential of growth in manufacturing.  He talked about the war for talent, partnerships with the city to “grow our own”, the need for high-density housing, transportation, and investment in infrastructure. He continued, “Assessment of current and future threats must includes the restoration of aquifers with recycled water and designation of more land for employment". The panelists answered questions moderated by Mathew Mahood.

For more information about the panelists,
http://www.sjsu.edu/cob/cbfs/economicsummit/panelists/

Economic Summit Banner


Dean's Corner

We are helping to nurture future financial leaders through a combination of (1) a Student-Managed Investment Fund (with a generous donation by Financial Navigator, Inc. and faculty Investment Fellows sponsored by Nancie Fimbel); (2) a new trading lab with Bloomberg terminals, the “standard” terminal used by investment professionals; and (3) a Bloomberg Certification Program for our students.

This opportunity to manage an investment fund using real money with cutting-edge technology is a transformative experience for our students. And they have outperformed the S&P 500 over the last two quarters!

Please enjoy the video below featuring students and investors speaking about our Spartan Fund and Bloomberg lab.

Bloomberg Video


In The Know

A new School of Global Innovation & Leadership was launched in 2013. Its Global Leadership Lab provides students with role-playing experiences working in cross-cultural teams.

The Financial Management Association (FMA) student organization has won the Superior Chapter Award 3 years in a row – a designation granted to less than 1% of FMA chapters.

Congratulations to Accounting and Finance Students Honorina (Nina) Jarquin and Valeriya Razdyakonova for receiving the prestigious Financial Executives International scholarship. Financial Executives International is a financial organization for CFOs and senior financial executives. Their scholarship program honors approximately a dozen outstanding accounting students from Bay Area universities and colleges.

Other Notes:

Fireside Chat with Jerry Yang

Yahoo! founder and former CEO Jerry Yang appeared in conversation SJSU on April 28 with Annette Finsterbusch as part of the Global Leadership Speakers Series. He spoke at length about the challenges of starting what was to become Yahoo! (Jerry and David’s Guide to the World Wide Web) in1995 with David Filo.  It was uncharted territory. They had decided on a free model and then had to figure out not only how to attract investors, but how to generate income.  He remained on the Board of Directors at Yahoo! until 2012.  He is credited with leading major initiatives, investing in Alibaba and Yahoo! Japan. In response to questions about the future of technology entrepreneurs, he predicted that biology and computing would be the next big wave and that a company has to “start off diverse to stay diverse”.  To attract investors, “pitching is about story telling”.  A key question to consider is, “Does the entrepreneur believe the story.”

Mr. Yang currently invests in technology through his innovation and investment firm, AME Cloud Ventures. 

jerry yang


On The Calendar

October 23, 2015
High Tech Tax Institute Academy