What's New with The Robert A. Day 4 + 1 BA/MBA Program?

What's New | Events and Speakers


Networking Events and Company Visits

During the past year, students in the Day 4 + 1 Program have had some outstanding opportunities to gain exposure to a variety of companies and potential employers. Here are some highlights of these events:

New York City Networking Trip
January 9, 2006 - January 13, 2006

Prior to the start of the spring semester, sixteen CMC Students traveled to New York City to visit eight different companies, including:

Altus Capital Partners
The Capital Group Companies
The Compass Group
Deloitte Consulting
Goldman Sachs
Kohlberg Kravis Roberts & Co.
Lehman Brothers
Morgan Stanley

Students were given the opportunity to meet with senior level executives to learn about their experiences working at the various companies. The students also attended a dinner hosted by President Gann at Cravath, Swain & Moore, LLP, courtesy of Julie Spellman Sweet ('89). Another highlight of the trip was a cocktail reception hosted by David Officer ('70), Susan Matteson King ('85), and Timothy Galbraith ('87) at the Dreyfus Corporation, which included several members of the NYC Chapter of the CMC Alumni Association.

Hedge Fund Day in LA
March 3, 2006

A trip co-sponsored by the Financial Economics Institute and the Robert A. Day 4 + 1 BA/MBA Program enabled twelve Claremont McKenna College students to travel to Santa Monica on March 3 to meet with executives and analysts from Dalton Investments. Dalton pursues a number of investment strategies, including global hedged equity, global distressed debt and Greater China equity long-short. Dalton was founded in 1998 and has $1.1 billion in assets under management.

Andrew Preikschat '97, Portfolio Manager of Edgebrook Investments, coordinated the visit. Preikschat began the visit by providing the students with an overview of the alternative investment industry and its increasing significance in the financial services industry. Preikschat then offered brief explanations of the myriad investment strategies employed by different types of hedge funds.

The group next met with Steve Persky, CFA, the co-founder and CEO of Dalton Investments. Mr. Persky was very forthcoming about his experience in the financial services industry and what it was like to start a firm from scratch. He took a number of questions from students on topics such as the evaluation process for potential managers and specific investment strategies.

The students also had short visits with several other members of the Dalton team. The firm's CFO, Arthur Hebert, discussed the importance of back-office operations for investment management firms. Analyst Andrew Lahde told the students about his strategies for shorting equity and specifically what he considers the optimal short. Finally, Analyst Marc Sherman shared his experience in industry and his views on the prospects of the airline sector, which he covers for Dalton.

After the meetings, the group had lunch in Santa Monica with Preikschat, Hebert and Sherman. This relaxed environment engendered additional questions and promoted prolonged discussion on a variety of topics.

The students are extremely thankful to Preikschat and the other members of Dalton for providing a fun and informative experience.

Competitions

Henry R. Kravis Award for Entrepreneurship 2005 Business Plan Competition
Friday, December 2, 2005

Sponsored jointly by the Robert A. Day 4 + 1 BA/MBA Program and the Venture Finance Institute at Claremont Graduate University, the 16th Annual Henry R. Kravis Business Plan Competition was won by CMC students Piao Hsiung Chiu, Nicolas Heidorn, and Scott Huan, all Class of 2006. Their submission, Virtual Exchange Post: Where Virtual Playgrounds Become Virtual Economies, beat out four other entries. The winners were selected by a panel of judges including CMC alumni Kingdon Hughes '50, president and owner of Hughes Ventures, and CMC Trustee Gary Biszantz '56 P'08, president and owner of Cobra Farm in Lexington, Kentucky. Each of the finalists received a cash prize for their involvement in the competition.

2006 CMCStudents.com Entrepreneur of the Year Award
Friday, April 7, 2006

Each year, the CMCStudents.com Entrepreneur of the Year Award is presented by the Day 4 + 1 BA/MBA Program. The award is given to the CMC student with the most outstanding entrepreneurial achievement. This year, the award went to Tyler Benner, a junior at CMC, who developed a business, Gascounts, which allows consumers to purchase large amounts of gas on credit at the beginning of a year. As time progresses and prices go up consumers can still receive the gas they paid for at the earlier price by simply swiping a card at the pump, saving them hundreds of dollars. In addition to receiving a cash prize, Tyler was recognized for his accomplishments at the Economics Department Awards Night on May 2nd.

Are you interested in joining the 4 + 1 BA/MBA Program?

If so, you can become a member of a select group of CMC graduates who have participated in the Robert A. Day 4 + 1 BA/MBA Program. Since its inception in 1999, over 40 students have completed the Day 4 + 1 BA/MBA Program. Participants have majored at CMC in Economics, Economics-Accounting, and Economics-Psychology. These students achieved an average GMAT score of 650 and have secured summer internship positions in finance, consulting, accounting, and marketing. If you are interested in learning more about the program, please contact the program office at the address, e-mail, or telephone number listed below.

For more information, contact:

The Robert A. Day 4 + 1 BA/MBA Program
Bauer Center 329
Claremont McKenna College
500 E. Ninth Street
Claremont, CA 91711
Phone: 909-607-7365
E-mail: 4plus1@claremontmckenna.edu