Newsmakers
CNBC’s MBA Face-Off
This fall, Johnson was chosen to compete for prizes and bragging rights in a nine-week, fantasy stock and currency trading competition. On Sept. 19, trading officially began in CNBC’s “Million Dollar Portfolio Challenge” for students from Johnson and seven other of the nation’s top business schools. The “MBA Face-Off ” pits teams of ten students from each school against each other as they test their trading prowess managing a $1 million “CNBC Bucks” stock and currency portfolio.
Each of the registered students in the “MBA Face-Off” were charged with using their virtual million dollars to fictionally trade stocks and exchange traded funds on the New York Stock Exchange, NASDAQ Marketplace, American Stock Exchange, London Stock Exchange, and Australia Securities Exchange as well as currencies in real-time.
CNBC’s promotion of this challenge has put the spotlight on Johnson and the Parker Center in a variety of ways, including posting of participating student blogs to CNBC’s MBA Face-Off site and a live broadcast by the top-rated business network from Sage Hall on Nov. 1. Visit cnbc.com (search for “MBA Face- Off”) and Johnson.cornell.edu for the details and official results.
Ten Cayuga Fund portfolio managers competed in CNBC’s MBA Face-Off (back row, left to right): Jeremy Bohne, Saam Parsa, Oscar Corpancho, Cameron White, Kyle Doppelt, Kevin McGovern, Sahil Bhatia (front row,left to right) Carolina Carvalho, Kira Dietrich. (not pictured: Mike Endres)
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