Sobey School of Business

Saint Mary’s University student awarded the 2017 3M National Student Fellowship

Naina Garg

Naina Garg

This week, Saint Mary’s University Economics and Finance student Naina Garg was one of ten students from across the country to be awarded the 2017 3M National Student Fellowship. 

“This fellowship provides me with an opportunity that I have been seeking since childhood,” said Garg. “I plan to use this national platform and the associated fellowship money to start my social enterprise project that addresses child labour and illiteracy in my home city, New Delhi. I have invested months of research and resources in developing my plan, and now I finally have the ability to address an issue that is quite close to my heart.”

Presented by 3M Canada and the Society for Teaching and Learning in Higher Education (STLHE), Garg was one of over 90 highly accomplished contenders from various universities and colleges across Canada to apply for this prestigious fellowship.

“This award highlights the leadership role that Saint Mary’s students demonstrate throughout the world,” said Saint Mary’s University President Dr. Robert Summerby-Murray.  “Naina has worked for years with underprivileged children and children with disabilities in her home city of New Delhi. She has also been involved in research publications, coaching, tutoring and peer mentoring work through Saint Mary’s LEAP program, as well as a lead role with Enactus Saint Mary’s first women empowerment project based in South America called Options International.”

“Naina is an important part of our community at Saint Mary’s and I know I speak for all of us when I say it is incredibly fitting that her dedication to helping others is being recognized on a national stage.”  

The 3M National Student Fellowship Award was introduced in 2012 to honour undergraduate students in Canada who have demonstrated qualities of outstanding leadership and who embrace a vision where the quality of their educational experience can be enhanced in academia and beyond.

“Upon meeting Naina, you are immediately impressed by her intense desire to immerse herself in activities that help those in need regardless of if there are fiscal or academic benefits to her,” said Tom Brophy, Senior Director, Student Services at Saint Mary’s. “By focusing on others, she was instrumental in building one of the core Enactus projects to empower women in Peru. It now serves as an impactful platform for future generations of students.”

Each of the ten winners receives a $5,000 award as well as registration at this summer’s STLHE conference, which will be hosted in Halifax by five post-secondary institutions including Saint Mary’s University. 

Garg is quick to acknowledge the many team members involved in the award nomination process including Dr. Eric Lee, Dr. Mohammad Rahaman, Dr. Shayama Chona, Mr. Thomas Storring, Dr. Colin Dodds, Dr. Patricia BradshawMr. Tom Brophy and Mr. Alex Krimer.

“It is my honour to represent my alma mater on a national scale,” said Garg. “This award is a powerful recognition of the support and encouragement that Saint Mary’s University unconditionally offers to all its students, domestic or international. The incredible faculty and staff recognize potential in ordinary students and work with us to bring out our very best.”

Big win for Saint Mary’s students at international stock picking competition

Far left: George Athanassakos, Professor of Finance & Director of Ben Graham Centre for Value Investing @ Ivey Business School, Western UniversityMiddle:  The Winners  Bill MacGregor, Dev Jyoty Nath, Morris MacLeodFar right: Doug Winsl…

Far left: George Athanassakos, Professor of Finance & Director of Ben Graham Centre for Value Investing @ Ivey Business School, Western University
Middle:  The Winners  Bill MacGregor, Dev Jyoty Nath, Morris MacLeod
Far right: Doug Winslow of Burgundy Asset Management one of the judges for the event. Burgundy is one of the sponsors for the event.

A team of MBA students from the Sobey School of Business at Saint Mary’s University in Halifax has won an international stock picking competition, beating teams from prestigious universities around the world such as Columbia Business School, Carnegie Mellon, Northwestern and the Ivey Business School.  Bill MacGregor, Morris MacLeod and Dev Jyoty Nath competed last week in the Ben Graham Centre For Value Investing Competition at the Ivey Business School, University of Western Ontario.

This stock picking competition is different from others in that it focuses on the value investing approach to stock analysis. Value investing is the strategy used by high profile investor Warren Buffett, among others. The investor chooses stocks they believe to be undervalued, and buy for the long term. The team will split the $10,000 prize money – decent earnings for a few weeks of intense research.

From a field of 27 top-ranked business schools (see below), the Sobey team advanced to the final round in Toronto along with Kellogg School of Management (Northwestern University), Columbia Business School, and Ivey Business School. After presenting to a distinguished panel of value investors, the team was awarded 1st place and received a prize of $10,000!

The team greatly appreciated the opportunity to represent the school and would like to thank Ross Hallett, Thomas Storring, Mohammed Rahaman, Jeff Young, James O’Brien, Chantal Hervieux, Wendy Carroll, Colin Dodds, and the research resource team at the Patrick Power library for their invaluable support. The team advisor was Saint Mary’s marketing professor, Dr. Ethan Pancer.

Participating teams included:

  • Carnegie Mellon (Tepper School of Business)
  • CEIBS
  • Columbia Business School
  • Cornell University
  • Fordham University (The Gabelli School of Business)
  • IESE Business School
  • Indiana University (Kelley School of Business)
  • INSEAD
  • London Business School
  • McGill (Desautels Faculty of Management)
  • Nanyang Business School
  • Northwestern University (Kellogg School of Management)
  • NYU (Stern School of Business)
  • Queen's University (Smith School of Business)
  • Saint Mary's University (Sobey School of Business)
  • SDA Bocconi School of Management
  • The University of Manchester (Alliance Manchester Business School)
  • UCLA (Anderson School of Management)
  • University of California Berkeley (Haas School of Business)
  • University of Cambridge (Judge Business School)
  • University of Chicago (Booth School of Business)
  • University of Notre Dame (Mendoza College of Business)
  • University of Stirling
  • University of Toronto (Rotman School of Management)
  • University of Waterloo
  • USC (Marshall School of Business)
  • Western University (Ivey Business School)

Saint Mary's Students Win Atlantic CFA Competition

Sobey School of Business’ IMPACT Fund Managers Mitchell Norrie, Jorge Gonzalez, Mengqing Chen & Alex Fowler, winners of the Atlantic CFA Competition.

Sobey School of Business’ IMPACT Fund Managers Mitchell Norrie, Jorge Gonzalez, Mengqing Chen & Alex Fowler, winners of the Atlantic CFA Competition.

Congratulations to Sobey School of Business’ IMPACT Fund Managers Alex Fowler, Mengqing Chen, Jorge Gonzalez and Mitchell Norrie for winning the Atlantic Chartered Financial Analyst (CFA) Competition this past weekend.

The CFA Institute Research Challenge is an annual global competition where university students work in teams to analyze and value a publicly traded company. Each team writes a research report on their assigned company with a buy, sell, or hold recommendation and is then asked to present and defend their analysis to a panel of industry professionals.

“We’re happy to see all our hard work has paid off after all the hours we’ve put into the competition since we started back in October,” said IMPACT Fund Manager Alex Fowler. “I feel confident in saying this is the most time any of us have committed to a single project and we certainly couldn’t have done it alone. We’d particularly like to thank our advisors for the competition, Ross Hallett and Mike Mills.”

The team represented Saint Mary’s University at the Atlantic Canada Local Level Competition. Cumulatively, the team put in over 500 hours of work to prepare their report and presentation. With this victory, the team will be advancing to the Americas Regional Competition in Seattle, Washington at the start of April, where they will compete against universities from across North and South America.

There are nearly 100 local level challenges across the world. The winner of each local competition advances to one of three regional competitions, with the winner of each regional event going to the global final.

The performance of the IMPACT Team in the Local CFA Challenge (i.e. Atlantic Region) has been consistently outstanding, as evidenced by their unprecedented streak of three wins.

 The IMPACT Program is unique credit program where students gain firsthand experience in finance, wealth management and portfolio management. Students on the IMPACT team are responsible for managing close to $500,000 in financial investments (mostly equity). They are in charge of portfolio rebalancing, asset allocation, security selection and stock valuation. In addition, the IMPACT program offers unique networking opportunities (a series of high caliber guest speakers from the industry, national and international competitions) and for community engagement and volunteering (e.g. Finance-Focused Career Fair & High School Trading Competition).

Two Sobey students chosen for prestigious $25,000 Frank H. Sobey Awards

For the second year in a row, the Sobey School of Business is delighted to announce that not one but two of our students have been recognized with the prestigious and high-value Frank H. Sobey Award for Excellence in Business Studies.

More information

Saint Mary's student receives prestigious leadership scholarship

Sobey School of Business student Boyce Campbell (pictured) has been awarded a Futures Fund Scholarship for Outstanding Leadership.Campbell is one of 10 university business students across Canada who have been recognized for their leadership in their academic and extra-curricular activities.

Participating schools are chosen each year by Canada's Outstanding CEO of the Year, an oganization that also honours accomplished Canadian Chief Executive Officers.

Student recipients are selected by their school's Dean's office based on their achievements and demonstrated leadership initiatives in their academic and extracurricular activities. Both graduate and undergraduate students in business degree programs are eligible.

The award program provides students with $7,500 grants to further their educational ambitions.

Boyce Campbell

Boyce Campbell

A Capital Idea: Venture Grade Student Venture Capital Fund to Embark on a North American First

The Venture Grade Student Venture Capital Fund at Saint Mary’s University is about to embark on a journey that represents a first for the university and North America—student venture capitalists investing a fund that they raised themselves in promising  high growth start-ups.

Venture Grade gives students applied and pro-active learning experiences as part of a suite of private equity asset courses. Students learn what it takes for growing firms to successfully compete by assessing risk, making investment decisions, and supporting the entrepreneurial economy of the Atlantic region.

“The Venture Grade Fund is a student-led venture capital fund where students raise the capital, assess the risk and make the investment,” said Dr. Ellen Farrell, Professor of Venture Capital and Entrepreneurship. “The students have a goal of raising $250,000 for the fund. “

“I call this learning entrepreneurship from ‘the inside out.’  Entrepreneurship students are learning the qualities desired by entrepreneurial financiers so they are well equipped to raise finance when they start their own businesses. ”

 The students plan to make their first investment later this semester.

Click here to read more about the great work being done by the Venture Grade students as told by The Chronicle Herald.

Saint Mary’s launches Success Maps to support students

Dr. Steven Smith, Dean of Science, introduces Success Maps.

Dr. Steven Smith, Dean of Science, introduces Success Maps.

Saint Mary's has launched Success Maps, a tool to help students set goals, track accomplishments, discover new opportunities, and prepare for their post-graduation career.

Students using the site will be given guidance on their specific academic requirements and suggestions for other worthwhile activities tailored to their year and their major. They can use the site on their own, and as a tool to review their progress with academic advisors.

Saint Mary’s is the first university in Atlantic Canada to offer such a resource to its students, and only the second in Canada.

The launch was attended by Karen Oldfield, Board Chair; Robert Summerby-Murray, President & Vice-Chancellor; and Dr. Steven Smith, Dean of Science.

Kitrina Godding (BSc ’05) spoke about her experiences at Saint Mary's as being a strong foundation for her life as a geologist, offshore surveyor and accomplished SCUBA diver.

Interest in creating the conditions that enhance student learning and supporting students in their educational goals is at an all-time high at Canadian universities.

The Success Maps tool is representative of Saint Mary’s University's ongoing efforts to help students make successful transitions into university, through their academic programs, and into the larger community as knowledgeable citizens of the world.