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New Connections To Two Financial Markets

February 7, 1999

 

Exciting new corporate partnerships with Nasdaq and the Boston Stock Exchange were announced in separate events on February 8:

 

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A three-year Nasdaq Premier Partnership agreement was announced by American Stock Exchange CEO Richard Syron during his Sears Lecture in Business Ethics. Bentley College and Ohio State University are the first of an anticipated 10 Premier Partners.

Designed to enhance finance and technology education at the college and bring value to the stock exchange and its constituencies, the partnership includes:

  • A Nasdaq Executive Professor Award - an annual stipend to an adjunct member of the Finance department faculty;
  • Nasdaq Financial Scholar Award - an annual $1,000 graduate student scholarship;
  • Faculty briefings by Nasdaq staff; and
  • Special events, including an annual mock trading event on the floor of the American Stock Exchange, in-class speakers, and videoconferences between Bentley's Trading Room and the Nasdaq Marketsite in New York.

The Boston Stock Exchange Corporate Partnership was announced as part of the 165-year-old BSE's move to a high profile location in Boston's Financial District. The only corporate partner in the field of education, Bentley helps fund an interactive educational exhibit in the BSE's new Visitors Gallery. In addition, the one-year collaboration introduces:

 

  • A Bentley College-Boston Stock Exchange Scholarship fund totaling $20,000 for students from Boston with career interests in securities trading. Two scholarships will be awarded per year, one each at the undergraduate and graduate level;
  • Live market reports weekday mornings on WBZ-TV news, direct from the BSE trading floor, sponsored by Bentley;
  • Student internships at the exchange; and
  • Tentative faculty speaker series, faculty briefings at BSE-related events, and limited use of BSE meeting facilities for college events in the Financial District.
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With a high-profile, early morning press conference on February 8, the BSE launched trading in its new location. Mayor Tom Menino, Governor Paul Celluci, Rep. Ed Markey, SEC Commissioner Paul Carey, Secretary of the Commonwealth William Galvin and Reverend Peter Gomes joined BSE Chairman and CEO William Morton for a ceremonial ringing of the opening bell. Bentley was acknowledged during the event as a lead sponsor of the exchange; other lead partners are Bridge Information Systems; Liberty Funds Distributor, Inc.; and State Street Global Advisors. Associate partners are Fidelity Investments; Stratus Computer, Inc.; and Le Meridien Boston.

That evening, the college launched the new MS in Global Financial Analysis program at a special event for alumni in financial services. Set in the BSE's famed Vault, now an unusual meeting space, the event attracted a select group of 70 who were eager to tour the exchange on opening day.

 

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America's third oldest stock exchange, founded in 1834, The Boston has experienced its greatest growth and profitability in the last 20 years. The new location at 100 Franklin Street is part of its evolution from regional to national and international marketplace.

 

The Boston Stock Exchange rostrum of Corporate Partners
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Foursome in Visitors Gallery

BENTLEY UNIVERSITY is one of the nation’s leading business schools, dedicated to preparing a new kind of business leader – one with the deep technical skills, broad global perspective, and high ethical standards required to make a difference in an ever-changing world. Our rich, diverse arts and sciences program, combined with an advanced business curriculum, prepares informed professionals who make an impact in their chosen fields. Located on a classic New England campus minutes from Boston, Bentley is a dynamic community of leaders, scholars and creative thinkers. The Graduate School emphasizes the impact of technology on business practice, in offerings that include MBA and Master of Science programs, PhD programs in accountancy and in business, and customized executive education programs. The university enrolls approximately 4,100 full-time undergraduate, 140 adult part-time undergraduate, 1,430 graduate, and 43 doctoral students. Bentley is accredited by the New England Association of Schools and Colleges; AACSB International – The Association to Advance Collegiate Schools of Business; and the European Quality Improvement System, which benchmarks quality in management and business education. For more information, please visit www.bentley.edu

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