Adelphi Graduate Students Take First Prize In The 2012 University Trading Challenge

Online, December 17, 2012 (Newswire.com) - Four graduate students from the Robert B. Willumstad School of Business took home the Portfolio Trading Team Champion trophy in the 2012 University Trading Challenge (UTC), Friday, November 16. Beginning on October 8, the competition consisted of four main components: long-term portfolio management, (2) short-term trading, and a case study presentation. The Adelphi University team (named "Team AU") included four M.B.A. students from Visiting Professor and Senior Executive-in-Residence Michael Driscoll's class: Yue Wang, Tingyi Hong, Rong Zhang, and Adam ZhangDu.

Team AU was among 80 students, representing 14 universities that took part in the competition. The students dedicated a lot of time to the challenge while also juggling a full course load. Professors Michael Driscoll, Jiang Zhang, Simon Yang and Liem Nguyen helped prepare the team and served as valuable resources.

Initiated in 2010, the University Trading Challenge is an annual event with competitions held in New York and London. Participating in the University Trading Challenge gives students the chance to practice in the areas of finance, quantitative analysis, and business leadership in a real world scenario while showcasing their trading abilities to prospective employers.

To learn more about the Robert B. Willumstad School of Business, visit business.adelphi.edu.

About Adelphi University: Adelphi is a world class, modern university with excellent and highly relevant programs where students prepare for lives of active citizenship and professional careers. Through its schools and programs-The College of Arts and Sciences, Derner Institute of Advanced Psychological Studies, Honors College, Ruth S. Ammon School of Education, University College, Robert B. Willumstad School of Business, Schools of Nursing and Social Work-the co-educational university offers undergraduate and graduate degrees as well as professional and educational programs for adults. Adelphi University currently enrolls nearly 8,000 students from 43 states and 45 foreign countries. With its main campus in Garden City and centers in Manhattan, Hauppauge, and Poughkeepsie, the University, chartered in 1896, maintains a commitment to liberal studies in tandem with rigorous professional preparation and active citizenship.