Business students at Tulsa-Oral Roberts University will experience a real-world trading floor environment, among other improvements to the ORU Business School, recently named in honor of its patrons Rick Fenimore and Terry Fisher .
Fenimore and Fisher, who met as students in ORU’s MBA program, later became founders and managing partners of Trinity Chemical Industries/TCIX Rail.
“Investing in a business university was a logical choice to give back to ORU,” says Fenimore.
The formal announcement of the business school’s renaming took place during a ribbon-cutting held for the newly renovated facility. The donations from Fenimore and Fisher have allowed ORU to not only enhance its learning space, but also provide scholarship opportunities for students, according to university officials.
“Mr. Fenimore and Mr. Fisher’s innovative investment in the College of Business is a testament to the strength of our academics and the talent of our faculty,” ORU President William Wilson said in a release.
The new Fenimore & Fisher Capital Markets Trading Floor offers a “state of the art” classroom experience developed in partnership with ORU’s Student-Managed Investment Fund and Portfolio Management Practice.
The fund enables graduate students to conduct real-time stock market trading, assess economic and industry data, and construct equity portfolios using the S&P 500 benchmark. Portfolio management exercises are designed to help students manage their stock portfolios and optimize investment tools such as Bloomberg and FactSet.
“The purpose of the Capital Markets Trading Floor is two-fold,” Fisher said. “First, to give ORU students a real-time exposure to the world of financial investment, managed using real money via the stock market. , increasing participation of the Tulsa business community in the ORU College of Business.”
Fenimore & Fisher College of Business is also equipped to provide hands-on experience for students preparing for careers in finance, banking, and money management.
Phase 1 of the project will feature 40,000 square feet dedicated to classrooms, meeting space, student lounges and boardrooms. The space houses 16 high-tech workstations and four 75-inch LED TV displays. The main floor is a high-tech learning hub with 88 Wall Street-like financial markets and headline news tickers, with the main ticker measuring 58 feet long.
The second phase, which includes renovated faculty offices and other facilities, is expected to be completed in 2023.
“When I became dean of the University of Business, I asked faculty to dream about what they wanted to develop at the university. Today, we have witnessed those dreams come true. Now more than ever, we are ready to pursue dreams and bold visions,” said Dr. Julie Huntley.
ORU offers over 150 majors, minors, concentrations, and pre-professional programs at the bachelor’s level, ranging from business and engineering to nursing, ministry, and more. A student he represents all 50 states and 142 countries.
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