Berman and Hoffman – who are also both on the men’s soccer team – aspire to bring in guest speakers for meetings and set up mock investments, with the goal to seek funding for a student-led fund. Their goal is to equip the lab with a Bloomberg Terminal subscription to monitor and analyze real-time financial market data and place trades on the electronic trading platform along with a Wall Street-style ticker that goes around the ceiling of the room providing real-time quotes. 

“Aside from talking with like-minded peers about areas of mutual interest, and sharing resources on such, student clubs have many other benefits,” said Professor Hagedorn. “Club leadership and membership allow students to practice leadership skills. Leading a club requires planning, organizing, and evaluating. It requires finding consensus among individuals. These are excellent skills to experience while still an undergraduate. There can never be enough leadership opportunities for college students because they are all outstanding personal growth experiences.”    

Danielle DiMarco, a senior marketing major, also joined and is secretary of the new club.  

“I’m there to learn just as much as everyone else,” she said. “I am already learning a lot about personal finance that I did not know before.” 

“You’re investing four years of your life in college, so I wanted to create this club and continue adding value to my education for myself and fellow students,” said Berman. “Like Benjamin Franklin said, ‘An investment in knowledge always pays the best interest.’”