1) Windows Microsoft
2) DeGroote Impact- 5 Days for the Homeless
3) DeGroote Accounting Association
4) DeGroote Marketing Association
5) DeGroote Finance Association
6) DeGroote Commerce Society
7) Greensuits
8) Report feedback and Top 5 Announced
Degroote Accounting Association (DAA)
Please Welcome Your Speakers from the DAA:
Stuart H Matson, VP of Administration
Geoff Blasutti, Fast Pace to the Case (FPC) Co-Chair
Degroote Accounting Association
@DAA_ Accounting
So what functional area of business are you interested in?
• Marketing
• Human Resources
• Information Systems
• Finance
• Accounting
How many of you will be attending McMaster
University in the Commerce program in the fall of
2012?
What is the Degroote Accounting Association and what do we do?
The DeGroote Accounting Association (DAA) is a student run organization within the DeGroote School of Business whose main focus is to promote and generate awareness of the accounting profession to the McMaster community. We represent those students who are interested in pursuing an accounting designation, whether it be CA,
CMA, CGA or CPA. In addition to creating awareness on campus, we facilitate student transitions into the professional accounting world.
Presently the DAA has:
-Over 380 student members
-Next years executive team will consist of 17 executives (Ex.
President, VP of Admin, FPC Co-Chair , Supporting Roles and Year
Representatives)
-We are proudly supported by many organizations that are interested in building awareness of their organization on Mac’s Campus and recruiting the best and brightest McMaster Students
Our Main Events
• Fast Pace to the Case
• CA Night
• CMA Etiquette Dinner
• Alumni Night
• CMA Roundtable
• CGA Speed Networking
How to get involved?
• Apply for the executive team
• Attend our events
• Get your participating member certificate
We proudly thank our generous sponsors for their various contributions to the DAA
Platinum Sponsors:
Gold Sponsors:
Other Sponsors:
Any Questions?
http://degrooteaccounting.com/home/daa-news/ or Google: Degroote
Accounting Association
Degroote Accounting
Association
Stuart H Matson
Vice-President of Administration matsonsh@mcmaster.ca
@DAA_Accounting
Geoffrey Blasutti
Fast Pace to the Case, Co-Chair blasutgd@mcmaster.ca
Presented by Liam Whelan
DeGroote Finance Association
Mission
Partners
Events
Finance at DeGroote
Canadian Financial Services Industry
Careers in Finance
Capital Markets
Sales and Trading
Investment Banking
Equities Research
Investment Management
Advisory and Planning
Portfolio Management
Private Equity
Mission
The DeGroote Finance Association (DFA) creates a bridge between students and the finance industry by providing opportunities for learning and interaction through various events held throughout the year.
Motto
“Connecting the Leaders of Today to the Leaders of Tomorrow”
Operations
The association operates under the DeGroote Commerce Society and is lead by a team of undergraduate business students. The DFA plans and executes events from September through April every year focused on providing learning and networking opportunities with financial institutions for students interested in pursuing a career in the field of finance.
Membership
2010/2011 – 100 Members
2011/2012 – 200 Members
Sponsorship
Strategic Partnerships
DFA 15 th Annual Wine and Cheese
Networking event for 90 students and 30 industry delegates
Designations in Finance
CFA, CBV, CA, CMA, CFP
Stock Market Challenge
Investopedia.com $100,000 portfolio simulation
McMaster Capital Markets Conference
Keynote speakers, young professionals panel, networking mixer
Faculty & Elective Night
Financial Modelling Courses
Boston Pizza Social
Edward Jones Investments Social
Over 25 electives – more than any business school in Canada!
Banks, trusts, credit unions, insurance brokers, securities dealers, mutual funds, financial advisors, & pension funds.
Banks have $1 trillion in assets
500,000 employed; 50% Toronto
New York, Chicago, Toronto
RBC, TD, Scotia, BMO, CIBC
Manulife, Sun Life
RBC AM, IGM, CI Funds, TD AM
Toronto: 7,500 CFAs
Investment Banking
Facilitating transactions associated with marketable securities; this includes raising capital, underwriting, or mergers and acquisitions;
Analysts and associates will work 70 – 120 hours per week.
Sales and Trading
Buying and selling stocks and bonds to earn money on each transaction;
Work on the trading floor and broker trades between institutions.
Equities Research
Research and report on securities in the market giving buy or sell rating;
Supports investment bankers and traders with their market knowledge.
Wealth/Asset Management
Investment advisory, financial planning, and portfolio management;
Clients include high net-worth individuals, small businesses, families;
Investment advisors and financial planners will oversee a client’s assets
(cash, property) and invest/protect it strategically to grow its value;
Portfolio managers at investment funds build diversified portfolios for investment advisors to offer clients; Sales vs. Analysis.
Designations – Certified Financial Planner, Chartered Financial Analyst.
Private Equity
Equity investments in companies not publically traded on an exchange;
Private equity firm, venture capital firm or an angel investor.
Case Study:
PE Fund borrows $9mn from bank -> additional $2mn from partners
(fund managers) and limited partners (pensions, rich investors).
Buys $11mn equity stake (100%) of underperforming company after due diligence (checking the books).
Replaces senior management, reduces workforce, sells some assets -> stockmarket is bullish over the two years of management (comparables valuation has increased);
They sell in buy-out for $15mn yielding income of $4mn -> loan with interest of $0.5mn then paid down, leaving $3.5mn (75% ROI) to be shared among the partners.
Any Questions?