Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Sir John Key opens new UC Trading Room

Sir John Key opens new UC Trading Room

Former Prime Minister and University of Canterbury (UC) alumnus, Rt Hon Sir John Key was on campus today to officially open the new Trading Room in the UC Business School.

The UC Trading Room simulates a financial trading environment, providing business and finance students with experiential learning and skills in fund management.

The Pro-Vice-Chancellor of UC’s College of Business and Law, Professor Sonia Mazey, says business and finance students will gain first-hand experience of market concepts and behaviours and will have the opportunity to develop financial trading skills in stocks, futures, options, currencies and bonds.

“The UC Trading Room takes an innovative approach to learning, offering real-world experiences that cannot be provided within a traditional classroom. This new teaching facility will enhance what is already a strong education programme.”

The 12-seat facility includes a live stock ticker display, access to business news feeds and a range of electronic business databases including Bloomberg, Thomson Reuters DataStream, Global Financial Data and SIRCA. It will be used primarily for teaching undergraduate and postgraduate courses in finance across three programmes – the Bachelor of Commerce, the Master’s degree in Applied Finance and Economics, and the Master’s degree in Financial Management.

Finance Associate Professor Jedrzej Bialkowski says the Trading Room offers UC students a number of benefits.

“Students will learn about the role technology plays in transforming businesses and creating value, and they will become familiar with the digital tools used in the industry. They will also learn about risk-return profiles and the commercialisation of innovations and gain an understanding of ethical issues and socially responsible investments.”

UC Vice-Chancellor Dr Rod Carr says the Trading Room demonstrates UC’s commitment to producing work-ready graduates who are engaged with industry and leaders in their chosen field.

“UC business and finance graduates will gain key transferable skills that will enhance their employability within a global market. The experience the UC Trading Room provides ensures they will have the knowledge, practical skills and personal attributes required to succeed in the industry.”

It’s not just UC students who will benefit from the facility. Associate Professor Bialkowski hopes to see the UC Trading Room become a centre for increasing financial literacy in the wider community.

“Our future vision is to hold information sessions in the UC Trading Room for Christchurch locals. In today’s environment, financial education is more important than ever. With investment schemes like KiwiSaver, people are becoming more responsible for planning their own financial futures.”

The UC Business School will also use the Trading Room to host high school outreach activities and make the facility available to all UC students and staff for research projects, UC Centre for Entrepreneurship students, the UC Investment Society and industry partners.

Professor Mazey says the UC Business School is extremely grateful to the UC Foundation for its generous support towards the establishment of the Trading Room.

“It would have been harder to create this innovative learning space without the support and generosity of the UC Foundation and its donors.”

© Scoop Media

Business Headlines | Sci-Tech Headlines


Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>


Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>


MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>


Mediaworks: Reaches Agreement To Sell TV Operations To Discovery, Inc.

New Zealand’s largest independent commercial broadcaster MediaWorks and the global leader of real-life entertainment Discovery Inc. (“Discovery”) are pleased to announce they have reached a binding agreement regarding the sale of MediaWorks’ ... More>>


Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>


NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>


Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>


SAFE: Live Export Ship Carrying 5,800 New Zealand Cows Goes Missing In East China Sea

Livestock carrier Gulf Livestock 1 sent a distress signal at 4:45am NZT yesterday in the East China Sea. The area is affected by Typhoon Maysak. At 4pm a patrol plane spotted a lifeboat - with no people in it - and a man in lifejacket nearby. The ship ... More>>


FMA: Kiwisaver Fees Don't Match Performance

The Financial Markets Authority (FMA) today published an independent report into the passive and active investment management styles [i] used by KiwiSaver providers. The FMA commissioned MyFiduciary to test the extent that KiwiSaver providers were ... More>>