Finance Concentration – What Will I Learn?
James Cicon: So the roles that my courses play in the students’ professional development are critical. The bottom line is a firm has to make money. A firm is like an organism, it’s like a tree. We put an apple in the ground and a tree comes out and it produces 10 apples. An organism to survive has to produce more than it consumes — casuals, value of products – and that’s what I teach my students.
Technology is woven into my curriculum in kind of an indirect way. I’m not going to tell you that I use technology specifically at a certain device. Where I use technology is I keep track of how technology is evolving through the business. See I’m an engineer, I’ve been an engineer for 20 years, and I am a technologists, that’s just what I am. But I’m also a finance professor. And so what I love, what I really love is when a company is struggling with technology issues and we pick that apart. When Facebook was IPO-ing that was a great whole semester’s worth of material for my class. Now Twitter’s IPO-ing. When these companies are having problems in technology or problems we pick up on that and we discuss it and why have bad decisions been made, why have good decisions been made, are the bad decisions bad technology decisions causing profitability to drop or how are the good decisions increasing profitability in the company.