New Financial Lab Opens at Saint Xavier

It might look like a normal neighborhood house from the outside, but once you step inside things get a bit more high-tech. 

Saint Xavier University's Graham School of Management recently opened the Center for the Study of Financial Markets and Derivatives. The hands-on learning environment gives students the opportunity to use financial technology. 

"It is very powerful because students can see real-time data coming in," said Dr. Muhammad Chishty, the director of the center. 

Much of the equipment was made possible through grants. Students can use FactSet and Bloomberg terminals, which gives them real time market information. Currently, the only other area schools that use FactSet are the University of Chicago and Northwestern University, Chishty said.

The center offers classes for both finance majors and as electives. In addition, they have already begun to reach out to the community and local schools.

Students from the Chicago High School for Agricultural Sciences will be able to take courses and other local high schools have expressed interest in the center.

Chishty also says that they will soon offer non-credit courses to community members looking to learn about financial markets and trading.  

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