wpperspectives Vol. 8 No. 3 November 2010
William Paterson Students Win First Place Award in National Financial Planning Association Competition Three William Paterson students, Nathan Phillips, Nicholas Scheibner, and Cagla Yildirim, won the first place overall award in the National Financial Planning Challenge at the National Financial Planning Association (FPA) conference in Denver, Colorado recently. Their team was one of eight finalists who were flown to Denver, Colorado for the three-day final phase of the contest, where they competed in a Jeopardy-style knowledge bowl, and had thirty-six hours to adjust their financial plan after a “life-changing event” occurred in the life of their sample client. They presented their plan to a group of professionals and professors who were judges at the conference. “You can either wait for opportunities, or you can create your own,” says Scheibner, a senior focused on a career as a financial planner, who recently cofounded the first official student chapter of the FPA in the United States on the William Paterson campus which led to the competition. Concerned about facing a competitive job market and hoping to avoid a behind-the-scenes financial analysis job where continued on page 6
Xiaocun Wang (center), chairman of the University Affairs Committee at Zhejiang University of Technology, and President Kathleen Waldron sign the partnership agreement. Looking on is Shuyi Jia, a global business major
University Signs Partnership Agreement With China’s Zhejiang University of Technology William Paterson has signed a sister university strategic relationship memorandum with Zhejiang University of Technology in Hangzhou, China, that establishes the University as the Chinese university’s Students Overseas Training Center for North America. Xiaocun Wang, chairman of the University Affairs Committee at Zhejiang University of Technology, as well as several other university administrators, visited the campus on September 24 to sign the agreement, which designates William Paterson as Zhejiang University of Technology’s preferred higher education partner in the United States. In establishing the training center, Zhejiang will send students to William Paterson for short-term programs administered through the University’s Cotsakos College of Business. Programs include hands-on training in finance, biology and environmental science, and American culture, with plans to expand to computer science and other disciplines in the future. “We are honored that Zhejiang University of Technology has selected William Paterson as its preferred strategic higher education partner in the United States,” says Kathleen Waldron, president of William Paterson University. “We are proud to collaborate with such a distinguished Chinese higher education institution.” “We have enjoyed a long relationship with Zhejiang University of Technology and we look forward to expanding and developing programs that are mutually beneficial to our institutions,” says Edward Weil, provost and senior vice president for academic affairs. Zhejiang University of Technology is situated in the city of Hangzhou, one of the ancient capitals of China. The university, with an enrollment of approximately thirty-five thousand students, is considered one of the top one hundred institutions of higher education in China.