Gift from Girard School Parents Creates Student Opportunities
With a gift from a Fidelity executive and his wife, parents of a Girard School graduate, the school’s markets lab has a new name – the Mucci Capital Markets Lab – and the school has added capacity to enhance students’ experiences.
The year-old lab includes 15 Bloomberg terminals on which finance students gain proficiency in an investment tool that is vital in the financial world. Bloomberg certification is critical for anyone seeking a job in the competitive financial services industry.
“This really puts students in touch with the real world of finance and investing,” says Paul Mucci, who has worked at Fidelity Investments for more than 20 years. “If they are looking for jobs as traders, analysts or almost any other type of job with an investment firm, this certification gives them an advantage in the job market.”
Mucci and his wife, Joyce, met with Girard School Dean Mark Cordano shortly after he joined the school in 2011. “We were impressed with the direction he wanted to take the business school,” says Mucci, a CPA who is president of both Impresa Management LLC and Star Horizon LLC, entities that manage investments on behalf of Fidelity employees.
Cordano’s vision for the Mucci family’s gift is that it will expand existing experiences for Girard School students, lead to new activities, and fund on-campus events that students have sought.
The Muccis’ gift will enable more students to attend the annual G.A.M.E. Forum in New York City, where thousands of business school students and faculty interact with industry leaders and learn best practices. “Taking a larger group of students creates more interest among employers who want to recruit our students,” Cordano says. “This interest can be leveraged into alumni events that start to build a presence in New York City for the Girard School.”
On campus, he continues, students have wanted to start an investing event that focuses attention on their investment knowledge and brings in professionals to judge their expertise. The Mucci gift allows the school to pilot an investment challenge with the finance club this semester. “The idea is to learn how to best structure this event for student learning and the inclusion of experienced professionals,” Cordano says.
At Mucci’s invitation, Cordano took finance students to Fidelity for a daylong exposure to its trading rooms soon after he started as dean in 2011. Since that time, Dean Cordano has worked to bring a Bloomberg lab to the Girard School. Most large financial firms subscribe to the Bloomberg Professional service, which provides real-time financial data, news, and other information to support sophisticated trading. Those firms’ employees must be Bloomberg certified.
“Joyce and I felt that if the students graduating could come out of Merrimack with a Bloomberg certification then that would be a competitive advantage for them when competing against the students graduating from Boston College, Boston University, and other larger local business programs,” Mucci says.
He graduated from Boston College in 1973, Joyce from Regis College in 1977. His work experience includes the former Ernst and Ernst, Wang Laboratories, and General Cinema before Fidelity. Their son, Nicholas Mucci ’07 is director for FMR LLC Capital Planning.