A four-zone digital wall clock ticks away as investment transactions span from Asia to Australia and from Europe to the United States. Bloomberg and Reuters financial data flash across large flat-screen panels. An 8-foot, scrolling tri-color ticker runs rampant with up-to-the-minute stock values.

What may appear to describe the investment centers in America's top asset management firms, in actuality also describes the Capital Markets Investment Center planned for Baylor's Hankamer School of Business. The School is expecting that Fall 2003 will mark the beginning of a new era in Hankamer's Finance program: the portfolio practicum class will be taken to a new level with the state-of-the-art investment center. Equipped with leading edge technology replicating the equipment found in the nation's top investment firms, Hankamer's investment center will allow graduate students and senior Finance majors hands-on learning in the truest sense of the word -- a portfolio worth more than $1 million will be managed from the center.

"The Phil Dorr Endowed Investment Fund is a very mission-driven program," Dean Terry Maness said. "Our mission calls for us to engage students in active learning -- this program really does that. You can read about it and you can write papers, but until you are actually managing real money and being held accountable for it -- there's just no comparison."

Coupled with the student-managed Phil Dorr Endowed Investment Fund, the new investment center will provide a full immersion into the world of investment management.

Brian Bruce, director of Global Investments at PanAgora Asset Management in Boston, is the primary instructor of the course. Dr. Bill Reichenstein, professor of finance and holder of The Pat and Thomas R. Powers Chair of Investment Management and the on-campus co-teacher, said "This course has a rigorous framework... but it is essential for first-hand knowledge of the industry."

In addition to Bruce and Reichenstein, experts in stock picking and asset allocation, respectively, the students also benefit from the knowledge shared by many other industry leaders. The class's list of investment advisors reads like a Who's Who of Wall Street, and outside presentations by representatives from top investment firms, like Goldman-Sachs, are part of the curriculum.

As fall 2003 approaches quickly, funding for the investment center is beginning to fall into place. Construction may begin as early as June, but several capital opportunities are still available. For more information about how you can be involved, contact Terry Maness at 254-710-3411.

About Baylor Business

Students at Baylor's Hankamer School of Business encounter a variety of experiences that strengthen their value system, develop their leadership skills and help them build a global perspective based on a strong Christian foundation. Today, there are approximately 3,500 students enrolled in Baylor's business school. More than 22,000 Baylor Business Alumni are making a difference in business, in the world, and most importantly, in the lives of people.

Baylor University is rated as a "Best Buy" in the 2002 Fiske Guide to Colleges.

The Baylor Business undergraduate program ranks in the top 16% of accredited collegiate business programs in U.S. News and World Report.

Baylor Business graduate programs also garner national attention. The MBA program is rated in the top 20% of accredited collegiate business programs in U.S. News and World Report. In addition, the MBA program is ranked as one of the "Top 80 Business Schools in America," in The Princeton Review.

Baylor Business Executive MBA programs are recognized for excellence world wide. The Dallas EMBA is ranked 1st in the Dallas/Fort Worth metroplex, 14th in U.S. and 25th in world by The Financial Times.

Baylor's EMBA programs are rated Tier One by US News and World Report.

The Entrepreneurship program is ranked 1st Tier by Entrepreneur magazine and 9th by U.S. News and World Report.

The Accounting program is ranked 10th by The National Association of State Boards of Accountancy, for pass rate on 2000 CPA exam.

For more information about the Hankamer School of Business visit http://business.baylor.edu.

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