Five Cal State Fullerton students at the Titan Capital Management program at the Los Angeles local competition.

Students in the Titan Capital Management program at the Los Angeles local competition in February 2020.

Cal State Fullerton finance students in the Titan Capital Management (TCM) applied stock and bond portfolio program took the top spot at the Chartered Financial Analysts (CFA) Society Los Angeles local competition in February and are now headed to the Americas level round on April 21.

Originally scheduled to take place in New York City, the national round will now occur by video conference, in light of the ongoing coronavirus crisis.

The competition involves detailed research on a target company, including assessments of economic and industry conditions, financial analysis and forecasting, organizational structure review, and risks. Over a span of three months, the students wrote an extensive investment research report on the target company, and then presented their findings to a panel of professional judges, who are CFA charterholders and industry practitioners.

As the competition simulates real-world stock market experience, it is the perfect avenue for students to perfect their investment research and presentation skills. Read More

Robert Kargenian at a business meeting

Bob Kargenian ’81, a longtime supporter of Cal State Fullerton’s baseball program

Cal State Fullerton is a well-known baseball school, and its baseball and softball players get top-notch athletic and physiological training. They are also prepared for successful financial futures, thanks to Bob Kargenian ’81 (sports administration), the founder and president of Orange-based TABR Capital Management.

For six years, Kargenian, a proud Titan and baseball aficionado, has spearheaded an annual three-hour seminar held at the university’s Mihaylo College of Business and Economics. The workshop covers taxes, Social Security and Medicare, FICO scores, debit and credit cards, mortgages and loans. Each attendee also receives a money management book.

Kargenian, a board member for Mihaylo College’s Titan Capital Management applied student-run investment program, also established a record $200,000 baseball scholarship endowment providing funding for two recipients each year who excel at both academics and baseball.

Read more about the financial training program and scholarship, Kargenian’s story, and his impact on students in this article by Cal State Fullerton Athletics.

Quizlet is a free mobile app and website that allows anyone to create flashcard study guides to learn material from your classes. With the app, you may create flashcards in various modes, including traditional term/definition reviewing, multiple-choice tests, matching and games.

Quizlet was launched in 2005, and while predominantly present in high schools, it is now getting more popular with college students and allows users to customize the program for what they are using it for.

Let’s say you have an upcoming test. You can use Quizlet study aides on your phone or laptop, and the newly added collaborative mode allows friends to divide the tasks in creating a study set, which makes the process of creating a study guide faster.

The “learn” mode on the website adds an extra layer of studying with multiple-choice quizzes. If your answer is wrong, the card will reappear later to try again.

The “test” option on the app benefits learners as it creates a mock test similar to what you may be taking in the classroom. The user can pick any number of terms to appear on the test they create, customizing it with matching, write-in, multiple choice or true/false questions. The customizations allow for the variety of exam formats that teachers and professors choose for their courses.

Quizlet also offers game modes such as “Match” and “Gravity,” making studying more fun and interactive. With “Match,” you pair terms by dragging them onto one another with the goal of making them all disappear. In “Gravity,” you must match the term before an asteroid hits Earth, so essentially saving the planet by knowing your material. If you miss a term twice, you automatically get hit with the asteroid and destroy the planet. You can choose from easy, medium or hard, as well as answering with either the definition or term.

Another helpful element of Quizlet is the ease of access study sets others have created. You can search your subject and find related content, which may be helpful if you do not have time to create your own set.

Quizlet, which is available in the app stores for most mobile platforms, is a resource that helps students of all ages review for their courses. With midterms and finals seemingly always around the corner, you may want to give it a try sooner rather than later.

Diane Swonk, chief economist at Grant Thornton

Diane Swonk

Hundreds of accounting and regulatory professionals, academic faculty, and students will gather at the Hotel Irvine on Sept. 25, 2020, for the 19th annual SEC “Hot Topics” Conference, which provides an update on financial reporting from a business, legal and technological standpoint.

Intended for C-Suite executives, accountants, lawyers, academics and financial professionals, the annual event is presented by the Center for Corporate Reporting and Governance at Cal State Fullerton’s Mihaylo College of Business and Economics. The center provides continuing education and networking opportunities to accounting and finance professionals, as well as connections for academics and career-growth opportunities for students.

The keynote speaker at this year’s event is Diane Swonk, chief economist of Grant Thornton LLP. Swonk is one of the most respected macroeconomists of our time, providing expert commentary on monetary policy, economic structural changes as distinct from cycles, and the economics of the labor market. Her analysis is sought by both government policymakers and journalists. She is a fellow of the National Association for Business Economics (NABE) and a member of the Council on Foreign Relations.

Other highlights of the event will include expert discussion trends, such as artificial intelligence, and updates to public and private regulations.

Professionals attending the conference have the opportunity to earn CPE/MCLE credits.

On the previous day, some of the greatest accounting and auditing academic minds will gather at the Hotel Irvine for the center’s annual Haskell & White Conference, jointly hosted by Haskell & White and the Managerial Auditing Journal, featuring discussion and peer review of research papers related to technology and accounting.

Register for the SEC “Hot Topics” Conference before July 12, 2020, to receive reduced “early-bird” prices.

For more information on the Center for Corporate Reporting and Governance, reach out to them at 657-278-4414 or ccrg@fullerton.edu.

Professors and supports of Cal State Fullerton's School of Risk Management and Insurance celebrate the insurance program's new identity in November 2019. Cal State Fullerton’s Center for Insurance Studies, the largest risk management and insurance education program in the western U.S., was officially renamed the School of Risk Management and Insurance in late 2019.

The name change marked the culmination of years of effort to expand the focus and reach of the program, which supports undergraduate and graduate education in such fields as insurance sales and management, risk management, and actuarial science.

“It will take our organization to another level,” says Professor of Finance and Director Weili Lu, who has led the insurance education program since its founding in 1998. Read More

View of the Cal State Fullerton campus from University House apartments.Cal State Fullerton is celebrating the news that the Western Association of Schools and Colleges (WASC) Senior College and University Commission (WSCUC), the higher education arm of the most esteemed educational accreditor in the western United States, has granted the university a full and maximum 10-year accreditation.

Accreditation by this non-governmental body solidifies student and parent confidence in Cal State Fullerton, eases academic credit transfer, expands financial aid options, and supports the positive reputation of the university within the community.

Adherence to the Handbook of Accreditation, which examines quality assurance and educational effectiveness, along with compliance with state and federal laws, are factors in granting accreditation.

“One of the WSCUC senior leaders informed us that only a very small percentage of the institutions they review earn the full, maximum 10-year accreditation — putting CSUF in exceptional territory,” says Fram Virjee, Cal State Fullerton’s president.

The honor comes just one year after the university’s Mihaylo College of Business and Economics maintained dual accreditation – of both the business school generally and its accounting education program specifically – for an additional five years from the Association to Advance Collegiate Schools of Business (AACSB), the most respected business school accrediting body.

Read more in this CSUF News article.

White Nelson Diehl Evans headquarters in Irvine, CaliforniaWhen Southern Californians need accounting services, chances are at least some of the professionals involved will be Cal State Fullerton accounting Titans.

That’s because accounting firms in Orange County and beyond – from offices of the Big Four firms to boutique establishments and family-owned practices – rely on the college’s versatile and diverse graduates for the next generation of talent.

Titan Grads Are a Majority at White Nelson Diehl Evans

Accounting alumnus Paul Treinen ’90, a managing partner at White Nelson Diehl Evens LLP, an Irvine-based tax and auditing firm, conducted an internal survey of the accountants on his staff and found that 60% were Cal State Fullerton graduates.

“We’ve had a long tradition of hiring Fullerton grads, but I was surprised at how high the percentage was,” he says.

As vice chair of the audit committee of Cal State Fullerton’s Philanthropic Foundation board, Treinen sponsored a lunch where his employees discussed their Titan experiences with CSUF President Fram Virjee and faculty members from Mihaylo College.

President Virjee said the high percentage of Cal State Fullerton grads didn’t surprise him, and demonstrates the impact of the university on the Orange County community.

“When I speak with CEOs in Orange County, I’m often told, ‘About half of our workforce consists of Titans. I’ll take a Titan any day,’” he says. “We need Orange County and the county needs us. With almost 300,000 alumni, many of whom stay in Orange County and Southern California, the university reflects the community and prepares students to be workforce ready.”

For More Information

Read more, including the testimonials of several Mihaylo alumni working at White Nelson, in this CSUF News article.

Run an accounting firm and suspect a lot of your staff are Titan grads? Consider doing your own survey. And then reach out to the Department of Accounting at accountingdept@fullerton.edu with your results. We’d love to know!

Discover more about the Mihaylo College accounting program.

The director and members of the Cal State Fullerton Sales Leadership Center

Brad Anderson (second to right) with student members of the Sales Leadership Center.

Despite a rise in automation and artificial intelligence (AI), sales will always be a relevant career path, according to Brad Anderson, the director of the Sales Leadership Center at Cal State Fullerton’s Mihaylo College of Business and Economics.

“There will always be sales,” he says. “The technology will expand, the amount of data will increase, they will try to automate. But you can’t replace salespeople. A machine will not know what’s new that someone created or that something is available unless someone tells the machines.”

However, Anderson does anticipate customer/salesperson interaction to shift in coming decades, with buyers seeing fewer salespeople and the culture of social media necessitating new ways of penetrating potential buyers. Read More

Cal State Fullerton accounting students provide tax preparation services to their peers and other low income residents of Orange County.

Photo from CSUF News

Each year, hundreds of low-income Orange County residents, including many Cal State Fullerton students and their families, receive no-cost professional tax preparation through the Volunteer Income Tax Assistance (VITA) program at CSUF’s Mihaylo College of Business and Economics.

The program, in which 80 IRS-trained accounting students offer free tax preparation services to people who may otherwise not be able to afford professional tax assistance, was recognized by Accounting Today, a major new York-based trade magazine in the accounting industry.

The VITA program is currently serving taxpayers each Friday and Saturday from 9 a.m. to 4 p.m. at EC-008, in the lower level of the Education Classroom building on the Cal State Fullerton campus. The service is available to California residents who are employed or are self-employed, provided their income (or combined household income) is $60,000 or less.

For more information or to make an appointment, visit csufvita@gmail.com or visit @CSUFVITA on Facebook. Be sure to bring all necessary tax documents and official identification when having your taxes prepared.

For More on Accounting

Cal State Fullerton’s Department of Accounting offers undergraduate and graduate education programs preparing today’s students for the high-tech accounting, auditing, tax and financial regulatory fields.

Read more of our articles on Mihaylo accounting and its impact.

Pawel Kalczynski, Cal State Fullerton ISDS professor, at his desk at Steven G. Mihaylo Hall in this 2009 image. After studying computer science in his native Poland, Pawel Kalczynski (pronounced Pavel Cal-chin-ski) joined the faculty of Cal State Fullerton’s business college in 2007, where he teaches both undergraduate and graduate coursework in business modeling; information resources and IT project management; business data transformation; and systems analysis, design and development.

With research appearing in peer-reviewed journals in both the U.S. and Europe, Kalczynski is known in his field for his interest in making business processes more efficient and effective.

Kalczynski shares with us a bit about the information systems and decision sciences profession, his research, the differences between information systems in his native Poland and the U.S., and his passion for soccer. Read More