DOHA: Duane Seppi, BNY Mellon Professor of Finance at Carnegie Mellon University’s Tepper School of Business, shared expertise in international financial markets on CMU-Q campus as part of Richard M Cyert Distinguished Lecture in Business Management.
Attended by students, alumni, faculty and members of Qatar Foundation and the community, the presentation focused on the evolution of international financial markets, specifically electronic platforms within stock markets.
Seppi explored principals of algorithmic trading — the use of computer algorithms to manage the trading process, a popular method to buy and sell stock by investment banks, pension and mutual funds and other traders.
Seppi said the “algorithmic market” is creating challenges for investors and computer programmers due to potential glitches and human errors.
“Andrew Carnegie and Steve Jobs were able to grasp the business aspect of the industry and its technological side, making them some of the most successful leaders of our time. The financial sector needs business people who understand technology and programmers who understand business.”
The lecture is named after Richard M Cyert who was professor and dean of Tepper School of Business and president of CMU between 1972 and 1990.
CMU’s interdisciplinary education allows students to learn about different industries through four disciplines — business administration, computer science, information systems and biological sciences. For details on how to apply to CMU-Q undergraduate programmes, visit www.qatar.cmu.edu/admission. The application deadline for fall 2015 is March 1.
The Peninsula
