<p>Can anyone shed any light on what universities have the best trading rooms? From what I've seen, Bentley University, Tulane University, and MIT have pretty advanced/expensive trading rooms....</p>
<p>UT Austin has the AIM Trading Room: [MBA</a> Investment Fund, L.L.C.](<a href=“http://www.mccombs.utexas.edu/aimcenter/AppInvMan/facilities.asp]MBA”>http://www.mccombs.utexas.edu/aimcenter/AppInvMan/facilities.asp)</p>
<p>Does Harvard have one?</p>
<p>Also, what significance does this play for undergraduates (if any)?</p>
<p>I haven’t looked at Harvard…</p>
<p>Significance? Well, for those interested in trading, learning trading techniques/strategies, experience with bloomberg terminals and other commonly used industry tools…these trading rooms can provide a student these services as well as an environment that mirrors that of the industry.</p>
<p>Are undergraduates (say at MIT and Harvard - if they have a trading room) allowed to use the facilities?</p>
<p>Looks good though.</p>
<p>Absolutely no significance at all</p>
<p>Bentley University has an amazing trading room. The resources available are great for class projects as well as for information for real investing. The Bentley Trading Room also has a partnership with NASDAQ</p>
<p>Not significant at all, my school had a trading room.</p>
<p>I believe if you are in the financial analyst program at McCombs you can do stuff in the trading room as an undergraduate, though it is typically reserved for MBAs at any university.</p>
<p>Babson College has the Cutler Center which is more of a student investment lab, part of the library, with an awesome setup of Bloomberg, Factset, CapIQ and other tools. What’s cool is that it is not a classroom, but a place to hang or work with others who are doing portfolio analysis, company modeling, fixed income and security valuation, etc and also sponsors a trading competition. Bentley is cool, but Cutler feels like my living room with Bloombergs.</p>
<p>If you want to see where various schools have finance labs check out the google map on [Finance</a> Labs | Trading Rooms | University Finance Lab](<a href=“http://www.universityfinancelab.com%5DFinance”>http://www.universityfinancelab.com)</p>
<p>There was also an interesting article on these trading room in the NY Times a few months ago [Business</a> Schools Add Mock Trading Floors - NYTimes.com](<a href=“Business Schools Add Mock Trading Floors - The New York Times”>Business Schools Add Mock Trading Floors - The New York Times)</p>
<p>Penn State has a trading room that undergraduates use in the Nittany Lion Fund. Check it out.</p>
<p>The map at [Finance</a> Lab Information | Trading Room White Papers | University Finance Lab](<a href=“http://universityfinancelab.com/resources]Finance”>http://universityfinancelab.com/resources) is slowly filling up. 40 schools are listed with labs are listed at this point and hope by the end of the year we have all of the estimated 200 surveyed and mapped.</p>
<p>if you know of any not on the map please refer them to the site to fill in their profie.</p>
<p>For those of you interested in checking out what some of these finance labs look like check out these video tours for:
Texas State [Texas</a> State University - Rise Display](<a href=“http://www.risedisplay.com/videos/texas-state-university/]Texas”>Texas State University - Rise Display)</p>
<p>Molloy College [Molloy</a> College - Rise Display](<a href=“http://www.risedisplay.com/videos/molloy-college/]Molloy”>http://www.risedisplay.com/videos/molloy-college/)</p>
<p>U of Michigan Flint [University</a> of Michigan Flint - Rise Display](<a href=“http://www.risedisplay.com/videos/michigan-flint/]University”>http://www.risedisplay.com/videos/michigan-flint/)</p>
<p>Robert Morris [Robert</a> Morris University - Rise Display](<a href=“http://www.risedisplay.com/videos/robert-morris-university/]Robert”>http://www.risedisplay.com/videos/robert-morris-university/)</p>
<p>Penn State Smeal has one</p>
<p>Howdy
Over 250 business schools have trading rooms. You are asking the right questions: How are they actually used. In my experience very few are used for actual classes. You need to press the admissions folks (and Dean etc.) to tell you exactly how the rooms get used.
(Full disclosure: I run the trading room at Baruch College, CUNY)</p>
<p>Cheers,</p>
<p>Prof. H.</p>