Thursday March 18, 2010

Survey Says...

Tomorrow's financial leaders attending the world's largest student investment forum say the federal deficit is most important issue facing nation.

The federal budget deficit is the most important issue facing the country today, according to business and finance students who participated in a poll March 18 during the world's largest student investment forum at the University of Dayton.

About 43 percent of students responding to the poll said the deficit was the most important issue, outpolling the economy (25 percent) and health care (24 percent). In comparison, more than half of the people responding to the same question in a CBS News/New York Times poll in early February said the economy/jobs was the most important issue.

Students attending the first day of the RISE X Global Investment Forum were invited to vote via text message, results were shared immediately via Twitter and Facebook and were announced at the forum as well. The number of responses to the various questions ranged from 261 to 403. Other results were:

  • Nearly 30 percent thought nuclear power would outperform all other industries in the energy field during the next 10 years, with petroleum and solar close behind.
  • About half (51 percent) predicted that one year from now, the Dow will be somewhere between 11,000 and 11,900.
  • The students overwhelmingly (56 percent) said they trusted neither Wall Street nor Congress, but about one-third said they had greater trust in Wall Street. Congress received only 6 percent of the votes.
  • More than half of the respondents said that it was very important or extremely important that their careers or work result in a benefit to society, while 19 percent said it was not important.
  • In terms of job outlook, nearly a third of the students said they thought it was either very or somewhat unlikely that they would find a job in their field. Nearly a quarter said it was very likely they would.

For complete results, visit the related link.

About 1,500 students, faculty and professionals are participating in the RISE X (Redefining Investment Strategy Education) forum sponsored by the University of Dayton in association with the United Nations Global Compact.

"Today's students have had front-row seats on some of the most tumultuous times in the history of the world's economy and they represent the next generation of financial leaders," said Matthew Shank, dean of the University's School of Business Administration.

Celebrating its 10th anniversary, RISE (Redefining Investment Strategy Education) is a financial forum for students, faculty and professionals featuring discussions with internationally known leaders on topics including markets, governance, risk management and energy and sustainability.

RISE X runs through Friday, March 20, with student and faculty breakout sessions, workshops, networking receptions, a career strategies forum and an optional portfolio competition.

Follow RISE in several ways: monitor tweets by searching hashtag #UDrise or become a fan of "University of Dayton Media Relations" on Facebook.

For more on the event, visit the related link.

For more information, contact Cilla Shindell, director of media relations, at 937-229-3257 or shindell@udayton.edu.

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