West Windsor, N.J. – Students studying Business Administration at Mercer County Community College (MCCC) focus on the foundations of running a business in both the U.S. and internationally. That curriculum covers a lot of ground, including business ownership, statistics, economics, accounting, and human resource management.
But perhaps the best place for Business students to start is the handling of their own finances. To get that planning under way, the MCCC Global Business Club hosted a lunchtime financial talk on March 3 with Sallah Khan, a Wells Fargo branch manager in Trenton.
Khan, who studied at Mercer for a year before earning his bachelor’s degree at Rider University, was an engaging speaker, mixing humor and personal anecdotes with the serious business of managing and growing one’s wealth. He offered advice on establishing credit, managing credit card debt, budgeting, and the importance of saving.
Khan counseled the 40 or so students in attendance to carefully evaluate their spending. “There is a difference between needs and wants,” he stressed. “Do you need the latest cell phone – or just want the latest cell phone?”
And, Khan encouraged every student to be ready financially for wherever life leads them – and to do some good along the way. Khan serves as a trustee for the Capital K-9 Association, a non-profit dedicated to providing equipment for Mercer County police dogs.
He says he finds his volunteer work very meaningful, and notes that community service comes with the added benefit of building networking opportunities and resumes.
On Feb. 25, five Business students, along with Professor Laura Sosa, headed to Philadelphia as guests at another extracurricular event. The MCCC group was invited to the 14th Annual Mid Atlantic Hedge Fund Association (MAHFA) conference in 2016 at the Union League of Philadelphia. Afroz Qadeer, a local investment manager who is MAHFA president, extended the special invite to Sosa and her students. “Mr. Qadeer was familiar with MCCC and the quality of our students through his two prior visits to the Global Business Club,” Sosa said.
According to Sosa, the conference was an unparalleled opportunity for students to hear from some of the top people in the business world.
The distinguished panel of speakers included Michael Lewitt, a private investment fund manager, author and publisher of the monthly newsletter The Credit Strategist; Matt Zaklad, co-founder and CEO of China Six, LLC, a firm that focuses on the Chinese economy; and Andre Mehta, a Senior Managing Director at Cambridge Associates, one of the largest investment and financial consulting firms in the U.S. The panel’s moderator was Dan Greenhaus, a frequent CNBC and Bloomberg contributor and chief U.S. economist and strategist for a large asset management firm in New York.