College of Business

Cryptocurrencies and Bitcoins Workshops are a Huge Success

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The College of Business at PVAMU successfully organized two continuing education workshops last month titled “Bitcoins, Cryptocurrencies and Block Chain Technology,” and “Fraud and Forensic Accounting Workshop.”
Dr. Hesam Shahriari, assistant professor of finance, led the currency and technology workshop on Saturday, Sept. 8. The event hosts were pleased to see a diverse group of participants in attendance, which included at least two faculty members, one EMBA student, as well as professional accountants and lawyers.
“The rise of the Bitcoin phenomenon has captured widespread public attention, globally.  Given the concept and the underlying technology are fairly complicated, we believe there is a market for educating professionals on these topics,” said Dr. Munir Quddus, dean of the College of Business at PVAMU, said. “This gave us the idea that offering two non-credit seminars, one for the beginners, and a second one for those more advanced would be well-received. It was good to see a diverse group of accountants, lawyers and entrepreneurs register and participate in these seminars.”

The forensic accounting workshop took place on Thursday, Sept. 13 and was led by Dr. Larry Crumbley, a visiting professor in the department of accounting, finance and MIS. The event aimed to provide a comprehensive coverage of forensic accounting, which is a growing area of practice in which the knowledge, skills and abilities of advanced accounting are combined with investigative expertise and applied to legal problems. The workshop was updated with new fraud schemes, numerous examples and stories, and many forensic techniques and tools. Certified public accountants, certified internal auditors, certified fraud examiners, forensic accountants, governmental accountants, attorneys, other accounting/auditing professionals and educators were all encouraged to attend.
Quddus noted that from PVAMU’s mission and accreditation perspective, these workshops are an excellent example of the programs the university can engage in to improve its impact, relevance and visibility in the business community.
“Implementing these workshops and other COB non-credit programs at the NWHC is key as we build-up our portfolio and reputation as a credible source of innovating offerings in Houston for businesses and those interested in lifelong learning,” he said.  
By Emilia Benton
The post Cryptocurrencies and Bitcoins Workshops are a Huge Success appeared first on PVAMU Home.

Finance Professor to Host “Money Matters” Financial Planning Event

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While many college students are likely somewhat aware of the importance of financial planning in their adult lives, they likely don’t realize it should start even before their college graduation.
Danny Harvey, a finance professor and financial planning program director at the university, is aiming to change those attitudes. Harvey will be hosting “Money Matters,” a seminar highlighting the various key aspects of financial planning on Thursday, Nov. 8 in the MSC Ballroom. The event will include a panel discussion for students at 4:30 p.m., followed by a dinner for professionals, faculty and some students at 5:30 p.m. All are welcome to attend.
At the Money Matters event, attendees can hear about the opportunities that exist in financial planning and financial services, as well as how the financial planning program in PVAMU’s College of Business can train and prepare students for a successful career no matter their major. According to Harvey, the goal of the event is for stakeholders (students, faculty, administration, the community, financial institutions, entrepreneurs) to learn about the university’s financial planning program and the financial education outreach that PVAMU offers, as well as to put individuals in a room together to network to match the value they bring to need that another has.
“Even if you don’t think the career path is for you, you need to understand who can help you grow your money,” Harvey said. “It’s great when you work because you want to, not because you have to. That can only happen if you grow and protect your money. If you plan to make money after leaving PVAMU. you should attend.”
PVAMU is one of several historically black colleges and universities that are beginning to highlight the importance of financial planning, both as an important aspect of anyone’s lifestyle, and as a field of study at the university, as it currently offers it as a minor. Harvey and PVAMU are working to make this a sought-after and accessible career choice for students of color in an effort to increase diversity in the field as it continues to grow nationally, as, according to a recent article published by financial-planning.com, a majority of financial advisors are male, white and over the age of 50, with less than 3.5 percent of certified financial planners being black or Latino. Meanwhile, their prospective clients seeking advice are more likely to be younger in age and non-white.  Additionally, only 31 percent of financial planning students are minorities, according to a 2018 TD Ameritrade study that surveyed program directors at schools that offer this field of study.
Harvey chose to market PVAMU’s program as a minor in an effort to reach students from various academic backgrounds rather than zeroing in on business students.
“A major doesn’t say what your career is. If you had a minor with that, whether you’re studying education, social work, you can set yourself to be a great planner,” he told financialplanning.com.
Harvey advises any students interested in having a lasting impact, having a flexible schedule, being their own boss, helping people, and making a great income to attend the event, regardless of his or her major.
“You are in school to improve your life, finances will play a big part in that improvement,” Harvey said. “This event/program will help you both put money in your pocket and help you manage the money in your pocket.”
For more information about the “Money Matters” event and to inquire about attending, please contact Harvey directly at [email protected]
By Emilia Benton

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