RCM University Program bridging the gap between academia and real-world trading
The RCM University Program announced participating schools for the 2018/2019 school year, including Notre Dame, Northwestern, and UCLA, as it continues the program's history of pairing top academic institutions with industry partners.
By: RCM Alternatives
Academic partners for this year include (alphabetically):
The RCM University Program was created to help fill the void of young talent development created by the shift away from pit trading and bridge the gap between academia and the financial industry. Much like the old days of clerks on the trading floors, RCM's University program is designed to give student participants a hands-on platform to learn about and participate in the financial markets.
"Most of our team came up through the university program, including programmers, mathematicians, and quants," said Joe Signorelli, RCM University board chairman, founder and managing partner of RCM-X, advisor to the UCLA Anderson MSFE, Carthage College, University of Illinois MFSE programs. "Many others have been placed elsewhere at industry leading firms such as TD Securities, and Stafford Trading among others."
"Involvement in the RCM University Program was a differentiator for one recent student," said Dr. Morton N. Lane, Director, MSFE at University of Illinois at Urbana-Champaign. "This student was asked in an interview to talk about 'something he had actually done', as opposed to just class work. He was able to get hired because he was able to detail his hands-on work in the Student Practicum program."
Nothing will ever replace the raw energy and incredibly steep curve provided by the Chicago trading floors. But the RCM University Program is a way to bridge the gap between those smart, hungry kids who may have found their way onto yesteryear's floor and the modern computerized trading firms who may have been yesteryear's mentors, financial backers, and teachers.
About RCM Alternatives
RCM Alternatives is one of the largest independent Introducing Brokers in the futures space. The firm sources and structures global macro and managed futures investments for end investors, touching on all aspects of the investment from manager meetings and due diligence to vendor selection and new account onboarding. RCM also works with asset managers to provide strategic cap intro services, multi-FCM clearing and execution solutions, and algorithmic execution and risk management software through its subsidiary RCM-X.
Visit rcmalternatives.com and rcm-x.com. For more on the RCM University Program, contact Joe Signorelli at 312-870-1547.