New financial services lab established at CCU - WMBFNews.com, Myrtle Beach/Florence SC, Weather

New financial services lab established at CCU

(Source: Coastal Carolina University Facebook page) (Source: Coastal Carolina University Facebook page)

CONWAY, SC (WMBF) – A new laboratory that will be used to provide tools for students majoring in finance has been established at Coastal Carolina University.

According to a press release, the Richard Pilosof Financial Services Laboratory will be housed in the E. Craig Wall Sr., College of Business Administration.

It was made possible through a $250,000 gift from Richard Pilosof, a 1983 CCU finance graduate, and his family, the release stated.

The funds will be used to provide financial tools that students majoring in finance and other disciplines in the Wall College of Business require to master their degree area.

According to the release, those tools include hardware and software such as: Morningstar Direct; Thomson Reuters; S&P Capital; Palisade; the Center for Research in Security Prices; and CCU’s Gerald Boyles Student Investment Fund, which gives students the opportunity to implement their knowledge of various financial markets by using real money to make real investments.

Located on the first floor of the Wall Building, the state-of-the-art lab is equipped with world-class investment management software; 27 student terminals with dual monitors; two large-screen televisions that provide access to financial news channels; and a 15-foot ticker display with scrolling financial information, the release stated.

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