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Thursday, November 26, 2015
The 2015 SUNY Oneonta College Fed Challenge team surrounds adviser David Ring. (CONTRIBUTED PHOTO)

ENP STAFF REPORTS
news@eastniagarapost.com


ONEONTA -- Jennifer Rushlow of Gasport represented SUNY Oneonta in the semifinal round of the 2015 College Fed Challenge at the Federal Reserve Bank of New York on Nov. 16, helping to secure the team an Honorable Mention in the competition.

The College Fed Challenge is a team competition for undergraduate college students. Inspired by the working of the Federal Open Market Committee, the competition requires that students work as a team to research and analyze current economic data, develop a forecast and review potential future economic risks, and prepare a presentation and answer questions on a recommendation for monetary policy.

Rushlow was part of a 10-member SUNY Oneonta team that traveled to the Federal Reserve Bank for the first round of the competition on Oct. 30. Teams from 32 colleges and universities in New York, New Jersey and Connecticut competed in the first round, and the SUNY Oneonta contingent bested teams from the other schools in its competition bracket to advance to the semifinals for the third consecutive year.

Each team was evaluated in four categories--knowledge of current economic conditions, understanding of monetary policy, data and analysis, and teamwork. "The judges' comments in both rounds indicated that the team worked very well together in answering questions and addressed all potential concerns with respect to their forecast and monetary policy recommendations," said Associate Professor of Economics David Ring, the team's adviser.

SUNY Oneonta's School of Economics and Business is accredited by AACSB International--the Association to Advance Collegiate Schools of Business, a designation achieved by fewer than 5 percent of business schools around the world. In addition to its three undergraduate majors, Professional Accounting, Business Economics and Economic, the school offers two minors, four concentrations and seven cooperative programs.

A liberal arts institution with a strong focus on undergraduate research, SUNY Oneonta consistently gains recognition for delivering excellence and value. The college has been named to Kiplinger's list of "100 Best Values in Public Colleges" for nine consecutive years and sits at No. 9 on the 2016 U.S. News and World Report list of the best public institutions in the region. SUNY Oneonta enrolls 6,000 students in its 70 undergraduate majors and 14 graduate programs.



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