Wells Fargo Finance Education Center Opens At Harris-Stowe State University
Wells Fargo Finance Education Center Opens
At Harris-Stowe State University
Trading room fuses innovation and business with academia.
Students will gain greater exposure to financial careers.
ST. LOUIS, Mo. – Feb. 22, 2017- Harris-Stowe State University will unveil a state-of-the-art trading room that will expand the rigor of the Anheuser-Busch School of Business and give students exposure to a number of careers within the financial services industry.
The Wells Fargo Finance Education Center officially opens at a ribbon cutting ceremony to take place Thursday, February 23, 2017 on the second floor of the Henry Givens, Jr. Administration Building of Harris-Stowe State University. Doors will open at 3:30 p.m., and the ceremony will start at 4:30 p.m. Dr. Dwaun Warmack, president of Harris-Stowe, and David Kowach, the head of Wells Fargo Advisors, will be among the speakers.
The center was financed with $250,000 from Wells Fargo, an international banking and financial services holding company. It illustrates the growing partnership between Wells Fargo and Harris-Stowe, the only historically black college in the St. Louis region. The center features a trading floor complete with a ticker that streams real-time market information, facilitating trade simulations. Students will use software found on Wall Street to create and manage investment portfolios while developing the skills needed for success in various careers within the financial service industry. The center will be integrated into curriculum throughout the university’s Anheuser-Busch School of Business. Students outside the business school will have access to personal finance courses that use the room for discussions centered on investing. Harris-Stowe also plans to open the center to the community for certification programs and other educational opportunities.
“Harris-Stowe State University’s mission is to provide outstanding educational opportunities for individuals seeking a rich and engaging academic experience. The Wells Fargo Finance Education Center will award unprecedented opportunities to nurture intellectual curiosity and build authentic skills that prepare Harris-Stowe students for leadership roles in a global society,” Harris-Stowe President Dr. Dwaun Warmack said. For Wells Fargo, the center will help build a pipeline of highly skilled and diverse college graduates.
“We create better outcomes through valuing differences, and increasing diversity in our industry gets us closer to that goal,” said David Kowach, head of Wells Fargo Advisors. “Expanding opportunities in higher education — particularly at St. Louis’ only historically black college/university — is nothing but a win for our region.”
The partnership between Harris-Stowe and Wells Fargo Advisors, the St. Louis-based brokerage affiliate of Wells Fargo, dates back more than a decade. Team members from Wells Fargo lead volunteer efforts on campus, as well as serving as guest lecturers. Every semester, Harris-Stowe and Wells Fargo Advisors provide eight to ten interns opportunities to work throughout the firm. Wells Fargo is a long-time supporter of the Thurgood Marshall College Fund and the United Negro College Fund.
With Harris-Stowe gearing up to celebrate 160 years of educating both industry educators and minorities, The Wells Fargo Finance Education Center supports the vision of Dr. Warmack as he elevates the stature of the Anheuser-Busch School of Business and expands course offerings throughout the university.
“Our industry needs more college graduates with this kind of training and exposure,” Mr. Kowach said. “And our industry needs more diversity. This won’t happen fast enough if we don't do things to attract new talent to our company from places like Harris-Stowe.”
“Harris-Stowe has continued to experience a surge of diversity in student enrollment. This center will reinforce the university’s desire and commitment to its students, staff, the community and city to be a beacon light for equality, social justice, diversity and educational excellence,” Dr. Warmack said.
About Harris-Stowe State University
Harris-Stowe State University (HSSU), located in midtown St. Louis, is a fully accredited four-year institution that offers 31 majors, minors, and certificate programs in Education, Business and Arts & Sciences. In 2014, HSSU ranked No. 1 in the state of Missouri and No. 47 in the nation in granting degrees in Mathematics and Statistics to African-Americans. This was noted by the Missouri Department of Higher Education and Diverse: Issues In Higher Education, a news magazine that has ranked institutions conferring the most degrees to minority students for the past 30 years. For the second consecutive year, Harris-Stowe ranked No. 28 among the Top HBCUs in the country according to Niche, an online content provider of reviews and insight on more than 1,100 colleges nationwide. The university, which has origins dating back to 1857, celebrates its 160th year in 2017. Learn more at www.hssu.edu.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,600 locations, 13,000 ATMs, the internet (www.wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 269,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 27 on Fortune’s 2016 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC, a separate registered broker-dealer of Wells Fargo & Company.