With fear over the spread of COVID-19 sweeping the nation, many people have been affected in one way or another. In the recent weeks with news changing daily, we have heard a lot from both our current and prospective students asking if financial aid will be impacted. In hopes of easing some nerves, we have asked Michelle Doss, a financial planner for the Johnson & Wales College of Online Education, about the most common questions she has been receiving in hopes of giving our students some clarity.
What to do with this “Black Swan?” No, not the Natalie Portman movie.
Author and professor Nassim Taleb suggests Black Swans are events characterized by a surprise that has a major impact. In the investment world, we are living in a Black Swan with a volatile investment market surprised by COVID-19, which has impacted the market value considerably.
“I don’t do numbers!”
According to the Bureau of Labor Statistics, the finance industry set to grow by nine percent in the next decade and demand for educated professionals taking on careers in finance is higher than ever. Throughout this online bachelor’s of finance degree, you will receive a solid foundation in capital management, financial institutions, and decision making, as well as business, communications, and general studies.
Professor Randy Kemnitz, PhD, is no stranger to finances and fiscal planning.
As a child, Kemnitz remembers his mother, a bookkeeper, telling him how important it was that people learn to manage their own finances. As an adult, Kemnitz went on to earn his master’s degree from the College for Financial Planning and became a Certified Financial Planner (CFP). Currently, he is pursuing his doctorate in personal financial planning through Kansas State University.
When she wasn’t working her corporate job, Samantha Kim ’11 ’16 was working part-time in retail, renovating her first home, and training for MMA in her local gym. She knew that her busy schedule would demand a flexible approach to getting her MBA – Finance, and she decided JWU Online was the best choice based on her availability. What she didn’t know, she said, was that she’d make lasting relationships in the online classroom.
Professor Randy Kemnitz is well-versed in the world of finance.
Born and raised in Milwaukee, Wisconsin, his earliest money memories stem from stories his mother, a bookkeeper, told him about people who did not manage their money well. "I learned early on that you have to manage your finances and not let your finances manage you," he said.