BASIS Celebrates 10th Anniversary
October 11, 2016
ASIS (Bonds and Securities Investments by Students) celebrated its first decade as an official Virginia Tech organization on Friday, October 7 in the Pamplin atrium. The all day event kicked off at noon with a presentation from CEO Evan Christian and CFO Daniel Murray and concluded at 5 p.m. with networking opportunities continuing throughout the evening.
The highlight of the celebration was a live trade execution completed in the presence of current BASIS members, several present alumni, and alumni who were present virtually.
Kevin Pitchford, the first CEO of BASIS, was proud to see how far the organization has come in just ten years. When BASIS started in 2006, they managed $1 million, and are currently managing $5 million. The organization saw a 7.5% return in 2015 and hopes to continue its growth into the next decade.
BASIS advisor George Morgan and finance department head Dr. Vijay Singal opened the event, and emphasized the advantage that students in BASIS have. The organization provides an important educational opportunity for students to experience how real world events affect US interest rates, allowing them to apply classroom concepts to real world events.
Following the trade execution, members of BASIS were invited to a panel discussion with alumni followed by opportunities for all interested Pamplin students to participate in mock interviews and resume reviews to prepare them for careers in finance.