The Cutler Center supports two major programs centered around Experiential Learning.
The Cutler Center Management Consulting Field Experience (MCFE) course provides graduate students with the opportunity to apply what they have learned in the classroom to real-world consulting engagements for investments and finance companies.
Companies sponsoring these engagements have included:
- Essex Investments
- Highmount Capital
- Beaumont Financial Partners
- Cambridge Trust Company
Mark D’Annolfo is the faculty advisor for the Cutler Center (finance/investment) MCFEs. Of the 40 MCFE projects encompassing 161 students in the 2011-2012 academic year, six were nominated for the Babson MCFE Award (best MCFE), which comes with a cash prize given by Babson-United Inc. (founded by Roger W. Babson). Of the six MCFEs nominated for the award, two were Cutler Center MCFEs, and a Cutler Center MCFE team placed second. The Cutler Center MCFE team (Cambridge Trust Company) won the Babson MCFE Award in the 2010-2012 academic year.
The Babson College Fund program builds students’ investment research and portfolio management skills by guiding graduate and undergraduate students as they manage a portion of the Babson College endowment.
The Babson College Fund has now beaten the S&P 500 over a 5-year period, surpassing some professional managers hired to manage the equity portion of the Babson endowment.
The Cutler Center also supports experiential learning with the Rotman Interactive Trader, an application which simulates a stock exchange and allows users to transact financial securities with each other on a real-time basis. The software allows users to learn about order driven markets, liquidity, the impact of trading costs, and price discovery.