2017Launched
30+Subject areas
SmealCollege of Business
State CollegePennsylvania

Founding history

How the Society began


Christopher R. Peckyno began organizing the PSU Trading Society in 2016 while an undergraduate at the Smeal College of Business. Over that year he defined the Society’s mission, shaped its curriculum, and recruited the students who would form its first executive board.

The Society launched officially in 2017. Its sessions covered the full arc of financial analysis, from the three financial statements through valuation and discounted cash flow modelling to technical analysis, behavioral finance, and live market commentary.

Our mission

To give Penn State undergraduates a rigorous, practical education in how businesses are analyzed and how markets work, and a community in which to practise it.

Our core values

Five words we held ourselves to

  1. 01

    Curiosity

    Genuine interest in how businesses and markets work, shown through what a member reads, follows, and asks.

  2. 02

    Coachability

    Openness to feedback and the willingness to rebuild a model or rewrite a pitch until it is right.

  3. 03

    Commitment

    Reliable attendance and real contribution to sessions, events, and the Society’s community.

  4. 04

    Competitiveness

    The drive to prepare harder, pitch better, and measure yourself against the best student investors in the country.

  5. 05

    Courage

    Always doing the right thing, especially when it is not the easy thing, and helping others do the same. It also means the nerve to state a view and defend it under questioning.

Core Values (PDF), adopted January 2017 →

How we teach

Educational philosophy

01

Fundamentals first

Accounting and valuation come before trading tactics, because every market view rests on an understanding of the underlying business.

02

Learn by building

Members build the model, write the thesis, and present the view themselves.

03

Defend the argument

Every view is open to questions. Clear reasoning matters more than being right on any single call.

04

Leave it better

Materials were written to be reused, so each class of members could build on the last.

What we study

Areas of focus

Financial markets

How equities, fixed income, and derivatives markets are structured, how prices are formed, and how participants interact.

Investment research

Reading filings, building models, forming a thesis, and presenting it with evidence: the core workflow of a research analyst.

Professional development

Communicating clearly under questioning, working as a team, and preparing for careers in finance.

Interview prep and resume review

Mock interviews with the executive board, line-by-line résumé feedback, and a written preparation plan for every member heading into recruiting.

Timeline

The Society through the years

  1. 2016

    Organizing year

    Christopher R. Peckyno begins organizing the Society at the Smeal College of Business, defining its educational mission and recruiting its first leaders.

  2. 2017

    Official launch

    The PSU Trading Society launches as an undergraduate organization at Penn State, with Peckyno as Founder and President and a founding executive board.

  3. 2017 to 2019

    Educational program

    The Society runs sessions across financial accounting, valuation, discounted cash flow analysis, technical analysis, behavioral finance, and market commentary, alongside group events including Penn State football games and THON.

Partnerships

Partnership Firms

Professionals from these firms spoke to, hosted, or worked with the Society and its members, and Society alumni have gone on to work at them. Out of respect for their privacy, individual speakers are not named.

  • Morgan Stanley
  • Goldman Sachs
  • Citigroup
  • UBS
  • Bank of America
  • J.P. Morgan
  • Barclays
  • BNY Mellon
  • BlackRock
  • Blackstone
  • Deutsche Bank
  • Evercore

See the Society in pictures, or start with the curriculum.