Toigo and B. Riley Financial Foundation Successful conclusion of the 2021 Summer MBA investment competition
The winning student teams received a $ 60,000 grant from B. Riley
OAKLAND. California (PRWEB) September 19, 2021
The Toigo Foundation and B. Riley Financial, Inc. (NASDAQ: RILY) are pleased to announce the culmination of the 2021 Summer MBA Investment Competition. Nearly 50 MBAs participated in an immersive summer program of four months specially designed to facilitate industry education, mentorship and practical application of current business strategies
led by experienced investment professionals from B. Riley.
Student teams participated in a strong business study program covering ESG and socially responsible investment opportunities, PSPCs, acquisitions and capital allocation. The program ended with a competition to present investment recommendations to a panel of B. Riley professionals and Toigo alumni. At the end of the program, B. Riley donated a total of $ 60,000 to the members of the four winning teams.
“B. Riley’s contribution to Toigo’s portfolio of training opportunities adds a rich and experiential dimension to the Foundation’s MBA program and reflects the company’s commitment to the continued development of diverse talent in the financial services landscape. Said Kristy Posocco, Director of Education and Career. Progress for Toigo. “B. Riley’s investment in training these emerging leaders in financial services and their commitment to diversity and inclusion is evident from the nearly 20 senior executives at the company who have participated in all phases of the business. program.”
The program provided an exceptional platform to produce and present real-time deliverables through a model synthesizing business education, collaboration and coaching based on real-world experience. Additionally, it provided MBAs with an opportunity to expand their networks through the development of peer teams and with access to B. Riley’s experienced investment professionals.
“This program was as much a learning experience for our team as it was for the MBA participants. We were inspired by the forward thinking ideas presented to us, as well as by the overall passion and creativity of the winning teams. Working with Toigo has been an invaluable experience and B. Riley is incredibly proud to support the organization as a partner, ”said Bryant Riley, President and Co-CEO of B. Riley Financial.
The Foundation’s focus on expanding learning opportunities for scholars and finalists of the Toigo MBA program led to the creation of the program through the enthusiastic commitment and financial support of B. Riley Financial.
About the Toigo Foundation
Toigo’s mission is to inspire change and promote more inclusive leadership within finance and beyond. Based in Oakland, California, the nonprofit has focused on leadership development and inclusion in the workplace for over 30 years. Its programs and services include MBA Career Development, Leadership and Advancement Support, Women in Leadership and Toigo Inclusion Strategy Services. Almost 1,800 men and women of color have been named Toigo Fellow; today, many of them lead teams and organizations in various categories of financial assets and beyond. For more information, please visit http://www.toigofoundation.org
About B. Riley Financial
B. Riley Financial offers collaborative solutions tailored to the capital raising and business advisory needs of its clients and partners. B. Riley operates through several subsidiaries that offer a diverse range of end-to-end complementary capabilities spanning investment banking and institutional brokerage, private wealth and investment management, financial advisory, corporate restructuring. , operations management, risk and compliance, due diligence, forensics, accounting, litigation assistance, appraisal and valuation, auction and liquidation services. For more information, please visit http://www.brileyfin.com
Jo anne mccusker
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