Few investment clubs can tap into a network of financial experts for help in making decisions about how to allocate funds, but that’s exactly what the club at St. Benedict’s Prep can do. A group of alumni who work in the finance industry provide guidance – remotely – to the club members, all high school students at St. Benedict’s.
For this back-to-school edition of NJBIZ Conversations, Editor Jeff Kanige talked to Michael Scanlan, dean of administration at St. Benedict’s, who founded the club when the school began remote instruction as the COVID-19 pandemic took hold earlier this year. “The revelation for us when we went virtual in March was that kids had more time on their hands,” Scanlan said, noting that students couldn’t participate in athletics and many other in-person extracurricular activities. “So while the rest of the world was going into lockdown, our students had a whole world of investment opened up to them.”
Watch the full interview here.