The return to in-person classes and office hours this fall was a welcome change for us. We were delighted to see some of you on campus for events like the Class of 2020 Commencement and to have in-person guest speakers in John's Global Capital Markets class.

As the semester comes to a close, we share the following updates:

• In answer to strong student demand, Emma taught a new personal finance course for all class years. 196 students enrolled to learn about creating a budget, building a good credit score, managing personal taxes, investing for the future, and other aspects of financial wellness. The course will be offered annually, supported by a generous gift from Wayne Woodman '78.

• John's twice-monthly Markets Discussion Group drew a crowd of 30-50 students for each session. The liveliest discussions centered on Elon Musk's big sell-off of Tesla stock, Mr. Goxx and cryptocurrency, and the debt ceiling.

• Nearly 230 sophomores participated in one or more of our annual firm-sponsored competitions, including the BlackRock Asset Allocation Competition, the Goldman Sachs Trade Pitch Competition, the Morgan Stanley Trading Game, and the Wells Fargo Corporate Valuation Competition.

• The Mentor Program, now in its 14th year, brought 100 sophomores together with finance professionals to help them hone networking skills and prep for internship recruiting. This article, "'People First' Drives Cycles of Mentorship," features Brian Zorb '09, a participant in the first year of the Mentor Program, and a Duke sophomore he now mentors, McKenna Raley '24.

• After a year of hiatus, the Duke in New York Financial Markets & Institutions program is back in spring 2022! John will be in NYC with the students for the first half of the semester, and Ron Leven, W.R. Huff Professor of the Practice of Economics, will take over for the second half.

Wishing you happy holidays and a bright new year!

John Caccavale, DFE Executive Director
Emma Rasiel, DFE Teaching Director