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David Nazarian College of Business and Economics

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News & Events

Press releases, news and events from David Nazarian College of Business and Economics.

College News

Bank of Hope’s Gift Supports Tax Preparation Program for Low-Income Families

March 19, 2019

Bank of Hope’s gift supports CSUN VITA Clinic, which provides income tax preparation assistance to low-income families and individuals.

Bank of Hope has given California State University, Northridge $25,000 to support the university’s income tax preparation assistance program for low-income families and individuals.

The money will support the operations of CSUN’s Volunteer Income Tax Assistance (VITA) Clinic during the 2019 tax season. In addition to the money, bank employees have volunteered to serve as interpreters and greeters at many of the clinic’s sites throughout Los Angeles. Read more

Students Beat the Markets in Managing CSUN’s Portfolio

March 18, 2019

Senior economics major Idean Aminian demonstrating a concept to students in the Student Portfolio Seminar.

Using the latest investment software, intense research and hours spent on targeted analysis of the financial markets, the students in California State University, Northridge Finance 491A and 491B: Student Portfolio Seminar are outperforming finance professionals and turning nearly $5 million of investments into scholarships, research and other opportunities for the university.

From fall 2015, to present, the dividend portfolio has grown from $2,151,315 to $3,297,801, an annualized return of about 14 percent compared to the benchmark return of about 11 percent per year.  Read more

CSUN's VITA Program helps vets prepare their taxes — for free (via Military Times)

March 14, 2019

A student volunteer at California State University, Northridge's VITA Clinic helps a taxpayer with tax preparation at the David Nazarian College of Business and Economics.

The Veteran Peer-to-Peer EITC Campaign is a collaboration between the university, Citi Community Development, the Los Angeles VA, the L.A. Mayor’s Office of Veteran Affairs and a few L.A.-based veterans service organizations. EITC stands for earned income tax credit, a benefit available to individuals and couples with low-to-moderate income.

The Veteran Peer-to-Peer EITC Campaign, located in the greater Los Angeles area, offers veterans help preparing their tax returns. Who’s helping? Fellow veterans — who also happen to be trained tax preparers.

“We all kind of sit down and really focus on getting [our taxes] done,” said Ruth Christopherson, senior vice president with Citi Community Development. “It’s a lot of work; it’s nerve-wracking. When you can do it with a volunteer income-tax preparer, it’s easier.”

  Read more

The Dealmaker: Alumnus and Investment Banker Michael Kramer Shares His Journey

March 11, 2019

Photo of Michael Kramer

Kramer, a multigenerational Matador and proud graduate of California State University, Northridge, has made an impact on Wall Street that few other men and women can claim: A lifelong leader in “boutique” investment banking firms and now founding partner and CEO of Ducera Partners, Kramer has helped forge some of the largest deals in modern financial history, including 2018’s $70-billion sale of agricultural giant Monsanto to Bayer A.G..

“I’m fortunate to have been at the forefront,” Kramer said. “I get a lot of credit for the deals people have read about, but I have seven partners at Ducera — I have a strong team that has been with me most of their careers. My success is all of ours." Read more

Wells Fargo Gift Supports Financial Education at CSUN VITA Clinics

February 28, 2019

Wells Fargo employees helping out at VITA clinic in 2018.

Wells Fargo bank has awarded the university $50,000, on top of the $50,000 it gave the university last year, to support the clinic and provide financial education and financial coaching to its clients.

“The impact of the CSUN VITA Clinic is measured not only by virtue of helping low-income taxpayers obtain a cost-free tax preparation service, but perhaps more importantly, our ability to give the taxpayers we serve the opportunity to obtain vital support and resources for strengthening their financial resiliency,” said accounting professor Rafi Efrat, Bookstein Chair in Taxation and the director of CSUN’s VITA Clinic. Read more

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