SWS+USC History
What does SWS stand for
Smart Woman Securities
What is it called to grow your money over time
Investing
What does GDP stand for
Gross Domestic Product
What is one of the highest paying jobs in the finance industry
Investment banking
What does S&P stand for
Standard and Poor's (tracks the U.S. equity market, the index is made up of 500 of the largest public companies)
What year was USC founded in
1880
Return on Investment
Which country is the largest importer
The U.S
If you work in wall street, where are you located
New York (lower district of Manhattan)
What does the ATM stand for
Automated Teller Machine
What is our main club color
Purple
What are examples of retirement plans
401K, IRA, Roth IRA
What was the biggest economic crisis in US History
Stock Market crash in 1928, led to period of Great Depression
What are some of the big 4 companies that recruit at USC
The National Association of Securities Dealers Automated Quotations is better known as what stock exchange
NASDAQ
What's a project students in the club have worked on in the past
What is the difference between a credit card issuer and a credit card network
Issuer is the bank that issues the card (JPM, BofA, etc.), while Network is the technology that processes transactions between the card and the merchant (Visa, Mastercard, Amex, etc.)
What type of economy does the U.S have
Mixed economy: embraces the free market when it comes to capital use (capitalism) but it also allows for government intervention for the public good (socialism)
52 (according to McKinsey)
What is the largest company currently in the United States by revenue as of 2023, according to the Fortune 500
Walmart
About how many undergrad students are here at USC
20,000
Name at least 2 factors that make up your credit score
Payment history, amounts you owe, length of credit history, new credit you apply for, types of credit you use
What are the world's 3 largest stock exchanges
New York Stock, NASDAQ, and Shanghai Stock Exchange
The highest Accounting credential is to have a CPA, while in Finance you can receive a ___
CFA (Charted Financial Analyst)
What major company was originally named "Backrub"