Financial Management Association CSUB

1. Financial Management AssociationCSUB “Taking the steps today to build a better tomorrow”

2. Mission Statement • FMA is an organization that is dedicated to bringing together the young minds of students who are majoring in Business Administration. Our mission is to help students succeed in the world of finance, and to give them a head-start to the members of FMA by holding seminars, lectures, and forums to better understand the and prepare ourselves for our careers in finance. Being part of FMA includes the ability to participate in Banquets, field trips, and other activities that highlight the lighter side of finance while not letting go of the core goal of preparing ourselves for the future.

3. FMA Organizational Structure

4. Advisor • The faculty advisor’s role should generally be that of an advisory nature. Effective faculty advisors help students plan programs, guide chapter activities, pass on information regarding past successes, and ensure competent leadership and leadership succession for next year. At key times during the year, closer supervision and more active participation may be necessary. Historically, these times are prior to graduation, when new officers are elected, and the period of time prior to mid-term and final exams. The faculty advisor is also the contact person for the National Office. All materials (i.e. Careers in Finance booklets, membership cards, NHS Scrolls and lapel pins) will be mailed directly to the advisor, unless otherwise specified. Several items may need monitoring: • Chapter finances. • Initial contacts between the chapter and local business executives. • Program/activity design. • Maintaining the relationship between the chapter and college/university administration. • Assisting in the selection of nominees for the chapter’s Outstanding Financial Executive and Honorary National Honor Society Members.

5. Board of Directors • President • The chapter president is the chief executive officer of the chapter. Specific responsibilities include: • Serving as a liaison between the chapter and faculty advisor. • Appointing committee chairpersons and calling for the resignation of ineffective chairpersons (with majority approval of the chapter’s Board of Directors). • Establishing chapter objectives for the year and coordinating specific goals and programs. • Analyzing the extent to which the needs of the chapter members are being served and keeping accurate records of these needs for future Board of Directors. • Working with the chapter Treasurer to prepare the annual budget. • Working with the chapter's marketing committee to ensure a healthy membership. • Effectively communicating all past activities, chapter objectives, and chapter needs to the president-elect. • Assisting in the selection of nominees for the chapter’s Outstanding Financial Executive and Honorary National Honor Society Members.

6. Board of Directors • Vice President • The vice president should be the primary assistant to the president. Specific responsibilities may include: • Assumption of the duties of the president in the event he/she is unable to complete the term of office. • Working with the program coordinator to acquire speakers and plan functions centered around the speakers' areas of expertise. • Coordinating and directing the activities of committees. • Assisting in the selection of nominees for the chapter’s Outstanding Financial Executive and Honorary National Honor Society Members.

7. Board of Directors Treasurer • The secretary conducts all correspondence with chapter members and the FMA office. Specific responsibilities may include: • Maintaining the chapter’s constitution and by-laws. • Preparing and maintaining the minutes of all meetings. • Arranging for the distribution of announcements to chapter members, the board of directors, faculty, and business contacts. • Conducting the chapter elections. • Attending all chapter meetings. • Recording attendance at all meetings. • Submitting the paperwork necessary to obtain the Superior Chapter designation.

8. Board of Directors • Secretary • The secretary conducts all correspondence with chapter members and the FMA office. Specific responsibilities may include: • Maintaining the chapter’s constitution and by-laws. • Preparing and maintaining the minutes of all meetings. • Arranging for the distribution of announcements to chapter members, the board of directors, faculty, and business contacts. • Conducting the chapter elections. • Attending all chapter meetings. • Recording attendance at all meetings. • Submitting the paperwork necessary to obtain the Superior Chapter designation.

9. Sub-committee’s • Banquet & Reception Committee • Planning and organizing events • Putting together and contacting guests • Event promotion

10. Sub-Committee • Website Committee • This committee will maintain our website • Update events and help to promote the website

11. Sub-Committee • Field Trip Committee • This committee will be responsible for the planning of trips • Booking hotels, itinerary, and transportation will be the main duties of this committee

12. Sub-Committee • Resume Book - This committee will work with FMA to build a resume book to present to employers and display on our website

13. Sub-Committee • Speakers, Forums, and Discussion’s Committee • This committee will assist with inviting speakers to Bakersfield to give lectures and discussion’s. • Help with the planning and setup with the events.