Daily Bulletin, Wednesday, June 15

STUDYING FINANCIAL INSTRUMENTS:  To keep pace with the ever
evolving world of high finance, UW's School of Accountancy
together with the Departments of Economics and Statistics
and Actuarial Sciences have proposed a new Centre for
Advanced Studies in Finance.

The centre aims to prepare well-versed specialists equipped
to understand the innovative financial instruments and
markets, as well as new theories of finance, reshaping
today's corporations and capital markets.  The centre awaits
formal approval by the university's senate.

"Highly qualified, technically trained finance specialists
are increasingly in demand and our proposed centre will take
the lead in meeting this demand," said Prof. John
Waterhouse, director of the School of Accountancy.

The proposed centre aims to attract and retain
internationally renowned finance faculty, who will conduct
forefront financial research and prepare well-trained
graduates.  Its new master of finance interdisciplinary
program will educate students for specialist positions in
financial institutions, businesses and accounting firms.

Also, the centre will provide an advisory service in finance
for corporations, accounting firms and professional
accountants.

The centre will conduct research on financial risk,
derivative products (financial contracts with values derived
from assets such as currencies, bonds, stocks and
commodities), investments, international finance and
portfolio theory.

"The centre will have a dual mandate for research and
education," Waterhouse explained.   "It will provide
financial advisors, accountants, auditors and other
financial services professionals with the knowledge,
theories and critical approaches needed for a rapidly
changing environment."

JOB POSTING:  UW's Human Resources office has just sent us
this week's Positions Available listing:

Shipper/Receiver, Optometry, Grade USG 3:  Experience with
all aspects of shipping and receiving and record-keeping;
inventory control and computerized database systems.  Good
interpersonal skills and ability to read and speak English.
Proven attention to detail and aptitude for accuracy.  Must
be able to lift heavy deliveries; capable of bending and
reaching.  Valid driver's license would be an asset.  This
position is contingent on funding.

For details about the job listing, please call ext. 2524.
In the listing, Human Resources says the university welcomes
and encourages applications from the following designated
employment equity groups: visible minorities, women, persons
with disabilities and aboriginal people.

VIEWING COMPUTERS:  The Computer Revolution video series
continues today at 11:30 a.m., with a segment on "High
Speed/High Performance."  The screening takes place in Davis
Centre, Room 1302.

The video series is being presented by the Centre for
Society, Technology and Values and the Institute for
Computer Research.
The contact for the series is Kathy Sharpe, ext. 6215.

GAZETTE COMING BACK:  The next issue of the UW Gazette will
be Wednesday, June 22.  There is no issue today.

INTERVIEWS END:  Today's the last day for  formal job
interviews for co-op students seeking fall term placements.
Ranking forms will be available Friday.

HAPPY BIRTHDAY:  All the best wishes to Prof. Jan Narveson,
philosophy, who celebrates his birthday today.  Narveson,
apart from his teaching and research accomplishments, is
well-known for his indefatigable efforts to promote
classical music in the local community.

John Morris, Jim Fox
UW News Bureau, (519) 888-4444
jmorris@mc1adm.uwaterloo.ca
jfox@mc1adm.uwaterloo.ca