Aspect Enterprise Solutions Fuels The Next Generation of Commodity Traders At Texas Southern University

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Posted by Mimi Narikot – Mimi Narikot is a Digital Marketing Manager at Aspect Enterprise Solutions.

Aspect Enterprise Solutions has teamed up with the Jesse H. Jones School of Business at Texas Southern University to provide students with the skills needed to become successful in the commodity trading industry. Aspect gifted the university a subscription to AspectCTRM with training and support which students use to experience real-life trading scenarios while learning how to use CTRM / ETRM software to manage risk.

Aspect’s Sheshieda Davis, Managing Director of the Americas, and Patrick Hayes, Director of Sales Support of the Americas, work with Professor Richard Pitre to create lesson plans that help students learn the basics of energy trading in the school’s “Introduction to Energy Accounting,” course. With access to AspectCTRM, the students use the same tools that top trading firms use to learn about inventory analysis, physical oil movements, financial accounting, tax practices and monitoring profit and loss. In this course, students were given a budget of $1 million to manage their own crude oil physical and financial portfolios.

By the end of the semester, students felt accomplished and more ready to enter the energy trading workforce. For Candance Krause, the class expanded her knowledge of the industry and helped her understand what it would be like to be a professional trader. She says, “Working with Aspect Enterprise Solutions has taught me how to research beyond my textbook. Even my knowledge of oil and gas terms has improved.”

The course also benefitted future commodity trader, Varinia Odukoya, who says she appreciated the effort Sheshieda and Patrick put into their presentations. Varinia says, “I’ve learned a lot about the crude oil industry and trading. I wish the class could have been longer.”

Shesheida and Patrick are looking forward to working with Professor Pitre and the Jesse H. Jones School of Business again and are already working on next semester’s lessons.

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