The Malesardi Finance Trading Room

July 09 2014
Category: Alumni


“When we saw that there was going to be an opportunity to do something at the College that would offer the students this wonderful new major and also put a special twist on Bob’s love of finance, it was sort of a match made in Heaven.”
- Doris Fischer Malesardi ’64


Robert and Doris Fischer Malesardi

To complement the new finance major, a state-of-the-art finance trading room was recently funded by a generous donation from
Robert and Doris Fischer Malesardi ’64. “Bob is thoroughly engaged in the world of finance and loves to share that enthusiasm with all he meets,” Doris explains. “When we saw that there was going to be an opportunity to do something at the College that would offer the students this wonderful new major and also put a special twist on Bob’s love of finance, it was sort of a match made in Heaven.”

As a Trustee and an alumna of Elmira College, Doris holds her memories of being a student close to her heart. “I remember the excitement and the honor of being invited to the home of our professor, Dr. Malcolm Marsden, sitting on the living room floor and discussing topics of significance,” she recollects. “Elmira College is a small school. Our professors knew us individually. You’re anonymous on large campuses, but at Elmira, you’re an individual recognized for strengths.” Her fondness for Elmira College keeps her coming back to Commencement every year, where she still sees Dr. Marsden, who is now Professor Emeritus of English. “I also remember having dinner at Fassett Commons with linen on the tables, student servers in uniform, lining up by class year, and singing.”

The Malesardi Finance Trading Room will provide practical, experiential learning to students majoring in finance. The new facility, which is currently under construction, will be ready for operation in the fall of 2014. Located in the Gannett-Tripp Library, the room measures 20’ by 40 feet with one side constructed of glass that overlooks campus. Twenty students will have individual terminals, each with a desktop computer and two 24” flat-screen monitors. The room is designed to simulate the functions of live stock trading and the exchange of securities between buyers and sellers. It will be instrumental in preparing students for careers in corporate financial management, investment banking, international finance, commercial bank management, financial planning, and the financial services industry.

Elmira College is very fortunate for the generosity of both Robert and Doris, who believe the finance major is a great addition to the curriculum and will prepare students to enter the business world. “Time and again, we see the Fortune 500 companies saying that the very finest associates graduated with liberal arts degrees, where you have a rounded education with knowledge of the arts, culture, and civilization as a whole, so you can think outside the box and be a problem solver.”

Meet Robert and Doris Fischer Malesardi ’64

Doris majored in sociology at Elmira College and administration and management at the State University of New York at Albany. Doris has received the Outstanding Young Women in America award and the PBS Development award for her outstanding TV auction in the United States. Giving back to her community is also very important to Doris, and she has been affiliated with a wide variety of civic, cultural and educational organizations and boards. She is also a member of art and historical museums in New York, Massachusetts, Delaware, Florida, and the California and St. Peter’s Hospital Auxiliary in Albany, New York, and the Hilton Head Medical Center Auxiliary in South Carolina. Doris is also a Partner for 1843 Central Avenue Associates, a real estate and antiques company in Albany, New York. Doris has been a trustee of Elmira College since 2007.

Robert Malesardi graduated from Bucknell University in 1947 and was a Certified Public Accountant (CPA) and a real estate developer. Giving back is very important to Robert, as can also be shown by the Malesardi Residence Hall on Bucknell University’s campus and the Malesardi Scholarship at Bucknell. He also served as a trustee at Bucknell University from 1972-1992.

The dedication of the Malesardi Finance Trading Room will take place in October 2014.