As a partner of Granite Point Capital, Scott Bushley provides counsel to the hedge fund’s managing partner on all operational matters, including human resources, IT, and office infrastructure. In addition to more than 20 years of relevant experience to support his efforts in this regard, Scott Bushley holds an MBA from Boston College’s Carroll School of Management (CSOM).
In March, U.S. News & World Report released its Best Graduate Schools list, where CSOM’s part-time and full-time MBA programs ranked 28th and 43rd, respectively. It was the second consecutive year that CSOM’s part-time program was ranked among the top 30, while its full-time program jumped five spots from last year’s rankings. Moreover, CSOM’s MBA programs in finance and marketing ranked 23rd and 25th in the nation, respectively, while its MBA program in accounting jumped four spots to No. 31.
A total of 475 schools offering MBA programs were surveyed. Rankings were based on a methodology involving factors such as job placement rates, starting salaries, average undergraduate GPAs, and peer assessments.
CSOM’s part-time MBA program, in particular, has performed well in numerous surveys. Just two years ago, U.S. News & World Report ranked it as the 46th best part-time program in the country. Its ascent can be attributed to its 2016 strategic plan, which emphasized making graduate programs at Boston College more competitive with a substantial curricular overhaul.
The recipient of an MBA in finance from the Carroll School of Management at Boston College, Scott Bushley leverages more than 20 years of experience in the financial services sector to provide leadership and strategic direction for the Granite Point Capital, a hedge fund in Boston. Outside of his professional pursuits, Scott Bushley serves on the Board of Directors of the Cohasset Youth Baseball & Softball Association and has been a youth baseball coach for the past six years.
Youth sports coaches play an integral role in the enjoyment and skill development of young athletes. While winning is a desired outcome, a good youth coach helps his or her players cope with disappointment, learn from mistakes, and develop resilience. They should also be adept in teaching social and team skills and provide positive reinforcement.
While reinforcing good habits or plays is an important aspect of coaching at the youth level, coaches can still emphasize areas of improvement through effective feedback. An effective coach will start by identifying something positive before noting a particular skill that needs to be improved.
In addition, effective youth sports coaches should be patient and teach respectful behavior and good sportsmanship practices to their players.
Engaging as a partner with Boston-based Granite Point Capital, Scott Bushley guides the financial and operational activities of a hedge fund that provides diversified financial solutions. A fundamental approach of Scott Bushley’s firm is employing long-short investment strategies, with a focus on US companies that are mispriced in the markets.
Long-short funds are a specific type of hedge fund that focus on long positions in undervalued investments expected to increase in value. The invested equity is also employed as margin in opening a short position, which involves selling securities that are not owned.
The cash received from shorting the assets is placed into further long positions, such that the investment dollars at hand are leveraged. It also provides the fund manager with extra breadth in analyzing complex situations and tailoring approaches to exact market dynamics.
Another advantage of the long-short fund approach is that it is market neutral. Through selling and buying, the fund manager can avoid overexposure in volatile situations where upward and downward swings are common. Although this helps minimize risk for the investor, it can limit short-term returns to some extent.