Carmello Anthony Leaves Syracuse for MBA

Sunday, April 27, 2003
By Nick Carraway

Syracuse Basketball Star to Pursue Masters in Business Administration

2003 NCAA Tournament MVP Carmello Anthony announced Friday that he will leave Syracuse after his freshman year for an MBA. His Master’s of Business Administration degree should prove to be a valuable asset and will most likely lead to gainful employment at a top investment bank.

This news comes as no surprise to basketball fans, who expected the 6’8” freshman to leave college for the big money in the pros. “When I first saw Carmello read a balance sheet, I knew he was special…he has an excellent command of both debits and credits,” said Syracuse accounting professor Tom Davenport.

Former Kansas derivatives professor Elroy Williams learned firsthand what Anthony can do at the National Collegiate Accounting Association (NCAA) Final Four when Anthony successfully used both the Binomial and Black-Scholes methods for stock option pricing.  “An inside-outside game like that is impossible to defend,” said Williams.

Anthony’s success in the Final Four has caused some to suspect that he might go higher in the draft than high school star LeBron James, who is also forgoing an undergraduate degree for an MBA. According to Anthony, “I don’t know. I’m looking forward to being part of an elite MBA program…I really just want to get out on the floor [of the New York Stock Exchange] and see what I can do in the big leagues.”