Ben Fernandez - Career

Career

Upon graduating from Redlands, Fernandez moved to New York City. He worked at General Electric during the day and attended night school at the Graduate School of Business of New York University. He received a Master of Business Administration (MBA) degree in Foreign Trade and Marketing. In addition he completed all of the course work for the Doctor of Philosophy degree in Economics, Marketing, Corporate Finance, Foreign Trade and Financial History. Fernandez completed the four year course work in two years.

General Electric recruited him for its financial management training program. Following his employment and training with General Electric, he was appointed Director of Marketing Research at the O. A. Sutton Corporation of Wichita, Kansas. After three years at the post he moved to Los Angeles, California, and became a consulting economist, specializing in the organization of savings and loan associations and commercial banks.

His work as a financial consultant gained national attention. From 1960 through 1976, Fernandez was asked to testify over 500 times under oath before federal and state agencies on his specialties.

He also received national acclaim for his innovation in business and was recognized by the United States Department of Commerce for his work with the National Economic Development Association (NEDA), a non-profit corporation Fernandez founded to foster the free enterprise system among Spanish-speaking Americans. NEDA was responsible for over $2 billion in private sector loans, with a default factor of less than two percent.

Through his various business ventures Ben Fernandez became a millionaire.

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