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About Us
The Student Managed Investment Fund
was set up in 2000 and the first group of students started trading
in February 2000. Since then the Student Managed Investment Fund has
grown in stature and is one of the most popular programs in the
School. It has attracted widespread attention from the media and has
been featured in all major Connecticut newspapers, television
channels, and the CNN.
At the School of Business, the outreach program is critical to
attracting the best students. Students value the opportunity to
interact with the business world and the alumni. This not only gives
them practical experience, it helps their job search. The program
also gives the alumni the opportunity to participate in the School’s
programs, and to come back to their alma mater. It also helps the
School’s fund raising drive.
In the last few years, several outreach programs have been developed
and most of them have produced the desired results. Student Managed
Investment Fund is one such program where the benefits have been
particularly impressive. It gives the students valuable and hands on
experience in stock selection and portfolio management. Past
managers tell us that prospective employers spend a lot of time
discussing students’ participation in the Student Managed Investment
Fund.
The Student Managed Investment Fund was started with an endowment of
$1m from the UConn Foundation. The various parameters of the program
and the Prospectus were developed in consultation with Kevin Edwards
of the UConn Foundation. We conducted extensive research and survey
over a two year period studying similar programs in other
universities across the country. At its inception, the Student
Managed Investment Fund was one of the largest funds managed by
students.
The administrative process of Student Managed Investment Fund
involves selection of the students in early Spring for management
during following Fall and Spring, meeting the group of undergraduate
and graduate students every week to discuss strategy and preparing
reports, arranging meeting with the UConn Foundation Board of
Trustees and the Student Managed Investment Fund Investment Advisory
Board (IAB) several times a year, execute the trades, and manage the
account with Charles Schwab. In addition, we also offer courses on
valuation for both Undergraduate (taught by Patrick Terrion over
fall and Spring) and MBA managers (taught by Chinmoy) to help in
their decision making.
The Student Managed Investment Fund has been featured by Hartford
Courant (twice), and on the Connecticut CBS and NBC channels. It
received international exposure when it was featured in CNN two
years ago.
Student Managed Investment Fund is an unique and valuable program
for the School of Business and it serves several functions,
including the following:
Student Managed Investment Fund enhances the visibility of School of
Business among prospective undergraduate and MBA students, and it
has improved quality of incoming students. Indeed, it is a very
popular program with the students and consistently attracts some of
the most meritorious students in the School of Business. It has been
a powerful recruiting and placement tool for the School.
It has made significant contribution towards promoting program
excellence. The Student Managed Investment Fund program gives the
students the rare opportunity to apply the concepts they learn in
the classroom to real life valuation. The Student Managed Investment
Fund program is a joint effort which encompasses the UConn
Foundation, School of Business, Department of Finance, and most
importantly, the Alumni. The Student Managed Investment Fund
Investment Advisory Board (IAB) includes some of the most successful
School of Business alums and they have strongly endorsed the value
of Student Managed Investment Fund to the overall improvement of the
School.
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