Presentations
Students in the Applied Investment Program are required to make presentations outside of class to groups such as the Advisory Board for the Department of Finance and as part of the CFA Investment Research Challenge.
Professional Reports
While the primary objective of the program is to develop analytical skills and critical thinking, an ancillary objective of AIP is about learning to be a professional. Students will have an opportunity to learn how to write professional quality reports, how to present their ideas effectively and how to function in a professional environment.
Fiduciary Duty
Although being part of AIP is very rewarding, it is also very challenging. Since a real portfolio is involved students have serious responsibilities: There is a fiduciary duty to manage funds of the University as well expectations that are not present in other courses.
Members of the Applied Investment Program are expected to put more work into this course than any of the courses that they have taken previously.
About the Fund
Our student-managed investment fund (SMIF) is invested in core, large-cap equity style. Students are required to propose investments in the fund across the gamut of growth and value stocks in order to expose them to successful analytical techniques in a range of styles. In so doing, a secondary objective of the program is accomplished: the discernment of each student’s investment orientation.
While our SMIF is managed as a blended, large-cap equity fund investments may include common stock, preferred stock, closed‐end investment funds, and exchange traded funds (ETF).
The fund is benchmarked against the S&P 500 Index.