Student Managed Investment Fund: Apply by Oct. 30!

Areas of Study Finance | Oct 25, 2012 | Nicole Gesualdo

Junior finance majors and concentrators who hope to be part of the Student Managed Investment Fund for the next two semesters must submit their applications by next Tuesday, October 30 at 3 p.m.

Twelve of the 24 students you see in the class at left will finish their term in the fund this semester, and Professor James R. Kelly is looking for 12 new analysts to take their place beginning in January.

To be considered, juniors with a GPA of 3.0 or higher should submit a copy of their résumé, along with a one-page essay explaining why they want to participate, to smif@fordham.edu.

The Student Managed Investment Fund program consists of two consecutive one-semester academic courses: FNBU 4462 in fall and FNBU 4463 in spring. Each is a three-credit finance elective, and a student’s second-semester SMIF course also satisfies the global investments requirement for the finance major.

This program is one of the most sought-after academic experiences at the Gabelli School of Business, and it is among the most exciting examples of the school’s philosophy of learning by doing. With Professor Kelly’s guidance, students actively manage a $1 million global balanced portfolio — funds from Fordham University’s actual endowment — consisting of securities representing the major asset classes of equities, bonds, FX, and hard assets including commodities and real estate securities. This real-world investing experience is very impressive to prospective employers.

If you are interested, don’t miss the October 30 deadline!