This course provides an applied financial analysis and investment opportunity for both undergraduate and graduate students. Students obtain hands-on experience in establishing, managing, and reporting on an actual investment fund set up with the University. Students review the overall economic operating environment, review selected industry trends, and understand the global/political impact of investment decisions. Topics include applying a risk-based approach to identify investment opportunities, conducting investment research and analysis, establishing performance benchmarks, selecting individual investments for acquisition, executing actual trades, reviewing investment results, and evaluating monthly and final portfolio performance. Students also examine the tax implications of investment decisions and the necessary oversight controls to comply with legal and regulatory requirements.
At the inception of the course in September of 2008, two student run investment funds were created from a donation of $250,000, a Green Fund and a Global fund. After its first year of student investment stewardship, both funds increased in value and exceeded their benchmarks by over 20%, a remarkable achievement given the severe market losses suffered by most in that year. Each year, new students to the course learn about criteria for Green and Global funds and how to apply them in choosing investments.