Student-Managed Investment Fund
Through the Student-Managed Investment Fund (SMIF), finance majors explore applied investing. Students manage a portfolio of funds and decide on stocks to purchase and sell with a goal of long-term growth. They learn investment fundamentals, valuation techniques, and technical analysis. All finance majors explore one or more investment opportunities, which are forwarded to the student portfolio managers for consideration. Portfolio managers attempt to meet the dual objectives of increasing the long-run value of the portfolio combined with the short-run objective of providing student scholarships. Since 2001, the program has awarded over $160,000 in scholarship funds to business students. Established by local community leaders at an initial value of $100,000, the student portfolio’s current value is approximately $1,020,000. The stock holdings returned has outperformed the S&P 500 index by a little more than 3% over the last five years.
2016 SMIF Scholarship Recipients
The 2016 SMIF scholarship awards range from $1,000 to $5,000 per student. The 2016 scholarship winners are:
2016 SMIF Student Portfolio Managers