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 $264,500 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 $1,187,000. The stock holdings returned has outperformed the S&P 500 index in nine of the last ten years.
SMIF Scholarship Recipients
For the 2019-2020 academic year, SMIF provided $43,000 in scholarships in the name of Dick Railsback and $38,000 in the name of Scott Doores.
Scholarship Winners in the name of Dick Railsback
- Christina Avila, MBA Healthcare Management from New Braunfels, TX
- Kamryn Benavidez, BBA Finance from Canyon, TX
- Ethan Camp, BBA Finance from Amarillo, TX
- Jessie Castillo, BBA Finance from Amarillo, TX
- Sunu Cherian, MBA General Business from Irving, TX
- Shawn Grainger, MBA Healthcare Management from Porter, TX
- Tessa Modisette, BBA General Business from Amarillo, TX
- Isaac Rosales, BBA Accounting from Canyon, TX
- Athari Rwaili, BBA Finance from Amarillo, TX
- Araceli Torres, BBA Management from Amarillo, TX
Scholarship Winners in the name of Scott Doores
- Angelica Alonzo, BBA Computer Information Systems from Hereford, TX
- Talon Baskin, BBA Management from Spring, TX
- Isaac Cardenas Casillas, BBA Finance from Canyon, TX
- Reese Forest, BBA Management from Montgomery, TX
- Jamaal Hamilton, BBA Finance from Dallas, TX
- Dyllanger Johnson, BBA Computer Information Systems from Canyon, TX
- Miguel Macias, BBA Computer Information Systems from Plainview, TX
- Gilbert Madrid, BBA Finance from El Paso, TX
- Tiana Parker, MBA General Business from Olympia, WA
- Josiah Pennington, BBA Finance from Amarillo, TX
- Tanner Schuetz, BBA Entrepreneurship from Sugar Land, TX
- Gerardo Tarango, BBA Finance from Perryton, TX
- Luis Torres, BBA Finance from Perryton, TX
- Justin Vigil, BBA Accounting from Shallowater, TX
- Levi Zemanuel, BBA Finance from Amarillo, TX
Summer 2019 SMIF Student Portfolio Managers
- Alexis Hext, MS Finance & Economics from La Junta, CO
- Candace Tarver, BBA Finance from Guthrie, TX
