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Mission
In the fall semester 2006, the College of Business created the Student Managed Investment Fund. The Fund provides students with hands-on, real world experience by enabling them to apply financial and investment concepts learned in the classroom to corporate equity analysis, portfolio management, and group decision making.

The Fund is an innovative experiential learning program where business students in two upper division finance courses (Investment Analysis and Portfolio Theory) meet regularly to evaluate national and international economies, industry conditions, and corporate performances. Using this information, students select and buy (or sell) actual stocks and bonds with the goal of increasing the overall value of the Fund. The students also develop the investment policy that guides their decisions on where to invest the monies.

The Fund started with an initial sum of $200,000 – provided by the College’s alumni and friends and Northern Michigan University.

The professors in the Finance program are closely associated with the integration of the Fund into the curriculum and with overseeing the overall functioning of the Fund. The Fund also has a team of industry professionals who serve as an advisory board. Student leaders of the fund and supervising faculty will adhere strictly to the Association for Investment Management and Research (AIMR) codes of ethics.

With the establishment of this Fund, the College of Business and Northern Michigan University has joined a select number of universities which offer this learning opportunity to its students. To learn more about this Fund, please contact advisor Trent Batchelor at tbatchel@nmu.edu.

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