April 21, 2021

Under the slow and steady creep of the glittering buzz of Leslie և William Collins Business Analytical Laboratory, a select group of the brightest students at The Peter J. Tobin College’s St. John’s College announces making effective real-time financial decisions.

The small staff of undergraduate and graduate business students, or in this case cash managers, are St. A member of the highly competitive student-funded investment fund (SMIF) program at John’s University. Together, they are responsible for two of the more than $ 8 million in funding, part of the university’s support.

“This is more than just a theory,” said Conor Brown, a third-year finance specialist from West Hampstead, New York. “Investment funds are as real as practical portfolio management experience.”

Student-funded investment funds have generated strong, long-term returns. Since 2001, the investment fund managed by undergraduate students has been 7.5 percent year-on-year with a cumulative income of 332 percent. Since 2002, the alumni-managed investment fund has generated 9.7 percent annually, or 459 percent cumulative income.

For the past 20 years, under the auspices of և Supporting Faculty Advisors, Tobin Students have been SMIF’s financial operators and advocates for the generous legacy of St. John’s alumni. The Undergraduate Foundation was established in 2001 by P. Ames P. A $ 1 million donation from Riley’s 74CBA, 75MBA, 03HON, Retired Partner and CEO, Goldman Sachs Group, Inc. A year later, a $ 250,000 alumni fund was established: Thomas E.

For undergraduate and graduate students in special finance courses, the SMIF pilot training program is a unique opportunity for Tobin students to manage a real investment portfolio while performing the duties of a professional money manager. Students assess current assets, analyze the business environment, and identify investments that they believe will improve the long-term, risk-adjusted portfolio performance.

It is the students’ trustworthy duty to implement և maintain a long-term investment strategy արկել to offer concrete investments that will benefit from that strategy. Some research is done individually, while other research is done as a team.

“This course gives me the opportunity to introduce our students to the real applications of economics and finance theories,” said Dr. Andre B., Assistant Professor, Department of Economics and Finance. De Souza. “Involvement in this course is not like the others, because the discussion of each lesson և has an impact on the financial response, և the students appreciate better և understand this concept.”

Students make all investment decisions, the proposals of which are submitted to the Investment Committee for review. The Board of Trustees determines the distribution of funds և receives annual information on the progress of funds from selected SME students. SMIF costs provide scholarships for qualified students at Tobin Business College. Since its inception, the Undergraduate Foundation has awarded $ 1,823,481 to 244 undergraduate students, and the Graduate Foundation has awarded $ 712,480 to 91 students.

During a recent course, students presented assignments իրենց their personal investment suggestions based on weekly surveys. After each presentation, classmates asked questions to their peers, and Dr. de Souza immediately responded to the strengths and weaknesses of their financial analysis.

“This is a wonderful, real-life learning opportunity,” encouraged Sarah Calivan, a sophomore from Glendale, New York, who presented her weekly overview of obvious, obscure stocks.

“We learn in one semester how to value stocks, to better understand that you can not invest based on one piece of news or information.”

Lessons in corporate social responsibility, conflict of interest, and personal integrity are taught throughout the course. In the event of a conflict of interest, the student does not participate in research, discussion, or voting on any contributions related to a potential conflict of interest. Students learn that the interests of the means outweigh the interests of the participants, as well as the value of a consistent, uncompromising adherence to strong moral and ethical principles.

Another important part of the curriculum focuses on the many ways in which student fund managers և the larger university can have a positive impact on society. The most important of these is the wise allocation of the university’s financial investment resources և the moral obligation to adhere to the highest standards of social responsibility. Investments are encouraged in companies whose products, services, and activities are in line with the University’s Catholic values. Students avoid companies whose products, services, or operations are considered to be in conflict with the University’s mission.

“At Tobin, we train our students not only to make a profit, but also to make a difference,” said Norian R. Sharp, Ph.D., Dean և Joseph ozef H. And Maria Sh. Tobin Business College.

“Our contributions to experiential learning opportunities provide valuable platforms for our SMIF students to learn market-related skills.”

Dal osh Miller, a third-year financier from Dallas, Texas, long looked at the direct and indirect benefits of the course. “This is an enriching example of experiential learning, the closest thing to having real life.”

Osh Osh, who has already secured a summer internship, is teaching the course, helping him to fill the position. “I became more and more familiar with the markets. This lesson gives me the valuable skills needed to do justice research, analysis, and presentation of my ideas, no matter where or how my career develops. ”