A student-managed investment fund course design structure
ISSN: 0307-4358
Article publication date: 13 March 2019
Issue publication date: 28 May 2020
Abstract
Purpose
The purpose of this paper is to provide a detailed framework of goals, processes and solutions that can serve as a starting point for instructors in designing their own student-managed investment fund (SMIF) course experience that is relevant for all undergraduate business majors.
Design/methodology/approach
The design is suitable for a wide audience without prior equity investment expertise, lead to equity portfolio management competency and concentrate heavily on the understanding of the elements of a competitive business model. One noteworthy aspect of the proposed pedagogy is that it does not require a text, uses only real-world resources and is flexible in its execution.
Findings
The proposed pedagogy has achieved long-term success by consistently exceeding performance expectations.
Originality/value
According to the extant literature, many SMIFs are restricted to only a few students, develop skills unevenly across class participants, or are not formally organized or executed. There is a lack of in-depth and specific resources available in the extant literature to assist course designers in an SMIF design and execution. This manuscript fills this void by providing a detailed framework of goals, processes and solutions that can serve as a starting point for instructors in designing their own SMIF course experience.
Keywords
Citation
Phillips, M., Volker, J. and Cockrell, S. (2020), "A student-managed investment fund course design structure", Managerial Finance, Vol. 46 No. 4, pp. 473-480. https://doi.org/10.1108/MF-03-2018-0121
Publisher
:Emerald Publishing Limited
Copyright © 2019, Emerald Publishing Limited