Search results

21 – 30 of 38
Article
Publication date: 29 May 2019

Mahmoud Mustafa Haddad, Arnold L. Redman and Nell S. Gullett

The Tennessee Valley Authority (TVA) provided funds to 25 universities in its service region for the establishment of student-managed investment funds (SMIF). The purpose of this…

Abstract

Purpose

The Tennessee Valley Authority (TVA) provided funds to 25 universities in its service region for the establishment of student-managed investment funds (SMIF). The purpose of this paper is to examine the TVA Investment Challenge Program and its implementation at The University of Tennessee at Martin (UTM).

Design/methodology/approach

Each university has the freedom to structure the process for students to manage its investment fund as it chooses. This paper provides a description of the overall Investment Challenge Program and the specific Program at UTM.

Findings

The Investment Challenge Program is a valuable experiential learning opportunity for finance majors at UTM. Participating students enhance their portfolio management knowledge, their written and oral communication skills, and their employment opportunities.

Research limitations/implications

The paper is limited to TVA Portfolio guidelines and managerial style.

Practical implications

Faculty who supervise similar programs at other universities may be able to replicate some aspects of the program’s design.

Originality/value

The paper describes the TVA Investment Challenge, a unique program of SMIF. TVA provided funds to 25 universities with the stipulation that the student managers adhere to the same guidelines as TVA’s professional money managers. The university is a participant in the Program.

Details

Managerial Finance, vol. 46 no. 5
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 14 June 2011

Jeff Donaldson, Donald Flagg and J. Hunter Orr

The purpose of paper is to provide students with a sorting methodology to select securities and build portfolios.

1753

Abstract

Purpose

The purpose of paper is to provide students with a sorting methodology to select securities and build portfolios.

Design/methodology/approach

This paper uses various accounting variables for all firms in the S&P 500, sorted by sector. The fundamental metrics are converted into standardized Z‐scores and then combined into a single score used to rank individual firms within each industry. Equity portfolios are then constructed using the aggregate Z‐scores.

Findings

In the authors' experience with student‐managed investment funds (SMIFs), students at the start of the course consistently ask how to begin selecting securities or seek to learn a new model for selecting securities. Discussions on stock selection are helpful to engage students in this area, but an attempt is made to further this by providing a comprehensive stock‐selection exercise to help students better understand how to appropriately pick stocks and create a portfolio.

Practical implications

In this exercise, students are reminded of the limitations surrounding the stock‐screening process and are provided with an alternative, more robust method for selecting securities that is commonly utilized by investment professionals. While the exercise described in this paper is done in reference to SMIFs, it is equally applicable to standard investment courses.

Originality/value

This paper provides an exercise which provides students a way to dive deeper into stock selection through stock sorting. Stock selection is typically a hot topic for most students in finance courses. Stock screens may permit a search on multiple variables simultaneously but typically do not allow for applying specific weights to each metric. A sorting method, avoids these issues by permitting the user to create custom variables, affords the opportunity to view all of the variables used in the screening process simultaneously, and includes the option to apply specific weights to each variable.

Details

Managerial Finance, vol. 37 no. 7
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 15 March 2019

Thomas Aichner

The purpose of this paper is threefold: to measure and compare the degree of social media use (SMU) by football clubs, to assess football fans’ engagement with content posted by…

6592

Abstract

Purpose

The purpose of this paper is threefold: to measure and compare the degree of social media use (SMU) by football clubs, to assess football fans’ engagement with content posted by football clubs (FCs) and to evaluate differences in user engagement with commercial social media advertisement targeting football fans, based on the advertisements’ appeal.

Design/methodology/approach

This paper employs three approaches. First, it uses the corporate social media use (CSMU) model to analyse 20,954 Facebook, YouTube, Instagram and Twitter postings from 78 European FCs. Second, it develops a categorisation for social media postings and uses ANOVA and Scheffè tests to conduct a pairwise comparison. Third, it uses a fictional hedonic low-involvement product (chocolate bar) to conduct an experiment by creating a Facebook advertising campaign with three advertisements that are manipulated regarding their general appeal.

Findings

Study 1 demonstrates that individual FCs show big differences between their degree of SMU. There are, however, no differences between European leagues, social media platforms, or more/less successful FCs. The results of Study 2 indicate that social media users like, comment and share postings by FCs independently of the content of the posting. Study 3 reveals that both user engagement and reach of advertisements can be substantially increased by employing football-related appeals.

Originality/value

This paper helps understanding consumer engagement in social media. The results presented are relevant and helpful for a multitude of actors, including FCs and other sports clubs, companies targeting football fans and researchers interested in social media and sports marketing.

Details

Marketing Intelligence & Planning, vol. 37 no. 3
Type: Research Article
ISSN: 0263-4503

Keywords

Article
Publication date: 29 May 2019

Matteo Arena and David K. Krause

The purpose of this paper is to suggest best practices for managing a successful student-managed investment program (SMIP) based on the experience of the Marquette University’s…

Abstract

Purpose

The purpose of this paper is to suggest best practices for managing a successful student-managed investment program (SMIP) based on the experience of the Marquette University’s Applied Investment Management (AIM) program.

Design/methodology/approach

The authors provide a detailed description of the program curriculum, instructional design, fund structure, program history, fund performance and student outcomes.

Findings

Through its experiential learning innovations, focus on ethics and close relationships with a dedicated alumni group, the AIM program prepares students for a successful career in investment analysis. Students who graduate from the AIM program experience a significantly higher successful placement rate and higher compensation at their first post-graduation job than finance major students who graduate outside the program.

Originality/value

This paper provides a detailed description of the distinguishing characteristics of the AIM program and, in doing so, it offers ideas that could be implemented by other SMIPs to improve student satisfaction, proficiency in investment analysis and employment prospects.

Article
Publication date: 8 February 2022

Tim Carpenter

In 2004, Roanoke College began offering a Student-Managed Fund course, wherein students were able to manage a portfolio of equity and fixed income using real money. While not a…

Abstract

Purpose

In 2004, Roanoke College began offering a Student-Managed Fund course, wherein students were able to manage a portfolio of equity and fixed income using real money. While not a widely adopted concept at the time, it has since become quite common in finance programs, either through courses or clubs. In February 2019, the author supplemented activities in the course with the addition of real cryptoassets for students to manage. The paper discusses the design, implementation, and pedagogical advantages of the fund.

Design/methodology/approach

The paper expands on the existing literature regarding student-managed investment funds (SMIFs or SMFs) by presenting a case study on the implementation of a student-managed cryptoasset fund at Roanoke College.

Findings

The value of experiential learning through student-managed funds (SMFs) is well established. Thus, these programs have become much more common in recent years and are now often expanding to securities beyond equities and bonds. The introduction of cryptoassets to be traded by students at Roanoke College is another step in improving students' exposure to various markets and appears to further improve research and critical thinking skills.

Originality/value

This is certainly one of the first, and to the author's knowledge may be the only, real money cryptoasset fund managed by students.

Details

Managerial Finance, vol. 48 no. 4
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 22 May 2023

Robert Bogue

This paper aims to illustrate the growing role of robots in the electronics industries.

Abstract

Purpose

This paper aims to illustrate the growing role of robots in the electronics industries.

Design/methodology/approach

Following a short introduction, this paper discusses robotic applications and products in three sectors of the electronics industry: semiconductor processing, printed circuit manufacture and electronic product assembly. Finally, conclusions are drawn.

Findings

The major application in semiconductor manufacture is the handling of silicon wafers during both front- and back-end processes and products include cleanroom certified multi-axis robotic arms, some mounted on mobile platforms, and automated guided vehicles. Applications in printed circuit board production include component handling and insertion, soldering, inspection, testing and packing. These exploit Cartesian, SCARA and six-axis articulated robots and cobots play an important role where automated and manual processes operate in close proximity. Electronic product assembly applications include part handling, soldering, bonding and sealing, screw driving, test and inspection and packaging. Cobots offer the benefits of a small footprint which allows deployment in the often limited space and use in proximity to humans. As yet, robotic assembly of complex electronic products such as smartphones and computers has not been realised for technical reasons.

Originality/value

This study provides a detailed review of robotic products and applications in three key sectors of the electronics industries.

Details

Industrial Robot: the international journal of robotics research and application, vol. 50 no. 5
Type: Research Article
ISSN: 0143-991X

Keywords

Content available
Article
Publication date: 28 May 2020

Stephen Buser

144

Abstract

Details

Managerial Finance, vol. 46 no. 4
Type: Research Article
ISSN: 0307-4358

Content available
Article
Publication date: 1 April 2003

70

Abstract

Details

Microelectronics International, vol. 20 no. 1
Type: Research Article
ISSN: 1356-5362

Keywords

Content available
Article
Publication date: 1 July 1999

40

Abstract

Details

Industrial Robot: An International Journal, vol. 26 no. 5
Type: Research Article
ISSN: 0143-991X

Keywords

Content available
Article
Publication date: 28 May 2020

Stephen Buser

Abstract

Details

Managerial Finance, vol. 46 no. 4
Type: Research Article
ISSN: 0307-4358

21 – 30 of 38