Student-Run Investment Funds
to Yield High Educational Returns
Dozens of finance students soon will be analyzing security performance, checking returns and keeping up with investment trends as participants in the Naveen Jindal School of Management’s new student-run investment funds.
The Jindal School joins hundreds of universities nationwide that have set up student-managed investment funds, most created through endowments or donor funds, as teaching tools that offer future investment professionals a chance to manage real money while receiving course credit and earning their degrees.
The UT Dallas Student Investment Corporation was recently established thanks to a generous donation from the family of Jindal School finance professor Dr. Robert Kieschnick.
“We’ve been encouraging students to get involved in investing and have offered multiple opportunities for students to learn about investing and managing money,” Kieschnick, an associate professor who is coordinator of JSOM’s Finance and Managerial Economics area, said. Those opportunities for some time have included a high school stock market competition and mock portfolio competitions, he said, “but students want to manage real money.”
The investment funds will give students an ongoing, structured way of managing money, Kieschnick said. “The funds also give students the ability to recognize their experience on their résumés, as they will be interns of the UT Dallas Student Investment Corporation.”
The Kieschnick family donated $60,000 to launch the funds — $30,000 for the undergraduate fund, which focuses on domestic securities, and $30,000 for the graduate fund, which focuses on emerging market securities.
To participate in an investment fund, students must first take an investment management course (FIN 4300 for undergraduates and FIN 6310 for graduate students). To sign up for the investment fund course (FIN 4380 for undergraduates and FIN 6380 for graduate students), students must first get approval from the instructor.