Generating the best experience of Eberly’s
student organizations, the Student Managed Investment Portfolio (SMIP) directly
involves students managing university assets of more than $1 million in US Equities.
With collaboration and fiduciary oversight by the Foundation for IUP, Eberly College
of Business and Information Technology (ECOBIT) delivers this
opportunity to improve students’ skill sets applicable to financial services or
a multitude of business fields. Student members are not registered
investment advisors and do not receive compensation for their work; however, they gain working
knowledge that industry professionals seek from incoming job candidates.
SMIP can be taken as an official
1.5-credit course or as an extracurricular opportunity. In either case, members
will have access to lectures on modern portfolio theory, valuation, and
performance attribution. Associated assignments will also be assigned to SMIP’s
sector teams to facilitate experiential learning. Assignments mimic the typical
work flow at financial institutions. Completion of these assignments produces realistic
understanding of active fund management.
Eberly students have access to a Bloomberg
computer lab: Bloomberg Software is what financial professionals and investment
institutions use as the industry standard around the world.
Accessibility to this facility
affords working with investment teams to conduct market research and develop financial
models for investment proposals, research, and assignments. Partnered with
signature valuation lessons taught by Daniel Lawson, IUP professor, this
organization qualifies graduates for a career in financial services.
SMIP has members from IUP’s
undergraduate and MBA partners across the globe. This environment of diversity
and perspective is what IUP’s ECOBIT and SMIP create in the increasingly
connected world of business and financial services.
Please contact Mitchell O’Shell at M.P.OShell@iup.edu
for more information.
General meetings will be held:
Tuesdays from 5:00–6:15 p.m.
Eberly Room 109
“The Student Managed Investment Portfolio is one of IUP’s best-kept secrets. If you have the drive and commitment to learn, we will help make you the most marketable students on campus.”
—Jack Benischeck, former chief investment officer and president of SMIP
Chief Investment Officer
Mitchell P. O’Shell
Benjamin C. Putnam