Student Investment Management Group

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Student Investment Management Group

Â鶹´«Ã½ the Group

 

NJCU SIM Group at the NASDAQ
NJCU SIM GROUP AT THE NASDAQ, after winning RISE Award at the Student Investment Conference.

 

Faculty Advisor: Rick Mayell, Assistant Professor of Finance: rmayell@njcu.edu
President: Emilio Schmidt: eschmidt1@njcu.edu
Objective: Provide students with the opportunity to engage in the actual world of investment through active participation in the management of a significant investment portfolio.
Our Constitution (PDF)

The Student Investment Management Group is a team of students who invests and monitors a student-managed securities fund, with the assistance of faculty advisors. The Group was formed through the inspiration and generosity of . Our Previous faculty advisors consist of the follow professors at NJCU: Dean of School of Business Dr. Bernard McSherrry, Dr. George Li and, Dr. Marilyn Ettinger, and Professor Christopher Versace. Our account is held at Wells Fargo Advisors. with the Scorziello-Perez Financial Group.

The SIM group was created as a result of a $100,000 grant by NJ Representative Frank Guarini.

  • Students manage an actual 40 stock portfolio worth over $390,000. Stock selections are made by student stock analysis.
  • The SIM group also organizes guest speakers, financial firms site visits, and investment seminars.
  • In April 2013 the NJCU SIM group won the Growth Portfolio National championship over 200 other universities at the 13th Annual Student Investment Competition sponsored by the University of Dayton.
  • Membership is open to all NJCU students, undergraduate and graduate, who have a beginner level knowledge of business, economics, or financial markets.

Requirements

  • All majors with at least beginner knowledge of business, economics or financial markets, at either the undergraduate and graduate levels, are invited to apply to join. Every student-member is expected to attend meetings regularly and to actively participate.
  • The importance of teamwork and support from other members is highly emphasized. Junior members will be grouped with senior members to work as a team.

Benefits

As student-members of the SIMG, you will have the opportunity to apply the theories, methods, and strategies that you learn in the classroom when making stock proposals. Such real-world experience will be a valuable asset when entering the finance world.

Other benefits include:

  • Scholarship Opportunities
  • Internship and/or Co-op Opportunities
  • Real-money Investment Experience
  • Gain Management Experience

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