Student Investment Management Group
About the Group
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 Congressman Frank J. Guarini. 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