{"id":125696,"date":"2022-06-03T10:21:43","date_gmt":"2022-06-03T14:21:43","guid":{"rendered":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/?p=125696"},"modified":"2024-01-04T14:34:01","modified_gmt":"2024-01-04T19:34:01","slug":"dbj-wright-state-finance-students-develop-real-life-investment-skills-with-new-funding","status":"publish","type":"post","link":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/2022\/06\/03\/dbj-wright-state-finance-students-develop-real-life-investment-skills-with-new-funding\/","title":{"rendered":"Dayton Business Journal: Wright State finance students develop real-life investment skills with new funding"},"content":{"rendered":"

Excerpt<\/strong><\/em><\/p>\n

\"\"

Finance students in the Real Money Investing course usually meet in the Soin Trading Center in Rike Hall.<\/p><\/div>\n

Wright State\u2019s Raider Asset Management Fund has received $2.5 million in additional funding for students to invest, more than doubling the portfolio\u2019s assets to $4.9 million.<\/p>\n

Finance students in the\u00a0Raj Soin College of Business<\/a>\u00a0manage the portfolio of university funds in a course titled Real Money Investing. The students who take the course make all the investment decisions for the portfolio, within the fund\u2019s policy guidelines.<\/p>\n

A record of success<\/strong><\/p>\n

The investment portfolio was established in 1996 with $60,000 from the Wright State University Foundation and was infused with an additional $500,000 in 2006 from the Wright State Board of Trustees.<\/p>\n

Since 2016, the portfolio\u2019s value has grown 11.9 percent per year, growing to $2.4 million in April 2022.<\/p>\n

\u201cRaider Asset Management has done an excellent job and has earned the trust of the Board of Trustees at Wright State,\u201d said Matthew Ingram, senior lecturer in finance who teaches the investing course. \u201cThe students are excited to add a new asset class to the Real Money Investing portfolio.\u201d<\/p>\n

Expanded opportunities<\/strong><\/p>\n

The new source of funding will allow the students to expand their investment management experience from a portfolio of equities (stocks) to an additional portfolio of fixed-income products, (bonds).<\/p>\n

Fixed-income products are a significant part of the global financial system, Ingram said.<\/p>\n

\u201cThe students will try to maximize returns by studying the interest-rate markets, company balance sheets and various economic indicators,\u201d he said.<\/p>\n

The new funding was announced during the April 29 meeting of the Finance, Audit, Governance, and Compliance Committee of the Wright State Board of Trustees.<\/p>\n

Experiential learning at its best<\/strong><\/p>\n

Members of the committee expressed excitement that the university is providing the students an additional opportunity to develop their investment skills.<\/p>\n

\u201cThere are a lot of fine high-value careers in fixed-income analysis and management,\u201d said Doug Fecher, chair of the Finance, Audit, Governance, and Compliance Committee and former president and CEO of the Wright-Patt Credit Union. \u201cSo, a student-direct fixed-income fund will be a great experience for our students and I think will lead to them getting very high-value career opportunities upon graduation.\u201d<\/p>\n

Trustee Andy Platt, managing director and financial advisor at Northwestern Mutual Dayton, said giving students the \u201cbest experience to learn, develop\u201d their investment skills make them \u201cmuch more attractive when they are looking for employment.\u201d<\/p>\n

\u201cIt is amazing the amount of successful financial planners, CFAs in the 30s, 40s and 50s \u2026 working in the Dayton region,\u201d continued Platt, who graduated from Wright State in 2009 with a bachelor\u2019s degree in finance.<\/p>\n

Students develop skills in risk management and company valuation in the Real Money Investing course and learn how to complete detailed research and pick stocks and present their findings and ideas.<\/p>\n

\u201cThe Department of Finance and Financial Services has set up a framework for investment management in the Real Money Investing course that allows the students to learn by doing,’\u201d Ingram said. \u201cWe believe that experiential learning is an essential part of a finance graduate\u2019s education.\u201d<\/p>\n

To learn more about the Raj Soin College of Business, visit\u00a0<\/em>wright.edu\/business<\/em><\/a>, email\u00a0<\/em>rscob-admin@wright.edu<\/em><\/a>, or call 937-775-2437.<\/em><\/p>\n

View the original story at bizjournals.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wright State\u2019s Raider Asset Management Fund has received $2.5 million in additional funding for students to invest, more than doubling the portfolio\u2019s assets to $4.9 million. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":23,"featured_media":123620,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[730],"tags":[],"class_list":["post-125696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wright-state-in-the-news"],"_links":{"self":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/125696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/comments?post=125696"}],"version-history":[{"count":4,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/125696\/revisions"}],"predecessor-version":[{"id":145080,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/125696\/revisions\/145080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/media\/123620"}],"wp:attachment":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/media?parent=125696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/categories?post=125696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/tags?post=125696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}