Each year, a team of ten to twelve MBA students are selected to manage the Silver Fund, which includes portfolios of approximately $3.5 million in real-dollar funds.
The Silver Fund was established in 1984 through a donation from the Harold Silver family and provides students an opportunity to manage a $2 million stock portfolio and conduct the associated security analysis and portfolio performance measurement. Students also have the opportunity to manage a $5 million bond portfolio of Zion Bank funds where they learn about and apply fixed income concepts including credit and duration analysis.
Silver Fund is a limited-enrollment six-credit course (3.0 credits per semester) that runs throughout the fall and winter semesters for second-year students. Selection for Silver Fund is made by a committee of MBA finance professors. Taking MBA 622 Investments in the first year of the program is strongly preferred but not required for admission to Silver Fund. The criteria for selection include:
- GPA in first year finance, accounting, and economics classes
- Prior work experience, secured summer internship, and interest in pursuing a financial markets career
- A team-oriented personality
Historically, participation in the Silver Fund has been helpful in obtaining positions in investment management and investment banking firms but is also a useful experience for students interested in corporate finance.
More information on Silver Fund can be found here.