Blog Archive Diamonds in the Rough Managing Millions Through the MBA Investment Fund at Texas McCombs

Blog Archive Diamonds in the Rough Managing Millions Through the MBA Investment Fund at Texas McCombs MBA applicants can get carried away with rankings. In this series, we profile amazing programs at business schools that are typically ranked outside the top 15. Many MBA programs offer their students an opportunity to manage “real” money during their two years of study. Some schools give their students a few thousand dollars to work with, while others give their students a few million in endowment funds, but none offer as much as the  McCombs School of Business at the University of Texas at Austin, where students manage more than $17M (yes, we said $17  million!). Through the  MBA Investment Fund, L.L.C.â€"the first legally constituted private investment company managed by studentsâ€"students oversee funds contributed by more than 40 investors in the Growth Portfolio, Value Portfolio, and Endowment Fund. Each year, up to 20 students are selected  as portfolio managers through an application/interview process, and these students work with investment counselors on economic forecasting, risk management, and the pitching of stock and bond ideas, and then report to an advisory committee composed of faculty from the University of Texas’s dep artment of finance and members of the investment community. If you are interested in investment management, would you not want to be able to say, “I helped select stocks for a multimillion-dollar fund”? Share ThisTweet Diamonds in the Rough