BUAD 421: Student Managed Investment Fund (SMIF)

Professor Hugh Marble

Fall & Spring, 3 Credits
May be repeated one time

The purpose of this course is to provide real-world portfolio management and security analysis experience through the management of the Mason School Student Managed Investment Fund (SMIF).

Increased interaction with the investment community through the SMIF course provides enhanced learning opportunities and exposure to recent industry practices. Investment decisions are made according to both quantitative and qualitative analysis performed by the students. Each student focuses on alternative financial models, industries and/or sectors of the market.

The students thoroughly research and present their analysis to the SMIF students and faculty. Security selection is based on a diversified portfolio approach seeking to enhance risk-adjusted returns versus the S&P 1500 as its benchmark. The underlying investment theme of the fund is based on the principles of “Fundamental Analysis.”

Faculty and professional mentors train students in the application of Fundamental Analysis and Security Selection through several lecture/workshop sessions.

About Professor Marble

Hugh Marble III joined William & Mary in 2015 as a Clinical Assistant Professor of Finance in the Raymond A. Mason School of Business. Before coming to William & Mary, he served on the faculty at the University of Vermont. Professor Marble earned his Ph.D. in finance from the University of Florida. Prior to pursuing the Ph.D., Hugh worked as a consultant at firms that advised public sector entities on debt financing and capital planning. Professor Marble is a CFA charter holder and an active volunteer for the CFA Institute.

Hugh Marble