UM College of Business Student Investment Program Sees Income

UM College of Business Student Investment Program Sees Income

MISSOULA – University of Montana College of Business students D.A. Davidson received $8,787 in earnings from the Student Investment Program, an investment firm that gives 21 university teams $50,000 to invest in the stock market.

The investment program is designed to provide hands-on experience in finance, stock research, portfolio management and investing. For many students, this is their first experience investing real money, and the program allows them to manage a diversified investment portfolio under the guidance of a financial advisor and class professor throughout the semester.

At UM, students analyze, discuss and implement investment opportunities as part of the $50,000 Portfolio course taught by Brad Cederberg, a 2006 graduate of the college’s College of Business and senior vice president and financial advisor at DA Davidson in Missoula. Not only do students learn investment skills and techniques, the course encourages collaboration, teamwork, and communication among students.

Top performing teams receive a check to their college, earning half of any portfolio earnings above 5%. This year, UM ranked fourth among 21 other universities with a success rate of 40.2%. By comparison, the S&P 500 returned 27.1% during the period.

In 2017, UM won the Fred Dixon Memorial Award for having the highest earning program. Five students from the UM College of Business were then invited to participate in the Davidson Institute event.

The Student Investment Program was founded by UM alumnus Ian B. Davidson started. He started the program in 1985 at a single university, but quickly expanded the program to cover most of the state and region. Considered highly innovative at the time of its conception, the program has proved invaluable to students considering careers in finance.

UM became the second institution to join the Student Investment Program in 1986. Since benefit sharing began in 1995, DA Davidson has donated $62,664 to UM.

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