The UCD Student Managed Fund (SMF) has announced a two year sponsorship deal with Goodbody Stockbrokers, valued at €30,000.
Establish last year by Economics & Finance students Tom O’Sullivan, James Tighe, Kevin Sweeney, Niall Dunleavy, Sam Butler and Phil Doran, it originally operated as a virtual fund, and saw 150 students get involved in the project as research analysts. It is supported by the Quinn School of Business, and is linked with UCD’s Investors and Entrepreneurs Society (I&E).
The SMF gives students the opportunity to operate on real world equity or company analysis, similar to that of an Investment Bank Research Analyst. Students work in teams, analysing companies within different sectors such as Food & Beverages, Financials, Gaming, Airlines, Construction and Resources. The groups then compete to pitch their company analysis, outlining why they think their research will yield a profit in the medium to long term due to an undervalued share price at the moment. Cash prizes are offered for some of the best pitches.
Describing the SMF, Tom O’Sullivan said that the Fund is “much larger than the initial start up of the Trinity SMF and one of the largest in the university world today.” He commented that getting involved offers “the opportunity to really stand out with this experience in your CV and opens many doors, particularly in the International Investment Banking, Sales & Trading and Investment Management world.”
The UCD SMF will return for Semester 2 with a launch evening on Monday 26th January, at 6pm in the Quinn School of Business. The organisers are looking for more students to join as analysts, with recruitment open to those from all backgrounds, while students studying business, law, computer science or engineering are especially encouraged to sign up. There will also be Bloomberg Terminal training offered to analysts beginning on Wednesday 28th January. Interested students are encouraged to contact firstname.lastname@example.org, and to check out the I&E society’s Facebook page.