In Rochester Hills, Michigan, Oakland University students are gaining invaluable hands-on experience in managing investment portfolios, all thanks to the support of the Kresge Foundation.

Each semester, approximately a dozen students eagerly enroll in the student-run investment fund class, offering them the unique opportunity to analyze stocks and investment prospects with real money, in real time. The Kresge Foundation plays a pivotal role by granting these students access to its $2 million portfolio.

Learning by Doing

The allure of real-world application draws students to this unique class. Led by Assistant Professor Pratik Kothari, the smaller class size fosters personalized attention and mentorship, ensuring students grasp the intricacies of investment management.

Real Stakes, Real Decisions

With a multi-million-dollar portfolio at their disposal, students are entrusted with making crucial investment decisions. This hands-on experience not only sharpens their analytical skills but also instills a sense of responsibility and accountability.

Building a Talent Pipeline

Initiated in 2015 by Kresge Vice President and Oakland University finance graduate Rob Manilla, the program aims to cultivate a skilled workforce for local investment roles. Students find themselves well-prepared for the job market, with some securing employment directly attributable to their experience in the course.

Beyond Dollars and Cents

The benefits extend beyond financial gains, as students learn the importance of collaboration and consensus-building. Recommendations are made collectively, enhancing students’ presentation and negotiation skills.

Implications for Future Careers

The practical experience gained through managing a substantial portfolio distinguishes graduates in the competitive job market. Employers recognize the value of this hands-on education, equipping students with tangible skills applicable to wealth management roles.

Widening Horizons

While Oakland University’s program stands out, similar initiatives are gaining traction across higher education institutions. Institutions like Michigan State University and the University of Michigan offer comparable courses, emphasizing the growing importance of practical finance education.

In conclusion, the student-managed investment fund at Oakland University, supported by the Kresge Foundation, exemplifies the fusion of academic rigor and real-world application, preparing students for success in the dynamic field of wealth management.

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