Cardinal Fund Undergrad Program (5/20)
Want to learn corporate finance from the Graduate School of Business (GSB) professor who wrote the book on it? Interested in managing almost a million dollars of real money? Dream of using the state-of-the-art workstations at the GSB’s Real-Time Analysis and Investment Lab?
Join the Cardinal Fund, a unique two-year program for a select group of undergraduates. The program is offered by Stanford Student Enterprises (SSE) in conjunction with the Department of Economics and the Graduate School of Business. Participants will learn to manage money under the guidance of GSB faculty, including Jonathan Berk, the A.P. Giannini Professor of Finance, and Kevin Mak, the director of the Real-Time Analysis and Investment Lab. In addition, students in the program will visit various portfolio companies, hear from guest speakers like John Powers, the former CEO of Stanford Management Company, and manage the small cap allocation of SSE’s $18 million endowment.
No experience in finance is required—we’re looking for students from all majors and backgrounds who are excited by learning financial economics as rapidly as possible. Once accepted to the program, participants are expected to enroll in ECON 183 for six consecutive quarters, not including summer.
The first quarter of the course will involve a financial boot camp culminating in a final presentation to demonstrate understanding of the principles of corporate finance. Once the presentation is complete, the new class will join the current team acting as a mutual fund manager on behalf of SSE.
Information sessions will be held on May 3rd and May 9th at 7pm; applications are due on May 20th, and final round interviews will be conducted the following week. For more information about the class and to submit your application, please click here, or use this link: http://www.cardinalfund.org.
Cardinal Fund / Stock Trading Lab - Open House on May 3rd and May 9th at 7pm
Kevin Mak, Director of the Real-time Analysis and Investment Lab (RAIL) will be running an info-session about the Cardinal Fund and the RAIL Lab. This 90 minute session will introduce students to the many investment data resources in the lab, and feature a live stock trading simulation that is used in GSB classes. Kevin will also discuss the Cardinal Fund, and how it uses the data resources to manage the $1 Million dollar student-managed portfolio. The session will be on Tuesday May 3rd at 7PM, on the third floor of the Bass Library.