A major activity for the existing Managers is to select the student Managers for the following year. Consistent with the philosophy of the fund, the selection process is designed to be implemented mainly by the students. The process described below has evolved based on two main criteria: professional protocol and fairness to the students. The interview and Investment Report allow the prospective Managers and Associates the opportunity to demonstrate their level of skill interest in the fund. The selection process for Analyst positions will consist of only a behavioral interview. Adherence to the procedures outlined below is critical to insure fair treatment to all students.

Management and Associates

Criteria

  1. Rising senior Economics major or double major including Economics
  2. Completion of (or concurrent enrollment in) either Financial Statement Analysis (BUSN 331), Financial Markets and Investment Analysis (BUSN 341), or Financial Modeling and Simulation (BUSN 342)
  3. Enrollment in Student-Managed Investment Fund (BUSN 343) in the senior year
  4. Completion of (or concurrent enrollment in) a minimum of two of the following courses: BUSN 222, 231, 233, 241, 331, 341, or 342; MATH 142, 231, 242, or 331
  5. Minimum College GPA of 2.70. This criterion is subject to change based on the candidate pool; when changed it will be approved by the Faculty Advisor and applied consistently to all candidates

Process and Protocol for Managers and Associates

  1. In the fall semester, a descriptive statement about TIGERFUND, the selection process and criteria is distributed in all junior level classes by the Department of Economics faculty.
  2. In late January, Fund Managers will announce the beginning of the selection process by posting notices in Morton Hall. The announcement includes the location of an open informational meeting occurring on every second Thursday of February at 11:30 AM.
  3. At the open meeting, the Manager selection criteria and process are reviewed and any questions are answered by the existing TIGERFUND Managers. The due date and time for applications is announced as well as the relevant dates for the process.
  4. The General Manager (or a designate) collects all applications by the announced date and time.
  5. The TIGERFUND Managers forward a list of the interested students to the Faculty Advisor. The Faculty Advisor gathers course grades and GPA information for the students. Ineligible students are removed from the list and it is returned to the TIGERFUND Managers. To maintain student confidentiality reasons for ineligibility will not be disclosed by the Faculty Advisor.
  6. A list of candidates accepted for interviews is emailed to all applicants.
  7. Candidates are interview by a team of TIGERFUND Managers and the interview forms are filled out. Managers are expected to abstain from interviewing any candidate with whom they have an especially close relationship.
  8. The TIGERFUND Managers rank all candidates by order of their preference based on the interviews. The General Manager collects the interview forms from the Managers and tallies the Managers' assessments for each candidate. The vote tally and the interview forms are given to the Faculty Advisor for validation.
  9. The Faculty Advisor reviews the list with the economics department faculty and solicits faculty recommendations. If necessary, the Faculty Advisor meets with the TIGERFUND Managers to finalize the list.
  10. The list of new Managers will be posted on the 2nd floor of Morton Hall and all candidates are notified by email.

Analysts

Criteria

  1. Rising junior Economics major or double major including Economics
  2. Completion of (or concurrent enrollment in) either Financial Accounting and Analysis (BUSN 231), or Managerial Accounting and Analysis (BUSN 233)
  3. Minimum College GPA of 2.70. This criterion is subject to change based on the candidate pool; when changed it will be approved by the Faculty Advisor and applied consistently to all candidates

Process and Protocol for Analysts

  1. In the fall semester, a descriptive statement about TIGERFUND, the selection process and criteria is distributed in all sophomore level classes by the Department of Economics faculty.
  2. In late January, Fund Managers will announce the beginning of the selection process by posting notices in Morton Hall. The announcement includes the location of an open informational meeting occurring on every first Thursday of February at 11:30 AM.
  3. At the open meeting, the Analyst selection criteria and process are reviewed and any questions are answered by the existing TIGERFUND Managers. The due date and time for applications is announced as well as the relevant dates for the process.
  4. The General Manager (or a designate) collects all applications by the announced date and time.
  5. The TIGERFUND Managers forward a list of the interested students to the Faculty Advisor. The Faculty Advisor gathers course grades and GPA information for the students. Ineligible students are removed from the list and it is returned to the TIGERFUND Managers. To maintain student confidentiality reasons for ineligibility will not be disclosed by the Faculty Advisor.
  6. A list of candidates accepted for interviews is emailed to all applicants.
  7. Candidates are interview by a team of TIGERFUND Managers and the interview forms are filled out. Managers are expected to abstain from interviewing any candidate with whom they have an especially close relationship.