TigerFund Selection

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 or advanced junior in Economics and Business or a program that includes significant training in Economics or Mathematics
2. Completion of (or concurrent enrollment in) a minimum of two of the following courses by the end of the fall semester: BUSN 231, 241, 331, 341, or 342; MATH 142, 222, 231, 242, 243, or 331
3. Completion of Financial Statement Analysis (BUSN 331), Financial Markets and Investment Analysis (BUSN 341), Financial Modeling and Simulation (BUSN 342), Statistical Methods (MATH 222), Calculus III (MATH 242), Differential Equations (MATH 243), or Optimization (MATH 331) by the end of the spring semester.
4. Enrollment in Student-Managed Investment Fund (BUSN 343) in the senior year
5. Minimum College GPA of 3.20. 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. Early in the spring semester, a descriptive statement about TIGERFUND, the selection process and criteria will be distributed by the Managers.
2. In early February, Fund Managers will announce the beginning of the selection process by posting notices in Morton Hall, Brown Student Center, and other locations. The announcement includes the location of an open informational meeting occurring by the final Thursday of February.
3. At the open meeting, the Manager selection criteria and process are reviewed and any questions are answered by the 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 Managers send 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 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 interviewed by a team of Managers. Managers are expected to abstain from interviewing any candidate with whom they have an especially close relationship.
8. The 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 results of the rankings are forwarded to the Faculty Advisor for validation.
9. The Faculty Advisor reviews the list with the Economics and Business department faculty and solicits faculty recommendations. If necessary, the Faculty Advisor meets with the Managers to finalize the list. The outgoing General Manager will email acceptances to the new management team.

Analysts

Criteria

1. Sophomore or junior in any major
2. Completion of (or concurrent enrollment in) in at least nine hours of coursework in Economics and Business or Mathematics by the end of the fall semester
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. Early in the fall semester, a descriptive statement about TIGERFUND, the selection process and criteria is distributed by the Managers.
2. In mid September, Managers will announce the beginning of the selection process by posting notices in Morton Hall, Brown Student Center, and other locations. The announcement includes the location of an open informational meeting occurring by the final Thursday of September.
3. At the open meeting, the Analyst selection criteria and process are reviewed and any questions are answered by the 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 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 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 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. Selection of analysts is entirely at the discretion of the Managers.