APMP: 2008 Back-to-Back National Champs!!!

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From left to right:Joel Pergolski, Brad Harry, Tony Hellenbrand, Mark Malekoff, Korey Capello, Lorn Randell, Kayla McCormick. Missing from photo: Kartikeya Srivastava

The Michigan Tech Applied Portfolio Management Program (APMP) team returns from Dayton with its third first place finish. They were crowned Back-To-Back National Champions at the Eighth Annual RISE (Redefining Investment Strategy Education) Conference, the largest student investment conference in North America. The APMP won the “value” category with the highest risk-adjusted return for 2007 in the undergraduate division at the national investment competition.

Over 2300 participants, 267 universities and 69 countries were represented at this year’s competition. RISE is a student investment strategy symposium hosted by the University of Dayton. Modeled after the World Economic Forum, RISE connects investment students and faculty with Wall Street professionals in interactive discussions.

Representing the School of Business and Economics were Joel Pergolski, Brad Harry, Tony Hellenbrand, Mark Malekoff, Korey Capello, Lorn Randell, Kayla McCormick, and Kartikeya Srivastava. Associate Professor Dean Johnson is the Founding Director of the APMP.

At the formal dinner announcing them as the winner, the presenter commented “You have to respect Michigan Tech – 3 for 8!” Two of the students were selected to be on stage for the first ever remote Nasdaq Stock Market closing as well.

The APMP manages over $1 million in the equity and fixed income markets. APMP designated donations to the Michigan Tech Fund from alumni and friends provide support for student travel and scholarships. For more information on the Applied Portfolio Management Program please visit: http://www.apmp.mtu.edu

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