The Applied Portfolio Management Program (APMP) Gold and Black teams took 3rd in the value category and 4th in the balanced investment category at the 11th Redefining Investment Strategy Education (RISE) forum early April. The two teams traveled down to Dayton University in Ohio for the educational workshop and announcement of winners in the year-long portfolio competition.
This year RISE drew over 1,500 students, faculty and professionals from around the world to gather for insights on economic trends, market opportunities and developments in the investment world during the three-day forum.
Michigan Tech sent 11 APMP students to Ohio. Students representing Michigan Tech this year included Jacob Carlson, Zhouli Yuan, Gengyang Pan, Jacob Vehring, Mengjiao Zhou, Wei He, Yihong Yao, Simin Chen, Annette Felton, Nathan Johnson, and Jessica Pakonen.
From the RISE website: In the 10-year history of R.I.S.E., the forum has attracted nearly 13,000 total participants from the financial industry and colleges and universities from around the globe. Known as the largest student investment conference in the world, each year R.I.S.E. extends an invitation to business professionals to share in the first day of this two and one-half day event. And for good reason. The keynote panelists and speakers, who are the best and the brightest from Wall Street, corporate America, the financial media, and the international community, hold equal appeal for students, professors and practitioners alike.
The Applied Portfolio Management Program, a course within Michigan Tech’s School of Business and Economics, manages over $1.2 million in the equity and fixed income markets. The fund is supported by donations from alumni and friends, and investment revenues support student travel and scholarships. Established in 1998, APMP has placed first at the Redefining Investment Strategy Education (RISE) forum three times since the competition began.