Tag: investment strategy

APMP: Call for 2010-2011 Portfolio Managers

APMP seeks new Portfolio Managers
APMP seeks new Portfolio Managers

Did you know that the Applied Portfolio Management Program (APMP) manages over $1 million of actual money? Are you ready to improve your aptitude and leadership skills in the area of finance and financial economic theory, to manage the portfolio over the next academic year? That’s right, now through the end of March, APMP is seeking new portfolio managers.

As a member of APMP, be ready to:

  • Apply your knowledge of investment strategies
  • Gain in-depth knowledge of the investing world
  • Enhance your ability to value stocks and bonds
  • Strengthen your resume by gaining valuable experience
  • Improve your business report writing skills
  • Work as an integral part of a portfolio management team
  • Interact with business professionals

Students interested in a position on the Portfolio Management Team are urged to visit the Prospective Students link on the APMP website. For additional information, contact Professor Dean Johnson at 108 Academic Office Building or via e-mail (dean@mtu.edu).

Application procedures and material is available online and is due by March 30th, 2010.

Check out the Financial Trading Lab, home to APMP, on Facebook.

Finance Experts Speak on Investment Trends

Dean Johnson
Dean Johnson

Dean Johnson, Associate Professor of Finance in the School of Business and Economics, and students in the Applied Portfolio Management Program (APMP) were featured on TV6 news regarding investment practices during and after an economic recession.

Business students at Michigan Tech are learning about the ups and downs of the stock market firsthand as they manage a million dollars of endowment money this year.

The most important lesson Professor Dean Johnson has taught them is also one that applies to investors currently in or considering reentering the market.

“It’s all about the asset percentage you can tolerate,” said Johnson. “The person that missed out the most is one who invested too much, more than they could tolerate, sold at the bottom and missed out on the gain.”

Despite the recent rebound, Johnson says it could still be a good time to reinvest your money.

“If you wait until the economy fully recovers…it’s too late,” Johnson said. “The bottom line is that the market is a leading indicator of the economy.”

Check out TV6 News for the full story and the video.

APMP Students Present to Advisory Board

Last Thursday, the Applied Portfolio Management Program presented their outlook and investment strategy to the advisory board for approval of fund management for the school year. Students presented their prediction of the economic situation over the course of the next year and their specific approach on portfolio management and received approval from the board.

“The students had the opportunity to practice their presentation and information delivery skills,” stated APMP advisor, Dean Johnson.

For more information on the program or to join, visit the APMP website.

About APMP

The Applied Portfolio Management Program provides the unique opportunity for senior students to manage an investment portfolio comprised of funds provided by the Michigan Tech Endowment fund as well as other generous donors. APMP was initiated in 1998 through generous contributions of alumni and friends of Michigan Technological University. APMP enjoys the gracious support of many firms, the University, The School of Business and Economics, and the School of Business and Economics National Advisory Board.