Associate professor-in-residence in finance, Paul Gilson grew up in the Thames River town of Gravesend, 20 miles east of London, and earned a degree in mathematics from Bristol University. His plan was always to go on to a Ph.D. “But first,” he says, “I needed a job.” So he went to work in London for KPMG, the global accounting giant. His first day at the office, stock markets around the world collapsed in the Black Monday crash of 1987, still the greatest one-day loss by percentage in Dow history. During the long recovery that followed, KPMG was kept very busy, and Gilson gained extensive experience in mergers and acquisitions, a specialty of his department. “The late 1980s in London,” he says. “It was an exciting time.” Continue Reading
Energy News Network – As colleges and universities divest from fossil fuels, investments in clean energy have not been as quick to catch on, in part because of unpredictable changes in government policy.
Daily Campus – This past fall semester, the UConn Stamford Campus began offering lessons to business students in the art of investing. The Student Managed Fund program grants young investors the opportunity to gain experience within the realm of financial risk-taking by managing a $500,000 portfolio, of course, under the close supervision of investment advisors.
UConn Today – A new Student Managed Fund program at the Stamford Campus, launched this past fall, allows students in the School of Business to learn about investment strategies and then invest a $500,000 endowment under the watchful eye of investment advisers.
UConn’s Student Managed Fund is one of the oldest, and most successful, experiential learning programs in the country, and will be featured in a special issue of Managerial Finance, dedicated to SMFs. Professors Chinmoy Ghosh, finance department head, Paul Gilson, and Michel Rakotomavo wrote an article highlighting the history, purpose, performance and the future of the UConn program, and the special features that have contributed to its success.
The UConn program was founded in 2000 and began operation during the 2002-2003 academic year. The total number of students active in the UConn SMF program this year now exceeds 40, and the size of the portfolio exceeds $4.5 million. Most years, the SMF teams outperformed the S&P 500 Index, and the projected long-term performance measured by the SMF benchmark is also superior.
The professors noted that a key objective of the program is to train students in asset selection and portfolio management with a methodical, disciplined approach to investment, with special focus on process, philosophy and style. Another important dimension of the program is to instill the virtues of financial prudence, diligence, team-spirit and professionalism.
The UConn School of Business has established a Student Managed Fund (SMF) program in Stamford, allowing students to learn about investment strategies and then invest a $500,000 endowment under the watchful eye of investment advisers. The original program was established in Storrs in 2000, and has launched the careers of many investment professionals.Continue Reading
“The UConn School of Business was the foundation for everything I did in my career. It set me on a great course,” said Eugene F. Martin III, ’87, ’89 MBA, president and CEO of Gordon Brothers Finance Co. “If a career is a pyramid, you need a strong foundation. That came from my education at UConn.” Continue Reading
The School of Business is experiencing substantial and exciting growth. Our undergraduate majors are ‘red hot’ because they offer the ideal combination of intellectual challenge, career potential and financial reward. Our undergraduate enrollment is up 36 percent since 2012. Continue Reading