SMG Activity in Investment Management and Directed Study Program

Activity in Investment Manageme BU MSIM Program Partnership with CFA Institute Undergraduate Finance Club MBA Investment Club 3 Investment Funds Directed Study Program

What is the Directed Study Program? Directed studies are similar to industry practice of teaching equity analysis within apprenticeship Prof. Stewart supervises activity and provides feedback Students meet with Prof. Stewart in small groups

Undergrad Directed Study Sequence Spring of Junior Year – 4 credits industry review stock recommendation presentation to grad students Fall of Senior Year – 2 credits quant stock selection modeling continued stock coverage BSAS/CFA Research Challenge Spring of Senior Year – 2 credits portfolio management continued stock coverage helping train new class

Course Mechanics TA runs video lectures and does Q&A weekly Students meet with Prof. Stewart every other week to discuss progress Students get detailed feedback on draft and final reports Grades based on HW, two formal reports and final presentation Course number is FE498

Syllabus 1.Select micro industry 2.Understand industry analysis including 10k process 3.Understand multiples valuation 4.Complete industry review 5.Understand earnings modeling and DCF 6.Complete Stock Report 7.Learn about EVA 8.Present to grad students

Why would you want to do this? 1.Love the stock market 2.Interested in working in investment industry 3.Like to do research

Next Steps If interested… Prepare proposal, including Statement why want to participate List of courses including grades Resume

Due Dates Undergraduates Submit by December 5 to Selection complete December 15