2016-2017 SENBET FUND MEMBERS
Selection of Members
Member application and selection is conducted each spring for the following academic year. Click here to see the latest recruiting presentation.
Application requirements and information on the application process are provided below.
The Senbet Fund is a year-round, advanced finance course for senior finance majors. The course provides them with the opportunity to put their knowledge and skills to the test by making real investment decisions with real money. The course not only serves as a chance to put classroom material to practice, but also as an enhanced forum for learning. As part of this course, students discuss in-depth financial topics such as:
- Portfolio management theory and practice
- Security screening and selection
- Economic and industry analysis
- Corporate qualitative and financial analysis
- Valuation analysis
- Trading strategies
Additionally, students learn from reviewing the results of the decisions they make, determining which strategies to replicate and which strategies to avoid in the future.
The Senbet Fund provides members with skills and knowledge highly coveted by corporate recruiters. However, it also gives these high achieving students enhanced opportunities to network with industry professionals, use financial tools such as Reuters, Bloomberg, and First Call, and gain real-life market experience. Working for the Senbet Fund, in some ways, can be as demanding as a senior finance major’s first job, and it definitely gives him or her a competitive edge during recruiting season.
- Must be a declared Finance major.
- Must be a rising senior.
- Completion or concurrent enrollment in BMGT343 Investments for this Spring semester.
- Minimum 3.00 cumulative GPA.
- Completion of the Smith School gateway courses: MATH220/140, BMGT220, 221, 230, ECON200 & 201.
- BMGT340 should be completed prior to entering the program and BMGT443 should be completed the Fall semester of your senior year.
- Recommended courses: BMGT310, ECON305/306, and ECON330 or BMGT341.
- While completion of MATH220 Elementary Calculus I is required, MATH140 & 141 Calculus I and II are preferred. MATH coursework beyond MATH220/141 is a plus.
- Preferred/Recommended Course sequence: Junior year Fall: BMGT340, BMGT310; Junior year Spring: BMGT343, ECON330 or BMGT341, one of ECON305 or 306; Senior year Fall: BMGT443 and BMGT449F (Fellows fund course); Senior year Spring BMGT449F (Fellows fund course).
- Requires a two semester commitment from Summer Session II to May of next year.
- Completion of online application.
Applications for the Senbet Fund for 2017-2018 are open December 1, 2016 through February 13, 2016 at midnight.
All applications are submitted online and include the submission of the following:
- Application form.
- Cover letter - Explains why you want to be a part of this program, what you can bring to the program, and what you hope to gain from participating. Address your cover letter to the faculty champion for this Fellows program.
- 3-page analyst report to include the analysis of a stock with a recommendation of whether to buy, hold or sell the stock based solely on its current price relative to what you believe the stock is worth. This report is to be no more than three typed pages, not including exhibits, double spaced in Times New Roman 12 point font. The written analysis should include an economic overview, industry overview and company overview, including your recommendation. Each section of the report should be written within the context of the stock you have chosen to analyze. It is highly recommended that you select a company and industry with which you feel comfortable. Please note that the Honor Code will be enforced for this application.
- Note: Cover letter, resume, and analysis report must be submitted in pdf format.
Contact Sarah Howerton Kroncke at 301-405-0354 or the Senbet Fund, if you have questions about the program. Contact Emily Heavin (firstname.lastname@example.org) if you have questions about the application form.