The Mayer Fund Class of 2020 candidacy process has begun! Please use these instructions for applying to the Fund.
Your application must include:
- Cover letter (2-3 short paragraphs)
- Copy of current transcript (unofficial transcript is OK)
- List of finance electives (current and future expected)
- UMD honor code, included in body of email
Please email all application materials by Friday, February 1, 2019, at 9 a.m. to email@example.com. Please use this format for the email subject line: Firstname_Lastname_Mayer_Fund_Application.
A stock pick is not required as part of your application. However, for your interview, please be prepared to discuss a stock pick of your choice in detail, including economic, industry, and company analysis. An Excel DCF model is not required.
Invitations to interview will be emailed by Wednesday, February 6.
Interviews will be held in VMH Suite 2570 (Employer Suite) on Friday, February 8, between 9 a.m. and 1:30 p.m. There will be three 30-minute interviews covering (A) Macroeconomic knowledge, (B) Stock Pick/Technical Knowledge, and (C) Behavioral. Your interview process will last 90 minutes in total.
Offer letters will be emailed by Friday, February 15, with acceptance confirmation required by Friday, February 22.
We look forward to receiving your application. Best of luck!
Selection of Members
The application and selection process is conducted each academic year between December and February. A recruiting presentation is provided each fall by current fund members, providing an overview of the fund, involvement criteria and an application timeline.
Download the class of 2020 recruiting presentation — this includes instructions for applying to the fund.
Benefits to Students
"The practical lessons learned actually managing a portfolio not only reinforce academic experience but differentiate Maryland MBAs from other students as they interview for Wall Street." — John Boyle, Managing Director, ThinkEquity Partners LLC.
The Mayer Fund is a year-long, advanced finance seminar for second-year full-time MBA students. The seminar provides them with the opportunity to apply what they have learned in finance classes to actual investment decisions, and to enhance their skills and knowledge in this area. As part of their training, the students discuss a variety of topics in the seminar including:
- 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.
Not only does the Mayer Fund provide MBA students with knowledge and skills to enhance their career opportunities, it also provides them with:
- Valuable industry contacts
- Guest membership in the Washington Society of Investment Analysts
- Market experience and opportunities to use industry tools, such as First Call, SDC, and DAIS databases
Former Mayer Fund members have put their skills and knowledge to work for a number of organizations, including:
|Allen & Company||Bank of America|
|CIGNA Retirement & Investment Services||Credit Suisse First Boston|
|Deloitte & Touche Consulting Group||Deutsche Bank|
|Fidelity Investment Management||Friedman, Billings, Ramsey & Co. Inc.|
|JPMorgan Chase||Legg Mason Wood Walker, Inc.|
|Lehman Brothers||Lord Baltimore Capital Corporation|
|Marriott Corporation||Mercantile Safe Deposit & Trust Co.|
|Merrill Lynch||Pilgrim Baxter & Associates|
|Scott and Stringfellow||Standard and Poor's|
|Stanford Keene||ThinkEquity Partners LLC.|
|Wachovia Securities||Wallace Willmore Cromwell & Co.|