Lemma Senbet Fund

Do you want to learn about 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

The Senbet Fund provides members with skills and knowledge highly coveted by corporate recruiters, along with enhanced opportunities to network with industry professionals, use financial tools such as Reuters, Bloomberg, and First Call, and gain real-life market experience. It is a year-round, advanced course that was founded in 2006 to give undergraduate students an experiential learning experience in portfolio management and equity analysis. The goal of the student team, which includes two portfolio managers and 10 equity analysts, is to make long-term investment decisions to appreciate the fund’s value. 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.

Modeled on the pioneering Mayer Fund at the Smith School, the Senbet Fund has the long-term performance goal of outpacing the appreciation of the S&P 500 on a risk-adjusted basis. Working for the Senbet Fund can be as demanding as a first job while giving finance majors a competitive edge during the recruiting season.

Read about the Senbet Fund:

• Senbet Fund Outperforms in Volatile Year
• Mayer Fund Reaches Milestone

Sarah Kroncke is the faculty champion for this program.

Curriculum: One-Year Program

• Fall – BMGT443 (if not already completed)
• Fall – BMGT449F (Senbet Fund Course)
• Spring – BMGT449F (Senbet Fund Course)

Eligibility Requirements

• Must be a declared finance major.
• Must have a minimum 3.0 GPA.
• Requires a two-semester commitment from Summer Session II through May of the following year.
• Must complete courses according to the timeline below.

Questions? Contact smithfellows@umd.edu.