The Hankamer School of Business now has two student-managed investment portfolios: a large-cap stock portfolio and a small-cap stock portfolio. Each portfolio is managed by students enrolled in specially designed "hands-on" Finance courses in which the students learn the tools and techniques used by professionals to analyze and select individual stocks and manage investment portfolios.
Each course is offered by the Department of Finance, Insurance and Real Estate to graduate business students and senior finance majors with strong academic records. Enrollment in each course is limited. Students must apply to take the course and are admitted based on the strength of their qualifications.
Large Cap Portfolio Management Practicum
Students enrolled in this course manage the $8.7 million investment fund, which has been endowed with monies contributed by Baylor alumnus Philip M. Dorr and other Baylor alumni and friends, along with additional funds from the University.
The Large Cap Practicum is a one-semester course. The class structure is designed after the operational format of a funds management firm and is built around student participation. Specifically, one- or two-person teams are assigned to cover each sector of the S&P 500. Although there are course readings, the course primarily consists of teams preparing and presenting to the class detailed reports on stocks in their sector. Every class member is involved in a discussion of each stock. Following the presentation and discussion, the team makes a recommendation on each stock. The class votes and the recommendations of the class are implemented.
The class meets on Mondays 5-8p.m. in the Hodges Financial Markets Center.
Small Cap Portfolio Management Practicum
The Small Cap Practicum is a two-semester course. The main emphasis is on out-of-class assignments that are supplemented by in-class discussion and decision-making. FIN 4285 is a 2-hour class held in the fall, which is intended to be followed by FIN 4186, a one-hour class, in the spring.
The class meets on Mondays 2:30-5:00p.m. in the Hodges Financial Markets Center.
Both courses are taught by investment professionals from Dallas. Each week one professional will be on campus with the students, while the other will join the class via videoconference.
- Brandon Troegle, CFA, is a Managing Director and profolio manager with Hillcrest Asset Management, focusing on the firm's securities selections across various strategies. Before joining Hillcrest, Brandon was an equity analyst at Morningstar. Prior to Morningstar, he worked for Luther King Capital Management and Bank of America.
- Wesley Wright, CFA, is a Portfolio Manager at Hillcrest Asset Management focsing on the firm's International Value Strategy. Prior to joining Hillcrest, Wesley was a Portfolio Manager at Dreman Value Management in New York where he managed the firm's International Value product and U.S. All-Cap Value product.
How To Apply
Applications to enroll in the Large Cap Portfolio Management Practicum are due the third week in October for the class that will be held the following Spring semester, and the third week in March for the class that will be held the following Fall semester. Applications to enroll in the Small Cap Portfolio Management Practicum are due the third week in March for the class that will be held the following Fall and Spring semesters.
The application form to apply for the Large-Cap Practicum for Spring 2019 is now closed. If you are interested in applying to take either the Small-Cap or the Large-Cap course in Fall 2019, please check this site in early March 2019.