Department of Finance

Student Organizations:

The Department of Finance has the following Student Organizations:

SEED

Students in SEED manage about $4.3 Million of the University’s fund. Students gain experience in managing a commercial entity by participation in the various aspects of managing an equity portfolio for the Virginia Tech Foundation. SEED currently ranks third nationally for assets under management in student-managed funds and is the largest noncurricular student-managed fund in the nation.

Faculty Advisors: Randy Billingsley, Art Keown and John Pinkerton

BASIS

The Finance department developed a new student -managed investment organization that is dedicated to investing real money in a diversified portfolio of debt instruments. Fourteen students are currently participating in what is called Bond and Securities Investing by Students (BASIS). Formed in Fall 2004, BASIS students obtained Foundation approval in May 2006. BASIS manages a $4.7 million dollar portfolio that invests in investment grade corporate bonds, US Treasury and Agency issues, government sponsored enterprise bonds, as well as U.S dollar denominated sovereign bonds. The BASIS fund is one of the most significant undergraduate student managed funds devoted solely to debt instruments in the country.

Faculty Advisor: George Morgan

The Finance Club

The Finance club provides opportunities for students to develop their leadership skills and broaden their understanding of the financial world through professional and social activities.

Faculty Advisor: Wally Newton

 

Financial Planning Association Student Chapter

The Financial Planning Association (FPA) Student Chapter is a student-run organization dedicated to providing professional development and networking opportunities to students interested in entering the financial planning profession, whether through comprehensive financial planning or private wealth management.  Our students gain perspective from many different types of visiting financial planners to further their understanding of the profession, shaping the type of planners they will become.  The organization is involved with Junior Achievement, which involves community service participation in local schools teaching young students the basics of financial literacy.

Faculty Advisors: Derek Klock