At RIT there is an outlet for nearly every interest. Those who wish to become more familiar with the world of finance for instance, may very well be inclined to check out the Financial Management Association (FMA). The FMA is a student-run club that aims to promote financial literacy among students, as well as provide several opportunities for them to explore and simulate real-life finance.
Club members have the chance to invest in a real portfolio. The FMA is directly responsible for managing over $115,000 in funds provided to Saunders College as an endowment. Members are directly responsible for the successes of the portfolio. By researching and review the markets, members can pitch new stock options, analyze returns and learn from other students trading experiences. You’ll get to participate in (and initiate) discussions about whether or not the association should invest or sell specific stocks.
Additional experiences of this variety are provided by way of inter-school club competitions like the annual Adirondack Cup: an initiative where college students from several New York and New England schools create and manage their own hypothetical small cap portfolio for six months.
The FMA provides an additional window into the finance industry by bringing in guest speakers to speak about their careers. Learn about what a person in finance does, and get the opportunity to ask questions and network. Networking with both guests and fellow club members may even lead to possible job opportunities.
FMA is open to all RIT students with an interest in finance or investing. Their current membership consists of a diverse group of students from various colleges across the University.
Club meetings are every Thursday for an hour: 6:00 p.m. to 7:00 p.m. in Max Lowenthal Hall (12)-1105/1110. Half the time is usually spent towards market commentary and personal finance, while the other is dedicated to dedicated to evaluating stocks to be bought or sold for the portfolio.
Saunders College of Business is one of nine colleges at Rochester Institute of Technology and is accredited by the Association to Advance Collegiate Schools of Business International (AACSB). Recognized and ranked, Saunders is home to more than 2,000 enrolled students with over 18,000 alumni worldwide. Partnerships with RIT’s Venture Creations incubator and top ranked Albert J. Simone Center for Student Innovation and Entrepreneurship help Saunders College deliver a business education that is integrated with RIT’s world-leading technical and creative programs. Saunders College offers undergraduate (BS), Masters (MS), Masters of Business Administration (MBA), and Executive MBA (EMBA) programs where students gain real-world business experiences in the classroom and through cooperative education programs.