Undergraduate Program Overview
The Carlson Funds Enterprise (CFE) is designed for students who are interested in pursuing careers in investment management, corporate finance, and investment banking.
- Increased job placement opportunities within the Financial Services Industry
- Opportunities to connect with CFE alumni and current graduate students
- Better understanding of how to use the same online market data tools as investment professionals, such as Bloomberg and FactSet
- Experience exercising comprehensive decision making over fund recommendations and applying academic rigor to real world financial management
- Familiarity with unique business and investment roles
Visit our Student FAQ page for more information.
Students in both the Fixed Income Fund and Growth Fund go through an intensive 6-credit, two-semester course in which they help manage a live portfolio from investments made by several area companies. Examples of student involvement in the program include the following:
- Discussing the economy, the markets and their impact on the portfolio
- Monitoring the fund's existing holdings
- Researching asset classes to make buy/sell recommendations according to investment guidelines
- Presenting portfolio recommendations to the Investment Oversight Committee, a panel of industry professionals and faculty advisors
- Overseeing all operational aspects of their respective fund, including portfolio management, marketing, client relations, media relations and performance reporting
BA 4501 - Carlson Growth Fund
Students gain experience by completing comprehensive analyses of firms, their management, strategies, business processes and performance, the industries in which they operate, their competitive positions within those industries, and the attributes of the securities they issue.
BA 4502 - Carlson Fixed Income Fund
Students gain experience by assuming analyst responsibilities for various sectors within the fixed income market, such as Treasuries, Agencies, Mortgage-Backed Securities, Asset-Backed Securities, and Corporates.
Visit our fund comparison page for a more comprehensive look at the differences and similarities between the two funds.
Required Courses: To be considered for selection students must, at a minimum, complete FINA 3001 and ACCT 3001 by the end of the spring semester of their sophomore year.
Recommended Courses: Students applying to be in the Funds Enterprise should sign up for ACCT 5101 and FINA 4121, 4221 and 4321 fall semester. Once admitted into the Funds Enterprise, there are three additional required courses as well as 8 strongly recommended courses.
Please view our Suggested Course Timeline (179.44 KB) for a detailed schedule.
- Early October: An information session for undergraduates interested in joining the CEF will be held in the Financial Markets Lab
- Mid October: CFE applications due
- Late October: Notices will be emailed to those individuals who applied to the program. Qualified candidates will be invited to schedule an interview
- Early November: Offer letters will be emailed to undergraduate students accepted into the program
- B Term - Mid March: Students begin attending CFE class. Students must also be enrolled in the required modeling class
- Late April: Students sit in on spring pitches
- Summer Session: Students are required to attend weekly meetings to review portfolio performance. Students who cannot attend in person must call in to the conference call. Connect with mentors to establish rapport and review career goals.
- Early September: Class begins. Class meets on Tuesday and Thursday mornings from 8:00 - 9:40 a.m.
- Late November: Students present fall stock or bond pitches to Investment Committee
- Late April: Students present spring stock or bond pitches to Investment Committee
Student analysts benefit from many opportunities to learn from experienced professionals:
- Mentor program in which each student is partnered with a money management professional who counsels the student, evaluates his or her investment proposals, and provides helpful feedback
- Numerous lectures and lunches featuring financial industry guest speakers
- Field trips/site visits to see fund management, research, trading, and other industry professionals in action in the Twin Cities