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. While we have a strong partnership with the MBA program, not all of our students are on that track. The following benefits may still be of use to you and support your career goals.

Program Curriculum

Students in all tracks of the Funds Enterprise go through an intensive 6-credit, two-semester course in which the gain hands-on experience with the management and marketing of a live portfolio from investments made by several area companies.

  • Examples of student involvement in the Fixed Income or Equity tracks 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
  • Examples of student involvement in the Sales and Client Service track include the following (pending MFAC approval):
    • Evaluate existing performance and act as our clients' advocate in considering investment opportunities and portfolio management decisions
    • Manage the business operations of the fund
    • Act as the primary point of contact for the funds' clients
    • Develop strategy informed by market trends
    • Incorporate ESG (Environmental, Social and Governance) risks and opportunities into investment strategy

Visit our Student FAQ page for more information. If you would like to be updated about info sessions, visit our events page.

Required for all Funds Students

  • FINA 6241 Corporate Finance Analysis and Decisions (4 credits)
  • FINA 6322 Introductory Financial Modeling (2 credits)
  • Either FINA 6321 Portfolio Analysis & Management (2 credits) or FINA 6323 Advanced Financial Modeling (2 credits)
  • FINA 6121 Debt Markets, Interest Rates, and Hedging (2 credits)

Required for all Growth Fund Students

  • FINA 6242 Advanced Corporate Financial Statement Analysis (4 credits)

Detailed Graduate Course Timeline Recommendation

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. 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 - FINA 4422, FINA 6322, and FINA 4522. A detailed timeline is linked below.

Recommended Courses:  There are 7 additional recommended courses outlined in the Timeline Recommendation below.

Detailed Undergraduate Course Timeline Recommendation

Student analysts learn from experienced professionals by being involved in our additional learning opportunities:

  • 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 seminars featuring financial industry speakers
  • Field trips to see fund management, research, trading, and other industry professionals in action in the Twin Cities and in Wall Street
  • Graduate Student Clubs and Organizations

 

Alum Perspective

 

"There's no doubt that having been through the Funds Enterprise program helped me do my job better and faster.

The financial curriculum at Carlson was strong and the Funds Enterprise made it that much stronger. We did deep, hard core analysis - everything a Wall Street analyst would do to research a company, including talking with management."

Dave Rust, MBA '05
Senior Finance Manager
Delta Airlines

Meet Our Student Analysts

Reach out to students currently in the program to hear, first hand, about their experience in the CFE.

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