MBA Investment Fund Process

The MBA Investment Fund maintains a rigorous stock pitch process designed to give each manager in-depth experience in stock selection methodology. Each investment manager is required to do five formal stock pitches during their tenure. The pitching manager performs a detail analysis of the stock including:

• Company profile
• Target weighting
• Industry and competitive conditions
• Financials (historical, forecasted, and key ratios)
• Investment merits
• Investment risks
• Valuation (discounted cash flow analysis and comparables)

After the detailed analysis is complete, the stock enters the formal approval process.

• Pitch to the group of managers covering the sector and industry of the company (requires unanimous approval)
• Pitch to the group’s Investment Counselor (may override any investment recommendation of the student managers)
• Upon full approval, the stock is purchased into the appropriate portfolio
• Upon any rejection, the stock must be pitched to an MBA Investment Fund Officer for academic credit