The ASAP Program is designed to provide a real-world, hands-on experience in securities analysis and portfolio management using real dollars. The primary objective is to provide an experience that will duplicate the risk/reward perspectives that actually occur as portfolios are constructed and managed. Leadership, team building, and both oral and written communication skills are also emphasized. We want to assist you in developing the spectrum of skills essential to successfully navigate the investment-management process. We limit participation to a maximum of 21 students.
The main purpose of the program will be to prepare students to be portfolio (money) managers, though the main benefits of the program include:
The program is designed around a required year–long two–course sequence, taught by Professor Michael Milligan (registration by permit only):
Each spring, there is a competitive process for students to be admitted into this program (interviews, minimum GPA and course pre–requisites) and the program will be set to between 14–21 students maximum. In addition, students must agree to take both courses.
Participation in the program requires a commitment of one year, including three units of credit for each of the two semesters, for a total of six units of credit awarded to those who successfully complete the one-year program (for FIN 442 and 443), along with additional co–requisites. Admission to the program is only available in the Fall semester, and applications must be submitted during the prior Spring. For undergraduate applicants both FIN 321 Theory of Corporate Finance and FIN 340 Investments must be completed prior to being accepted into the program. Due to the nature of the program, a very high level of commitment is expected and required for successful completion, including several meetings during the summer. Participants should expect to devote at least ten or more hours per week beyond class time, and the level of the classroom experience is intense.
If you are thinking of choosing or have already declared a finance concentration, and you think this program is for you, the Department of Finance suggests that you take the following courses to prepare for your application to the program.
|Courses to Take|
|Junior Year/Fall Semester||FIN 320|
|Junior Year/Spring Semester||FIN 321, FIN 335 and FIN 340|
|Senior Year/Fall Semester||FIN 442, FIN 435, 440 or 463|
|Senior Year/Spring Semester||FIN 443, FIN 435, 440 or 463|
You may consider the ‘Senior Year’ as your year 5, if that is your personal plan. Select MBA students may take this program, but consultation with Professor Milligan or the Department Chair is encouraged.
Admission to this program, and the related courses, is restricted to students who first meet the qualifications and are then selected after an interview process. These interviews will be conducted during the last few weeks of the Spring 2014 Semester.
Application are due to the Department of Finance by Tuesday, March 4, 2014: