Request information How and when to apply Schedule a visit

Investment Management Fund

Undergraduate students in the Department of Finance can gain hands-on experience managing a real investment portfolio set up the same as it would be in the business marketplace. The Undergraduate Student Investment Management Fund (SIM Fund) is a value-added benefit of being a finance student at ASU and a companion to the successful W. P. Carey MBA Investment Management Fund. Sunil Wahal, the Jack D. Furst Endowed Professor of Finance, directs the SIM Fund.

The fund is presented in a course involving a full academic year commitment, with two credits earned in the fall semester and one in the spring semester. Students are assigned specific management responsibilities such as trend analysis, strategy development, and formulation of key indexes for gauging fund performance. This course requires initiative and dedication and provides the return of real-world experience.

Fund Advisory Board presentations

A Fund Advisory Board composed of investment professionals oversees the fund. The students present reports about fund performance and rationale for fund decisions and management to the board twice a year. Here are links to full presentations for the 2008-2026 academic year reports:

Undergraduate presentations

How to get involved

The SIM Fund program is primarily composed of undergraduate finance students who will have achieved junior or senior standing by the fall term. However, highly qualified students from other backgrounds are encouraged to apply and will be considered based on their credentials.

Application Timeline

Applications for the 2027–2028 academic year will be accepted:

February 1 – March 22, 2027

Late submissions will not be accepted.

How to Apply

Please submit your application materials via email to [email protected] with the subject line: "Undergraduate SIM Fund Application"

To help with organization and processing, please name your files using the following format:

Resume_Last name, First name
Transcript_Last name, First name
SIM Fund Statement_Last name, First name

Required Materials

Applicants must include the following:

Resume
Unofficial transcript
1–2 page personal statement addressing:
- Your career goals and interest in participating in the fund
- Your academic and professional background, including relevant skills (especially quantitative skills) and what you would contribute to the fund

Selection Process

Applications will be reviewed by the Fund Director and current fund members. Selected candidates will be notified in late April.