1. Journal of Agricultural and Applied Economics
- Author
-
Olga Isengildina Massa, A. Ford Ramsey, and Agricultural and Applied Economics
- Subjects
040101 forestry ,Experiential learning ,Economics and Econometrics ,050208 finance ,Process management ,05 social sciences ,Commodity ,04 agricultural and veterinary sciences ,Agricultural and Biological Sciences (miscellaneous) ,Commodity market ,SMIF ,Frontier ,0502 economics and business ,Commodity investing ,Student-managed investment funds ,0401 agriculture, forestry, and fisheries ,Organizational structure ,Business ,Road map ,Commodity marketing education ,Investment fund - Abstract
This study provides a road map for creating and operating a student-managed investment fund (SMIF) as an experiential learning opportunity in commodity market analysis. We describe the reasons for implementing a SMIF and the benefits it offers relative to traditional simulation approaches. We outline the necessary steps for starting a SMIF and explain its organizational structure. We discuss a SMIF’s operation and main activities, which include recruitment, training, trading, and interaction with the client and alumni. The implications of participating in a SMIF are reviewed within a cost-benefit framework.
- Published
- 2019