Courtesy of Morgan State University Morgan State University, a historically Black educational institution in Baltimore, has recently launched the Student-Managed Investment Fund (SMIF), a program that provides real-world portfolio management experience to undergraduate students majoring in accounting and finance. The program allows student members to invest real money, giving them the experience needed to gain practical skills that will open the door to successful careers in finance after graduation. The SMIF was provided with $120,000 in initial funding, raised in part by Morgan State’s Graves School of Business and Management. The majority of seed funding came from students’ prior winnings
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