CSU’s summit fund, totaling over $120,000, allows students to
gain real world experience in analyzing and trading stocks.
The Summit Student Investment Fund was created in the fall of
1999 with an initial donation of $50,000.
“The main goal of Summit fund is to provide real world
experience for students,” said senior finance major and member,
Gabe Lopez. “Hopefully one day there will be enough money in the
fund to provide scholarships.”
In the spring of 1999, several community leaders were invited to
a presentation at the College of Business at CSU demonstrating the
stock projects that students in the Investment Analysis class had
As a bi-product of this presentation, university and community
business leaders set out to make hands-on learning a reality and
Summit Fund was born.
“Summit fund gives CSU students an advantage,” said finance
major and member, Patrick Ireland. “When I apply for jobs in the
finance field, I can say I have already managed a real
The Summit fund supervisors, Glory Burns and Tim Gallagher, make
recommendations and coach the students in their decisions.
“The fund gives us an opportunity to work with our teachers and
advisors and get to know them better,” said Nate Heckel, senior
finance major and member of summit fund. “It also allows us to
apply what we have learned in other classes.”
Since 1999, total student managed assets in the fund have more
than doubled where they began at with the initial investment.
“Dealing with real money makes the experience a lot more
intense,” said Lopez. “It forces you to get involved.”
Since inception, the fund has relied heavily upon academic
research from the student analysts, workshops with finance
professionals, and practical publications to build an effective
strategy for buying and selling stocks.
“As junior analysts, each student watches a stock in the
portfolio weekly and also looks for possible new investments,” said
Ireland. “We look at company reports, future expectations, and news
and recent events.”
As a result, the fund has been able to outperform the stock
market and expand the fund with each year of new management.
The Summit fund brings many benefits to CSU including being one
of few schools to offer such a program.
“The fund makes our school more attractive to donors,” said
Ireland. “It also helps with recruiting future students.”
Lopez said the fund allows CSU to gain national recognition from
the competitions they participate in. (What competitions are we
Many of the members of the fund believe it affects their
decisions knowing they are dealing with real money.
“It’s more than just a game,” said Ireland. “It forces us to
analyze every aspect of each stock and not be frivolous.”
Every semester the past student analysts and advisors interview
any business student that has taken BF355 and wants to be a member
of the Summit Fund.
“Any student that has a passion for finance and loves the market
should consider joining,” said Lopez. The fund accepts 14 analysts