Masters' Union School of Business to offer students an SMIF worth INR 5 crore
Masters’ Union School of Business has announced that it will be establishing a Student Managed Investment Fund (SMIF) which is to be the country’s grandest one so far.
The institute will be launching the SMIF along with its introductory course this year. Masters’ Union School of Business has provided the students managing the SMIF with a fund of INR 5 crore in order to facilitate the learning process of investment strategy in a practical manner.
Students can also generate additional funds on top of the issued amount. This can be done by coming in contact with external investing agencies.
Read More: Masters’ Union School of Business Admission
With this kind of fund, students at the institute will be given a lot of freedom to learn and train themselves as industry professionals and also understand important aspects of decision making and strategising.
This would be inclusive of instances where students can learn with the hit and try method where they will be given room for error. They will have the opportunity to make mistakes and learn from them without facing repercussions unlike the real world.
This would help them to polish their skills and perfect their management abilities. The students will also have access to consultation from several venture capitalists across the industry as well as the constant guidance from their union masters.
Investing is a very crucial and critical event and plays the key role in the maintenance or establishment of any business. The students will be mentored by the industry professionals who will teach them everything about the market, finance management, economy, asset classes and trends.
Students will have a better understanding of where and how to invest. Another benefit of the SMIF is that the profits made through the process will belong to the student managers. The fund has an object of being favourable to the upcoming batches as well.