About MII
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Michigan Interactive Investments offers members a unique, real world investing experience through education and hands-on portfolio management. An important goal of MII is to educate members about investing and strengthen their knowledge of financial markets. During the fall semester, members of the executive board present to the club lectures ranging from the fundamentals of equity investing to more advanced derivative strategies. Intertwined in these lectures are discussions of current events to provide members a better understanding of current economic conditions.
Members learn not only how to analyze market sectors and securities, but also learn how to effectively present their ideas to others. Each fall, MII builds a student run portfolio through a process in which members evaluate market sectors and pitch their best investment ideas. After their trade rational is presented to the club, members vote to whether the said security should be added to the MII student run portfolio.
Michigan Interactive Investments is unique in that it manages a student run portfolio that is completely funded by MII members. Each member upon entry into MII furnishes a $100 portfolio deposit which is refundable at the end of each academic year. Each year MII looks to grow the size of its portfolio through sound investment decisions. Since MII is a student organization at The University of Michigan profits made throughout the year are either reinvested into the following year’s portfolio or are used to support operations and special events throughout the year.
In the fall of 2008, Michigan Interactive Investments underwent a transformation in which membership was reduced to 60 members to create a more cohesive and better functioning organization. The new structure promotes greater interaction among members and a better platform for members to learn about investing. Entry into Michigan Interactive investments is very competitive and done to ensure that the most dedicated and qualified individuals become members of MII. The acceptance rate for MII 2008-2009 applicants was 20.1%, with 248 applications having been received. Below is further information regarding demographics of 2008-2009 MII members.
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