There are a number of student organizations at Virginia Tech that provide excellent learning opportunities outside of the classroom for finance students. We highly encourage our finance students to take advantage of the learning, networking and service opportunities that these activities provide. The following is a list of some of the most popular finance-related student groups, along with descriptions and links to their websites:
Students in SEED (Student-managed Endowment for Educational Development) manage a real stock portfolio valued at approximately $5 million. Funds for the portfolio come from Virginia Tech's endowment fund, which is SEED's sole client. Students in SEED learn how to gather data on industry sectors and individual companies, model company financials, perform valuation analyses, trade stocks, re-position the portfolio to respond to market conditions, and prepare periodic reports on the portfolio and its holdings. SEED students also compete in stock pitch contests held at other universities. SEED is one of largest undergraduate student-managed equity funds in the nation. Students are selected for SEED each semester through a competitive process.
Faculty advisors: Randy Billingsley
Students in BASIS (Bond and Securities Investing by Students) manage a real fixed income (bond) portfolio valued at approximately $5 million. Funds for the portfolio come from Virginia Tech's endowment fund, which is BASIS' sole client. BASIS invests in investment grade corporate bonds, US Treasury and agency bonds, government sponsored enterprise bonds, and U.S dollar-denominated sovereign and supranational bonds. The BASIS fund is one of the few undergraduate student-managed funds devoted solely to debt instruments in the country, as well as one of the largest. Students in BASIS learn about how economic conditions, monetary policy and interest rate changes impact the bond market and its interest rates; how to perform corporate credit analyses; how bond indexes work; how factors such as duration and credit quality impact the performance of individual bonds and the portfolio; and how to prepare reports and presentations on the portfolio and its holdings. Students are selected for BASIS each year through a competitive process.
Faculty advisor: George Morgan
The Credit Crops program lets students learn risk management and banking by participating in actual loans with their banking partners. Real money for the program is provided by the Virginia Tech Foundation.
Faculty Advisor: Fred Hood
The Finance Club
The Finance Club is open to all Finance majors. The group hosts events designed to help students network with each other and with alumni from various career paths. The Finance Club also hosts mixers with the Finance faculty, in which students can network with professors and get to know them better. In addition, the Finance clubs holds information sessions about the finance curriculum at Virginia Tech and the placement process for students seeking internships and jobs.
Financial Planning Association Student Chapter
The Financial Planning Association (FPA) Student Chapter is a student-run organization dedicated to providing professional development and networking opportunities to students interested in entering the financial planning profession, whether through comprehensive financial planning or private wealth management. The group hosts numerous guest speakers throughout the school year, enabling students to further their understanding of the profession, shaping the type of planners they will become. The organization also provides service to the local community, with members working with organizations such as Junior Achievement, the Virginia Council on Economic Education and local schools to teach children and teenagers basic financial life skills.
Faculty advisor: Derek Klock
Society for Individual Investors
The Society of Individual Investors (SII) is a student-run organization that provides a forum where students can learn about investments and markets. Unlike BASIS and SEED, SII does not run an actual cash portfolio. Instead, meetings feature discussions about markets and specific investments, with students managing hypothetical portfolios. SII can serve as a starting point for students who may ultimately want to join BASIS or SEED.
The Entrepreneur Club (also known as E-Club) is a student-run club for students who are interested in starting their own businesses. The club holds numerous events throughout the year, including guest speakers, workshops, pitch competitions and hackathons--competitions to devise a solution to a problem. Membership is open to students of all majors.
Beta Alpha Psi
Beta Alpha Psi is an honor society for students majoring in finance and accounting. Students are selected for the group based upon academic achievement. Beta Alpha Psi hosts campus visits by major employers, particularly accounting firms. In addition, members provide tutoring services for underclassmen, and participate in university community service events.
Faculty advisors: Robert Brown and Scott Johnson
The Consulting Club is an organization for students who are considering careers in various areas of consulting. The group hosts guest speakers from the consulting profession who educate students about the role of a consultant, the skills required, opportunities available at their firms, and various aspects of the placement process for internships and jobs. The Consulting Club also holds case study competitions where students can improve their analytical and presentation skills. In addition, members can work with businesses around the Blacksburg area to develop business and strategy solutions and gain practical experience. The Consulting Club is open to all business majors.
Innovate is an interdisciplinary residential community for students who want to learn about entrepreneurship and potentially become entrepreneurs themselves. Innovate is open to students of all majors, and students typically join before coming to Virginia Tech through a competitive process. As part of the Innovate program, the students take coursework in entrepreneurship, which they can use towards obtaining an Entrepreneurship Minor. The students also participate in pitch competitions, hackathons (competitions to devise a solution to a problem) and meetings with local entrepreneurs and capital providers, both in Blacksburg and other metropolitan areas, such as Washington, New York and Boston.
Faculty Advisor: Derick Maggard
Collegiate Women in Business
Collegiate Women in Business (CWIB) is a student organization that provides students with workshops and guest speakers on professional growth, empowerment, and preparation for success in their future careers."
Finance 4 Females
Finance for Females is a group for female students from all majors who are interested in learning more about financial topics. Female finance majors play a major role in the group, helping to educate their fellow members about financial concepts and topics.
Business Horizons is a student-run career fair that occurs twice each academic year. Students play an active role in planning, organizing, and running the event, which regularly brings more than 100 companies and other employers to campus each semester. Participation in Business Horizons provides students with opportunities to network with potential employers and to learn networking skills.