Robert J. Trulaske Sr., College of Business, University of Missouri

Mizzou Business News

Generous gift supports applied experiences for student-managed investments

Students in the Trulaske College of Business manage a million+ dollar investment fund in real time thanks to a fully-functioning trading room complete with Bloomberg access. The state-of-the-art classroom in the Anheuser-Busch Technology Center offers students hands-on experience in investor trading and fund management, important skills for finance graduates. Bloomberg access is made possible by a generous gift from Mike Avery, founder of the Bloomberg Fund. This year, he made an additional gift for software licenses which expands capacity and allows more finance students to meet in the customized learning space.

"By teaching students to use industry-specific tools, we're preparing them for investment management which requires a pipeline of graduates with a particular skill set," said Avery, President of Waddell & Reed Financial, Inc. and co-portfolio manager of the firm's $30 billion Asset Strategy Fund. "I am proud to partner with Mizzou and the Trulaske College of Business and I invite others to invest in the Bloomberg Fund so we can continue this momentum."

In addition to students in finance courses, Mizzou Investment Fund members use the terminals to maintain their investment portfolio and manage the endowment fund from which they invest. In the framework of an academic class, undergraduate and graduate students analyze securities, set asset allocation targets, and make investment decisions for a portfolio of investment securities. The Bloomberg terminals educate future business leaders in the principles of investment analysis and management.

"We are so grateful to Mike and donors like him who connect to a program and make generous contributions to support it. Our students gain invaluable experiences because of the technology they're given access to and this opens doors for them into exciting careers in finance," said Joan Gabel, Dean of the Trulaske College of Business.