Belmont placed third in the Tennessee Valley Authority’s Investment Challenge for its work in 2012. TVA’s Investment Challenge is an innovative partnership between TVA and universities in its service territory that provides a real-world learning experience in portfolio management. The Challenge gives teams of students hands-on experience in managing TVA stock portfolios.
Currently, 25 universities participate in the program, including Vanderbilt, UT Knoxville and Murray State. In each university’s first year of participation, the TVA awards $300,000 from their Nuclear Decommissioning Trust Fund for that university to manage. Belmont was awarded their grant in 2011. At Belmont, the Equity Trading Club manages the entire $300,000 portfolio. The club holds stock in each of the 10 different sectors.
Though it is primarily composed of finance and accounting majors, anyone is welcome to join the club. The team meets every Wednesday at 5 p.m., and often meets on Saturdays. “We come to together to work on our discipline and build a model,” said Rami Nofal, economics, finance and international business major and president of the Equity Trading Club. The clubs hopes to put together a long-term operations manual in order to ensure the group’s success in the future.