Seidman Investment Portfolio Organization

Seidman IPO

Officer Descriptions & Duties

 

President

The president of Seidman IPO should be someone who can communicate well with others, being able to delegate duties.  They will be the glue that holds all parts of the club together.  Also, the president should be the first resource for all Vice Presidents.  Being well established within the Seidman School of Business is always a bonus.

Prerequisites:

  • 2 semesters in IPO
  • Junior or Senior standing
  • Well educated in Finance

Duties:

  • Create strategy and goals for betterment of the club
  • Decision making on all programming
  • Establish weekly meeting times and places
  • Figurehead of the club
    • Head all meetings
    • Post weekly e-mail notices with meeting times, locations, and topics
  • Decision making on all large monetary decisions
  • Create major presentations (to dean, student scholarship day, etc.)
  • Disciplinary action if necessary

Time Commitment outside of weekly meetings: 4-5 hours

 

Vice President of Portfolio Management

The VP of Portfolio Management will be the guru of our portfolio.  They, more than anyone, will understand the macro perspective of our portfolio.  They must be extremely knowledgeable as to the workings of an investment portfolio. 

Prerequisites:

  • 2 semesters in IPO
  • Junior or Senior standing
  • Well educated in Finance

Duties:

  • Weekly portfolio updates on the website
  • Implement change in research  and reporting relationships
  • Monitor Portfolio Performance and report to members briefly at every general meeting
  • Measure Risk
  • Asset allocations
  • Measure return
  • Complete analysis of Portfolio
    • Portfolio Summary report at the end of each semester
  • Organize and submit materials for RISE portfolio competition (if applicable)

Time Commitment outside of weekly meetings: 4-5 hours

 

Vice President of Operations

This position will assist the President as the main contact between IPO and the world outside of Grand Valley.  They will be integral in the clubs exposure in Grand Rapids and beyond.  The VP of Operations will head all fundraising and volunteer events, as well as count results for elections and buy/sell pitches.

Prerequisites:

  • 2 semesters in IPO
  • Ability to communicate well and delegate

Duties:

  • Network with the business community for the benefit of IPO
  • Plan and execute events
    • Fundraising
    • Volunteering
    • Speakers
  • Social activities within the club
    • Plan end of semester parties and recognitions
    • Plan meeting agendas with President and rest of e-board
    • Head of meetings in absence of the President
  • Lead special trips
  • Delegate necessary duties to other members

Time Commitment outside of weekly meetings: 3-4 hours

 

Vice President of Marketing

A key part of the clubs success will be its ability to communicate with the student body.  The main areas of concern for this officer will be (1) recruiting and (2) advertising.

Prerequisites:

  • 1 semester in IPO

Duties:

  • Present semester Marketing Plan to the President at first e-board meeting of the semester which will contain details for their course of action during the semester
  • Recruiting - Find effective avenues to get our name in front of students
    • Organize presentations to finance classes at the beginning of the semester
    • Campus Life Night, Seidman Life Night
    • Blackboard postings
    • Kiosk/Bulletin Board postings around campus
  • Advertising - Create Posters, flyers, etc. for distribution
  • Develop a positive and noticeable image of Seidman IPO

Time Commitment outside of weekly meetings: 2-3 hours

 

Portfolio Managers

The portfolio managers will be the more experienced IPO members who will be the link between the VP of Portfolio Management and the least experienced members.

Prerequisites:

  • 1 semester in IPO
  • Given at least 1 Buy/Sell presentation to the group
  • Good knowledge of research techniques used by club
  • Strong understanding of the stock market

Duties:

  • Cover a portion of the IPO portfolio
    • Beginning/End of semester stock analysis for IPO website
    • Brief updates on performance of stocks they cover at each general meeting
  • Present 1 Buy/Sell/Hold presentation to the group each semester
  • Assist general members in preparation of buy/sell pitches
  • Delegate research duties to other members if necessary
  • Lead smaller group of members in discussion and research

Time Commitment outside of weekly meetings: 1-3 hours

 

Treasurer

This position will help to streamline the clubs functions.  They will maintain all cash flows outside of our actual portfolio.  This includes our independent account as well as our student life account.

Prerequisites:

  • 1 semester in IPO
  • Ability to learn QuickBooks software
  • Currently taking or completed ACC 212

Treasurer Duties:

  • Budgeting
    • Meet with Faculty Advisor and President to discuss the budget for the semester
    • Determine budget for each semester and report to E-board our fundraising goals
    • Create an Income Statement and Balance Sheet for the end of year Management Report
  • Maintain the IPO bank account
    • Maintain all receipts for reimbursement
    • Collect payments for trips from members

Time Commitment outside of weekly meetings: 1-2 hours

 

Secretary

 This position will play a vital role in all record keeping including: minutes, attendance, and voting information.

Prerequisites:

  • 1 semester in IPO
  • Very organized

Duties

  • Keep detailed minutes during general meetings and e-board meetings
    • General meeting minutes to be placed on website
  • Record attendance at each meeting
    • Keep tabs on member attendance compliance
  • Work with VP of Ops to handle voting materials and tabulating results

Time Commitment outside of weekly meetings: 1-2 hours

 

To download as a word document: Officer Descriptions

Page last modified March 14, 2014