Officer Descriptions

 

President – The president of Seidman IPO should be someone who can communicate well with others, and be 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 with IPO

                                    Junior or Senior Standing

                                    Well educated in Finance

                  Duties:

                                    Decision making on all programming

                                    Keeps eye on broad picture of growth and betterment of the club

                                    Establish weekly meeting times and places

                                    Head all meetings, facilitator

                                    The glue between all areas of the club

                                    Weekly e-mail notices

                                    In charge of Organization Management Program (delegation to respective VP)

                                    Figurehead of the club

                                    Disciplinary action if necessary

                                    Decision making on all large monetary decisions

                                    Create major presentations (to dean, student scholarship day, etc.)

                                    Review and update the bylaws each semester

                  Time Commitment (outside of weekly meetings):  3-4 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 with IPO

                                    Junior or Senior Standing

                                    Well educated in Finance

                Duties: (please check the Portfolio Management guidelines for comprehensive details)

                                    Overlook relations beneath

                                    Implement change in research and reporting relationships

                                    Monitor Portfolio Performance

                                              Measure Risk

                                              Asset allocations

                                              Measure return

                                  Complete analysis of Portfolio

                                  Must compile a Portfolio Summary report at the end of each semester

                                  Monthly reports to the club

                  Time Commitment (outside of weekly meetings):  2-4 hours

 

Portfolio Managers (4) – 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 with IPO

                                    Good knowledge of research techniques used by club                     

                  Details: (please check the Portfolio Management guidelines for comprehensive details)

                                    Prepare Presentations

                                    Input into research techniques, asset allocations

                                    Delegate duties to Senior and Junior Analysts

                                    Weekly updates on sector to the club

                  Time Commitment (outside of weekly meetings):  1-3 hours        

 

Vice President of Operations – The VP of operations will be our gateway to the world outside of Seidman.  From community service projects and fundraising, to finding job opportunities, this position will be integral in the clubs exposure in Grand Rapids and beyond.

                  Prerequisites

                                    1 semester with IPO

                                    Ability to communicate well

                                    Junior or Senior Standing

                  Duties: 

                                    Fundraising—find ideas, inform club, plan, follow-up

                                    Community Service – find ideas, inform club, plan, follow-up

                                    Community Relations

                                              Speakers

                                              Business interactions

                                              High school interaction

                                   Delegation of duties to Assistant

                                   Social Activities within the club

                                   One Report to president per semester stating goals/accomplishments

                  Time Commitment (outside of weekly meetings):  2-3 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 semesters with IPO

                Duties:

                                    Find effective avenues to get our name in front of students

                                             Blackboard

                                             Student life night (other student life events)

                                             Mass e-mails

                                             Kiosk posting

                                             Posters, flyers, etc.

                                    Develop a positive and noticeable image of Seidman IPO

                                    One marketing report per semester to the president

Establish group bonding events each semester that help bring the club together and bridge the gap between the E-Board and members

                  Time Commitment (outside of weekly meetings):  2-3 hours        

 

Vice President of Treasury This officer position will help to streamline the clubs functions.  The treasury 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 with IPO

                                    ACC 212

                  Duties:

                                    Treasury

                                    Manage budget

                                    Keep track of receipts

                                    Student life account meetings and budget

                                    Creating documents (budget, income statement) for Organization report

                                    Semester Budget updates to president

                  Time Commitment (outside of weekly meetings):  1-2 hours

 

Secretary – The secretary will be the assistant to the VP of Operations and will be in charge of attendance.  This position will also play a vital role in all record keeping including keeping minutes of all E-Board meetings, attendance and voting information.  The secretary must assist the President, VP of Operations, and Tresaurer with the end of the semester annual reports. 

Prerequisites

                                    1 semester with IPO

                                    Superior record keeping skills

                  Duties:

                                    Keep detailed minutes during meetings

                                    Type minutes each week to be placed on-line

                                    Take attendance at each meeting

                                    Keep tabs on member attendance compliance

                                    Handles voting materials and tabulating results

                  Time Commitment (outside of weekly meetings):  1-2 hours

 

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