Three pillars.One mission.
Capital Markets
Research
The Research Pillar develops students' ability to evaluate investment opportunities through rigorous fundamental analysis. Students engage the full lifecycle of equity research, from initial screening and idea generation to formal investment memorandums and polished stock pitch presentations.
Each year, a select team has the opportunity to present at the CFA Annual Forecast Dinner, compete in the CFA Research Challenge, and present to alumni and industry professionals.
Investment Memo Structure
Executive Summary · Business Overview · Investment Thesis · Catalysts · Valuation · Risk Analysis
Research Framework: 5 Stages
Student-Managed
Investment Fund
The SMIF pillar is the CMC's most ambitious long-term initiative. Students manage a simulated portfolio using institutional-grade Bloomberg Terminal tools, the same systems used by global buy-side asset managers.
Using Bloomberg's PRTU portfolio administration function, students manage simulated capital with real market data, real position limits, and real compliance constraints. This is not a paper trading website. It is a fully institutional simulation environment.
Investment Policy Framework
- ·Equity focus: large-cap Canadian and U.S. listed securities
- ·Max 5% per position, 3% initial purchase limit
- ·Max 30% per GICS sector
- ·Max 30% international exposure
- ·ESG integration: negative screening on tobacco, arms, adult entertainment
- ·4% annual distribution rule for future scholarship funding
24-Month Roadmap to Live Capital
Structural institutionalization, governance framework, Bloomberg setup, faculty engagement.
Track record building, Shadow Advisory Board formation, published performance reports.
Live capital pitch preparation, phased deployment strategy, university endowment approach.
Training &
Education
Every CMC member develops a consistent, professional foundation in applied finance through a structured curriculum that complements academic coursework.
Certifications & Platforms
Bloomberg Market Concepts (BMC)
Free via UBCO terminals. Industry-standard certification covering financial markets fundamentals.
Wall Street Prep
Premier financial modelling training used by global investment banks to train incoming analysts.
Financial Modeling Institute (FMI)
Advanced accreditation for top-performing senior analysts.
Canadian Securities Course (CSC)
Canadian regulatory and market structure knowledge.
Weekly Sessions
- ·Senior members deliver technical training
- ·Analysts present research progress
- ·"Topic of the Week" market analysis
Industry Speaker Series
Finance professionals and faculty mentors provide real-world insight into capital markets, investment management, and career development. Events co-hosted with the MSA Finance Club.