Tuesday, February 1, 2022

Students in Marquette’s AIM Program are using advanced financial technology to assist in their investment research

 AIM continues to incorporate FinTech tools and trends within the curriculum

Marquette University’s Applied Investment Management (AIM) program has been adopting financial technology (FinTech) tools to help students screen for stocks, mitigate portfolio risks, automate data scrapping functions, and evaluate market trends. The students in the AIM program have been upgrading their skills as it pertains to finding and evaluating innovative firms that are disrupting industries and employing new technologies.

The AIM program also continues to evolve by utilizing more quantitative and statistical tools to monitor existing holdings within the $4 million funds the students manage. Further enhancements will include the application of machine learning (ML) and artificial intelligence (AI) tools to help automate the tracking and monitoring of the 150 stocks held in the AIM Small Cap and International equity portfolios.


An additional goal will be to integrate the new technologies in the creation of a user-friendly platform that the students can employ to support the management of the portfolio. Furthermore, it is desired to incorporate AI and ML into the basic research activities. The goal is to ensure that the platform is integrated with existing databases and optimized to provide faster access to real-time information. It is desired that at the end of the program, students will have learned basic financial skills and how to advance FinTech tools to solve financial challenges.

The investment management industry is making greater use of data analytic tools and big data forecasts to create investment portfolios. By employing advanced FinTech tools, including predictive analytics to forecast trends and market bubbles, it is possible to make better financial decisions. Dr. David Krause, AIM Director and Associate Professor of Finance, said “We want to be a leader in financial innovation within the investment research process. By enhancing our ability to make more accurate predictions and forecasts, as investors we will be able to make better financial decisions.”

Graduates of Marquette's AIM program have been taking key roles in the financial services industry, and the future looks bright. Krause continued, “I am proud of our graduates and I know they will serve as the future leaders of financial services industry. They have the ethical training and the advanced skills and tools to succeed. I believe that the AIM program gives students the opportunity to not just learn, but to apply their knowledge and make a positive difference."  

 


About Marquette and the Applied Investment Management Program

Marquette University is a distinctive private research university with a strong and consistent mission of educating students from all faiths and backgrounds for the lifelong pursuit of knowledge, the responsible exercise of leadership and service to humanity. Marquette University is composed of nine schools and colleges, offering more than 300 academic programs of study through the College of Arts and Sciences and Schools of Education, Pharmacy, Nursing, Social Work, Health Professions, Business Administration and Law School, as well as the graduate fields of Education and the Fine and Performing arts.

The Marquette University AIM program offers students the opportunity to earn a bachelor's degree in finance and other majors, while focusing on asset management. The program and its curriculum are aligned with the Chartered Financial Analyst (CFA) Institute which provides students with the skills employers are looking seeking. Besides using fundamental analysis to select investments for the managed funds, AIM students also develop an understanding of risk management and deep knowledge of capital markets.