October 2006  elink home 
 
 
 
 

Outsmarting the S&P

For five years now, savvy groups of Bauer MBA candidates have put theory into practice as they manage the Cougar Investment Fund (CIF), which has outperformed the S&P 500 since its inception in 2002.

The payoff has been handsome, not just for stockholders, but for the students who leave the program with real-life experience at the Bauer College of Business' AIM Center for Investment Management. Chosen for their academic qualifications and professional backgrounds, the students in the Graduate Certificate in Financial Services Management Program find and track undervalued stocks, then purchase and manage them.

Key to the CIF team’s success is their experience and maturity—they average five years of full-time work experience and hail from backgrounds as diverse as accounting, finance, technology, science, and engineering.

Taking calculated risks and turning them into investor dividends provides superb training, says former student Aaron Stephens, now an investment analyst with UBS Global Asset Management in Chicago. “I was able to perform my duties at the highest level on Day One,” he said. Today, the Cougar Fund is
valued at $6.5 million, up 51 percent from 2002 and beating the S&P Index by 20 percentage points.

A Warm Welcome

New students arriving at a university are usually scrambling to find out where to park, where to register or how to pay for classes. Thanks to the University of Houston’s new Welcome Center, answers to these and a host of other questions can be found just minutes after arriving on campus.

UH’s Welcome Center, at Entrance 1 – Calhoun Road and University Drive – across from the Hilton University of Houston Hotel, offers the campus community and visitors a new point of entry to the university and easy access to several administrative offices that are frequently visited by students. The center, which opened last month, combines a four-story, 1,500-car parking garage with Enrollment Services and a visitors’ center.

New, current, or prospective students can park in the garage and immediately stroll to first-floor Enrollment Services, which includes the registrar, freshman and transfer admissions, financial aid, financial services and academic advising.

To learn more about the university, its colleges and the campus, they need only walk a few more feet to the adjoining visitors’ center, where they can receive campus maps, talk to UH representatives, or access information using computer kiosks.

CPP Names New Director

For over 25 years, UH’s Center for Public Policy (CPP) has asked Houstonians the right questions—questions that get to the heart of their quality of life.

What do you like about the city? What drives you crazy? How can public policy fix what’s wrong?

This fall, the CPP selected Jim Granato as its new director. He served as the political science program director and as a visiting scientist at the National Science Foundation (NSF). Granato has also been a professor at the University of Texas, the University of Oregon and Michigan State University.

"Jim brings more than just strong academic and research credentials to the Center for Public Policy,” said Renee Cross, CPP associate director. “He brings endless energy and an incredible commitment to making the Center one of the leading urban research organizations in the country. He’s dedicated to interdisciplinary research and outreach to both academic and external communities."

To that end, one of Granato’s initiatives is a 2007 Speakers Series—open to the public as well as academics—highlighting diverse public policy issues. Granato also looks forward to surveying Houstonians on their “take” on immigration, air quality, economic development, and health care coverage and cost.

Since 1981, CPP has provided the Houston community with impartial research in politics, economics, and education. Richard Murray, former CPP director, will continue teaching at UH and heading CPP’s Survey Research Institute, which conducts an ongoing program of political and public opinion polling for the city and the state.

More UH News

For the latest news from UH, visit www.uh.edu/newsroom.

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