The Bryn Mawr College Owl Investment Group (OIG) is currently ranked fourth in the Adirondack Cup, an initiative through which college and graduate students can create their own hypothetical small cap portfolio for six months.
The Adirondack Cup runs from October 2012 to April 2013 and at the end of this time, the portfolio with the best return will win. This is the first year OIG has participated in this cup.
The OIG began in 1976, when an anonymous donor gave $100,000 to the College for the purpose of helping students learn to invest money in the stock market. The investment group was formed and has tracked their portfolio, traditionally giving money back to the College in the form of club and other donations. This year, OIG will donate $5,000 towards Sandy relief efforts, forgoing their annual donation to Bryn Mawr. They currently hold a stock portfolio valued at over $130,000. They have investments in 24 companies, including Apple Inc, Kraft, Cisco Systems, Inc., Microsoft Corp., AT&T, and Cia Energetica de Minas Gerais.
Many students involved in the OIG go on to pursue their studies in the nation’s top MBA programs, including those at Princeton, Harvard, Stanford, Wharton, Columbia, and others around the country. OIG alumnae now are working in some of the country’s most successful companies, including Goldman Sachs, Google, JP Morgan, The PFM Group, PWC, and The New York Federal Reserve.
“OIG has opened doors for many people,” says OIG President Andrea Parra ’13. “We are one of the few organizations on campus that directly links students with job opportunities in some of the most sought out companies.”
The investment group currently has more than 35 members and meets every Wednesday at 9 p.m. Any student interested in the Owl Investment Group should contact Andrea Parra at Aparra@brynmawr.edu or see the Owl Investment Group blog.