Tepper Investment Club Kick-off Meeting 9/7/2005

1. Tepper Investment ClubKick-off Meeting9/7/2005

2. Agenda • Welcome • Board Member Introduction • Club Overview & Initiatives • Invitation to 1st year students & current members • Moving Forward…

3. Board members Larry Shank, President: lshank@cmu.edu Arjun Batra, VP Alumni & External Relations: arjunb@andrew.cmu.edu Henry Sandels, VP FI, Derivatives & Alt. Investments: hsandels@andrew.cmu.edu Tom Scherr, VP Graduate Investment Fund: tscherr@andrew.cmu.edu David Pan, VP Technology & Communications: davidpan@andrew.cmu.edu Anirban Chowdhury, VP Mentoring: anirbanc@andrew.cmu.edu Henry Chen, Case Competitions Director & others: chchen@andrew.cmu.edu Jerry Tsai, Career Development Director: chungyut@andrew.cmu.edu Alice Chen, Treasurer: alicechen@cmu.edu

4. overview The mission of the Investment Club is to provide an opportunity for MBA and MSCF students to educate themselves about investment research and portfolio management through: • Tepper Investment Club Fund • Access to an Industry Speaker Series • Case Competition • CFA panels and discounted test prep materials • Career Mentorship • Company Visits

5. Investment Club Fund The fund is currently in its infancy; however, we plan to: • Create a professional money management environment by obtaining access to various software and data vendors • Work with an Investment Committee consisting of Faculty, Administration, Alumni and Industry Practitioners to establish a formal investment process • Seek funding within Tepper and from external sources • Integrate the fund into the curriculum for the Class of 2007 • The fund will help Investment Club members prepare for jobs in Asset Management, Investment Banking, and Equity Research

6. Industry speaker series We are currently expecting speakers from the following companies: Federated Investors • Linda Duessel, Investment Management BlackRock • Chris Milner, CEO Anthracite REIT Rydex Investments • Mike Dellapa

7. Case competition • Open to all Tepper students • Currently scheduled to take place in the spring semester (either mini 3 or mini 4) • Will consist of groups commingling both first and second year students • Integrate skill-sets from course offerings: [i.e. Finance, Investment Analysis and Financial Statement & Fundamental Analysis]

8. Cfa Program Guidance • Panel discussion of CFA designation • Overview, exam-taking advice • Possible workshop(s) covering specific areas • Schweser Study Notes discount for Investment Club members only! • last year the package saved members up to 63% • Planning to expand our vendor list of CFA preparation materials this year

9. Internship preparedness • Resume Workshop – Learn to fish for life • Mock Interviews – Identify your Achilles heel • Navigating the internships – Planning, and then more planning

10. Career development • Resume book delivery to multiple asset management firms (independent of COC) • Resume book posted on the Investment Club / EASE website • Independent trips to investment management companies

11. Active participation… • With website development, as our new website will launch within the next few days • With contacting alumni and industry participants to serve some function for the Investment Club Fund • Pure logistics of the club

12. membership MBA 2007 Membership 1 year membership: $30 2 year membership: $50 MBA 2006 Membership 1 year membership: $30 MSCF Membership Duration of program: $35 Flextime Membership $50/Remaining years in program

13. To become a member • Make your check payable to “Carnegie Mellon University” • On the memo line of the check label “IC 2007 Dues” • Deliver your check to Alice Chen, Treasurer, via school mailbox, which is located by the 1st year student lockers • Please follow-up the delivery of the check via email • Alice will confirm receipt of your check via email • Please have checks delivered to Alice by next Wednesday, September 14th

14. Any questions ? Thank you for attending