Atkins Investment Group

Three students chat in Paul College's bloomberg terminal room.

The Atkins Investment Group is a student-managed investment fund responsible for over $440,000 in long-equity and fixed income positions – nearly half a million dollars in assets. It provides a unique opportunity for students to learn about macroeconomic indicators, various industry trends, active investing, and portfolio management.

Student analysts are responsible for the group’s investments.  This process starts with macroeconomic analysis and finishes with company-specific analysis.  Analysts utilize a variety of methods to conduct research, consisting of internally developed valuation models, such as a Discounted Cash Flow Model, a Comparable Company Analysis, and Precedent Transactions.

Atkins students have access to several Bloomberg Terminals within Paul College to complete their coursework. This resource is industry standard for financial professionals – knowing how to use this terminal is a virtual “must know” for those aspiring to work in finance related areas.  Bloomberg Terminals pull together massive amounts of data to help investors make educated decisions about stocks, bonds, indexes, foreign exchange, options and futures in real time.

Weekly, students conduct in-depth presentations illustrating their research and recommendations on whether to buy, sell, or hold stocks.  After a Q&A session, the group votes on the proposed investment ideas. Trades are then made accordingly. The main investing goal is to outperform the return of the S&P 500.

Stock proposal presentations made by student members generally include, but are not limited to:

  • Macroeconomic and industry analysis

  • Corporate overviews and a S.W.O.T. analysis

  • An in-depth summary of company financials

  • Technical analysis

  • Future growth outlook

  • Corporate Valuation

  • Final investment rationale

Each student analyst works within an assigned sector: Basic Material, Consumer Discretionary, Consumer Staples, Energy, Financials, Healthcare, Industrials, Communications, Technology, Real Estate, Fixed Income, and Utilities.

Over the course of the semester, students also have the ability to interact with finance professionals, who attend classes as guest speakers and provide real life perspectives on finance, investing, and wealth management.

The Atkins Investment Group was originally established in 1995 through the generosity of the University of New Hampshire’s first M.B.A. class (class of 1968).  Nine years later, alumnus Gerald F. Atkins donated $40,000 to the group, increasing total assets under management to approximately $50,000.  After this donation, the group was officially named the Atkins Investment Group.  In the spring of 2011, the group received another generous donation of $37,500 from a combined contribution from alumnus Mel Rines, the General Electric Company, and the Whittemore School of Business & Economics (now Paul College).

Professors Ahmad Etebari and Stephen Ciccone have been Atkins' advisors since its inception, but the two-credit course is primarily run by a student executive board. More information about the group can be found at their student-run website.