CREATING A NEW TYPE OF STUDENT MANAGED FUND USING PEER-TO-PEER LOANS

Lynda S. Livingston and Thomas Glassman

Business Education and Accreditation, 2009, vol. 1, issue 1, 1-14

Abstract: Finance students can experience real-world challenges and enhance their learning by running an investment fund. However, most of the student-managed funds that currently exist are relatively large, equity-focused portfolios; few funds concentrate on debt, since fixed-income investing usually requires larger investments and higher expenses. In this paper, we present a new type of fixed-income fund: a peer-to-peer lending portfolio, run through the Prosper Marketplace electronic platform. Such portfolios can be hundreds of times smaller than even the smallest traditional student-managed funds. Using Prosper, business programs of almost any size can offer students the educational experience of running an investment fund.

Keywords: student-managed funds; peer-to-peer lending (search for similar items in EconPapers)
JEL-codes: A2 (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.theibfr2.com/RePEc/ibf/beaccr/bea-v1n1-2009/BEA-V1N1-2009-1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibf:beaccr:v:1:y:2009:i:1:p:1-14

Access Statistics for this article

Business Education and Accreditation is currently edited by Terrance Jalbert

More articles in Business Education and Accreditation from The Institute for Business and Finance Research
Bibliographic data for series maintained by Mercedes Jalbert ( this e-mail address is bad, please contact ).