With a $1-million gift from George Dembroski, students in the Edwards School of Business will have the opportunity to invest real money in the stock market.
“I wanted to recognize the vitality of the Saskatchewan business community by investing in local education,” said Dembroski, an Ontario-native who recently retired from Cameco’s board.
Dembroski’s donation will support business students through scholarships and enhancements such as a virtual trading floor and data sets for financial research and will establish the George S. Dembroski Student Managed Portfolio Trust. In addition, Edwards will launch two investment practicum courses in the 2011/2012 academic year, enabling students to earn credit through the hands-on experience. The courses will teach a select group of third and fourth-year business students the intricacies of managing an investment portfolio including selecting financial assets, governance and the ethical issues involved with investing other people’s money.
A portion of the income students earn will be reinvested into the portfolio and the remainder will go toward providing benefits to Edwards’ students. Initiatives will include scholarships, sponsoring guest speakers and funding additional activities to improve the student learning experience.