Develop expertise in a $100 trillion industry

Popular culture glorifies the big overnight gains of stocks, but the truth is bonds are the backbone of the world economy and now exceed $100 trillion globally. And since the size of the bond market has more than tripled in the past 15 years1, there is a critical need for financial professionals who speak and understand the language of “fixed income.” Whether it’s managing sovereign debt, raising capital in the enterprise, or diversifying an investment portfolio, having a solid understanding of bonds and their markets is critical for finance professionals. The Fixed Income Fund at Tippie is your opportunity to go beyond the basics and develop expertise in this critical domain.

Apply classroom theory at the trade desk

It’s not just an academic exercise when real dollars are on the line. In the Tippie Master of Finance program, you’ll develop significant expertise in Fixed Income and Derivatives through a sequence of core courses required of all students. But you’ll also have the opportunity to go above and beyond through the Fixed Income Fund, an experiential learning opportunity that connects classroom theory to the trade desk. For an entire semester you’ll work as a bond analyst in the fund. You’ll be responsible for understanding a sector, and will look for bond-related investment opportunities in it. You’ll learn how to assess risk, make recommendations, and pitch your recommendations to your colleagues and the fund advisory board. Do so successfully and you can make the trades and take the position you’ve advocated for.

Be a master of munis, sovereigns, corporates, and high yield bonds

Since the world of bonds is notoriously illiquid, often has high transaction costs, and is not centrally traded, Tippie’s Fixed Income Fund trades in ETFs—Exchange Traded-Funds—that allow you to buy, sell, and hold corporate bonds, US Treasuries, munis, agency issues, and more. You’ll develop actual expertise in bonds by trading in the equities that own them.

Fixed income is inherently interesting

Since the world of bonds is notoriously illiquid, often has high transaction costs, and is not centrally traded, Tippie’s Fixed Income Fund trades in ETFs—Exchange Traded-Funds—that allow you to buy, sell, and hold corporate bonds, US Treasuries, munis, agency issues, and more. You’ll develop real-world expertise in bonds by trading in the equities that own them.

Careers in fixed income

There are more fixed income roles than equity roles in the finance industry, and smart students develop expertise in both. When you work as an analyst in Tippie’s Fixed Income Fund, you’ll participate in a unique, real-world bond investment fund that prepares you with the skills you need to work for the biggest players in the bond markets. Think large institutions like governments, banks, insurance companies, states, municipalities, mutual funds, and more. From the CFO office to the trade desk, there’s a real need for top talent with demonstrable experience and expertise in fixed income.

Explore experiential learning in finance

Kriti Anand

Define the investment strategy of a premier $6 Million equity fund whose rate of return readily beats the S&P 500.

Sarah Belser-Ehrlich, FTMBA

Solve some of the most critical challenges facing business and industry today by working as a finance consultant for a semester.

Classroom

Develop your expertise in the bond market by defining and executing an investment strategy for a fund dedicated to fixed income.