Portfolio Management Program
Every year students are selected in a highly competitive interview process to join the two-year PMP program. The first-year students become financial analysts that get to know the portfolio and support the second year students, who act as managers and are in charge of the actual asset management process. This structure ensures that portfolio decisions are coordinated among analysts and managers, which is crucial since the portfolios are rolled over to the next student cohort once a year.
The PMP meetings take place on a weekly basis and can be broadly classified into the following four categories:
1, Manager Meeting
The managers present a portfolio update referring to current performance and risk measures. Additionally, they give an update of the trades that were done and those that are planned. They are also asked to present a general market outlook with respect to their portfolio composition. The managers also have to prepare a discussion (critique) of the manager presentation of another group.
3, Expert Talk
Approximately three times per semester top academic researchers and experts in the field of financial markets give a talk on their state-of-the-art research and current financial market issues.
2, Analyst Meeting
The analysts present their research on market regions, asset classes or investment strategies that are linked to their current portfolio composition. Additionally, they are asked to present new and innovative concepts that are discussed with their managers and tutors in advance.
4, Technical Meeting
This involves the preparation of an exercise related to a specific subject. Each student group solves a set of empirical asset management problems and presents it along with a lecture typically by one of the PMP professors.
Contact University of Vienna
The contact person at University of Vienna with respect to the Portfolio Management Program is
Ao. Univ.-Prof. Mag. Dr. Andrea Gaunersdorfer.
Tel.: (+43-1) 4277 / 38056
Contact Vienna University of Economics and Business
The contact person at Vienna University of Economics and Business with respect to the Portfolio Management Program is
Univ.-Prof. Dr. Otto Randl
Tel.: (+43) 1 31336 / 5076