{"id":19946,"date":"2026-04-10T12:42:04","date_gmt":"2026-04-10T17:42:04","guid":{"rendered":"https:\/\/uwm.edu\/business\/?post_type=program&#038;p=19946"},"modified":"2026-04-10T13:25:23","modified_gmt":"2026-04-10T18:25:23","slug":"investment-management-certificate-program","status":"publish","type":"program","link":"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/","title":{"rendered":"Investment Management Certificate Program"},"content":{"rendered":"\n\n<div id=\"primary\" class=\"content-area\">\n\t<div id=\"main\" class=\"site-main\">\n\t\t\n\n<section id=\"program-intro\" class=\"uwm-u-pt-80 uwm-u-pb-40\">\n    <div class=\"uwm-l-container--base\">\n        \n\n<div class=\"uwm-l-row\">\n<div id=\"intro-main\" class=\"uwm-l-col\">\n<header class=\"page-header\">\n    <h1 class=\"entry-title heading-separator\">\n        Investment Management Certificate Program            <\/h1>\n<\/header>\n  \n\n\n\n\n<p class=\"lead-in\">Students in the Lubar College\u2019s Investment Management Certificate Program (IMCP) work on real portfolios while earning their degrees. Our CFA Institute University Affiliation program emphasizes the philosophy that students learn by doing.<\/p>\n\n\n\n<p>Through a rigorous curriculum that puts a premium on applied finance opportunities, students learn the roles of sell-side analyst, buy-side analyst, credit analyst, investment banker, performance and risk manager, institutional sales, financial planner, and portfolio manager, along with the skills necessary for many other roles in finance.<\/p>\n\n\n    <div id=\"program-details-jump\">\n        <a class=\"uwm-c-button uwm-c-button--s\" href=\"#program-details\" rel=\"\">Jump to Program Details <i class=\"uwm-u-pl-10 fa-solid fa-arrow-down\"><\/i><\/a>\n    <\/div>\n\n    \n\n\n    <div class=\"uwm-l-row uwm-u-mt-50\">\n                    <div class=\"uwm-l-col\">\n                <h2 class=\"size-h6 uwm-u-my-10 uwm-u-pt-10 uwm-u-border--top\">Program Type<\/h2>\n                <p class=\"size-h4 uwm-u-mt-0\">\n                    <strong>Undergraduate Certificate, Graduate Certificate<\/strong>\n                <\/p>\n            <\/div>\n        \n                    <div class=\"uwm-l-col uwm-l-offset--2\">\n                <h2 class=\"size-h6 uwm-u-my-10 uwm-u-pt-10 uwm-u-border--top\">Program Format<\/h2>\n                <p class=\"size-h4 uwm-u-mt-0\">\n                    <strong>On Campus<\/strong>\n                <\/p>\n            <\/div>\n            <\/div>\n\n<\/div>\n\n\n\n<div id=\"intro-sidebar\" class=\"uwm-l-col uwm-l-col--4 uwm-l-offset--1\">\n\n<div class=\"uwm-l-buttons--full\">\n<a class=\"uwm-c-button uwm-c-button--full uwm-u-mb-20\" href=\"https:\/\/uwm.edu\/business-undergrad-advising\/forms-applications\/certificate-in-investment-management-application\/\" rel=\"\">Apply Now<\/a>\n\n\n\n<button class=\"uwm-p-modal--launch uwm-c-button uwm-c-button--outline uwm-c-button--full uwm-u-mb-20\" aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-request-information\" data-modal-prefix-class=\"uwm-p\" data-modal-content-id=\"uwm-modal-request-information\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" rel=\"\">Request Information<\/button>\n\n\n\n<a class=\"uwm-c-button uwm-c-button--outline uwm-c-button--full uwm-u-mb-20\" href=\"https:\/\/uwm.edu\/cost-aid\" rel=\"\">Cost<\/a>\n<\/div>\n\n\n\n    <div class=\"uwm-p-card uwm-p-card--color-head uwm-u-mt-40\">\n        <div class=\"uwm-p-card--title\">Important Dates<\/div>\n        <div class=\"uwm-p-card--body\">\n            <div class=\"uwm-p-card--content\">\n                <strong>Application Deadline:<\/strong><br>December 1, 2026<br><br><strong>2026 Required New Student Orientation:<\/strong><br>June 4th-7th                <\/div>\n        <\/div>\n    <\/div>\n\n\n<\/div>\n<\/div>\n\n    <\/div>\n<\/section>\n\n\n\n\n\t    <section id=\"program-highlights\" class=\"uwm-u-py-80 uwm-bg-gray-dark\">\n        <div class=\"uwm-l-container--base\">\n        \n\n<div id=\"program-highlights-content-video\" class=\"uwm-l-row\">\n<div class=\"uwm-l-col\">\n\n<h2 class=\"wp-block-heading heading-separator-short\" id=\"h-our-students\">Our Students<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Through active management of real-money portfolios, students work on around $12 million in real portfolios, including management of around $6 million in assets.<\/li>\n\n\n\n<li>Are trained in a Chartered Financial Analyst (CFA) Institute University Affiliation Program that prepares them for and encourages them to sit for the CFA Level I examination.<\/li>\n\n\n\n<li>Engage regularly with investment professionals inside and outside of the classroom.<\/li>\n\n\n\n<li>Have access to top flight investment analytical tools, work on real projects, and participate in competitions.<\/li>\n\n\n\n<li>Travel to some of the world\u2019s largest financial centers to learn from working investment professionals<\/li>\n<\/ul>\n\n<\/div>\n\n\n\n<div class=\"uwm-l-col uwm-l-col--6 uwm-l-offset--1\">\n        <figure class=\"uwm-c-img--caption-gray uwm-c-img--video\">\n            <a href=\"#\" onclick=\"event.preventDefault()\" class=\"uwm-p-modal--launch\" aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-cbq6a4\" data-modal-prefix-class=\"uwm-p\" data-modal-content-id=\"uwm-modal-cbq6a4\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"500\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-director-kevin-spellman-video-placeholder.jpg\" alt=\"IMCP Director, Kevin Spellman\" class=\"wp-image-19919\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-director-kevin-spellman-video-placeholder.jpg 750w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-director-kevin-spellman-video-placeholder-300x200.jpg 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/>            <\/a>\n            \n                    <\/figure>\n\n        <div id=\"uwm-modal-cbq6a4\" class=\"hidden\">\n            <div class=\"uwm-video\">\n                <iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/yOWLpjF__aU\"  width=\"560\" height=\"315\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n            <\/div>\n        <\/div>\n        \n    <\/div>\n<\/div>\n\n        <\/div>\n    <\/section>\n\n\n\n\n<section id=\"program-details\" class=\"uwm-u-py-80\">\n    <div class=\"uwm-l-container--base\">\n        \n\n<div class=\"uwm-l-row\">\n<div id=\"details-main\" class=\"uwm-l-col\">\n\n<div class=\"uwm-p-tabs\" data-tabs-prefix-class=\"uwm-p-tabs\"><ul class=\"uwm-p-tablist\" data-hx=\"h2\"><li class=\"uwm-p-tablist--item\"><a href=\"#tab-z7e1-future-students\" class=\"uwm-p-tablist--link\">Future Students<\/a><\/li><li class=\"uwm-p-tablist--item\"><a href=\"#tab-z7e1-curriculum\" class=\"uwm-p-tablist--link\">Curriculum<\/a><\/li><li class=\"uwm-p-tablist--item\"><a href=\"#tab-z7e1-learn-by-doing\" class=\"uwm-p-tablist--link\">Learn by Doing<\/a><\/li><li class=\"uwm-p-tablist--item\"><a href=\"#tab-z7e1-outreach\" class=\"uwm-p-tablist--link\">Outreach<\/a><\/li><li class=\"uwm-p-tablist--item\"><a href=\"#tab-z7e1-faculty\" class=\"uwm-p-tablist--link\">Faculty<\/a><\/li><\/ul><div class=\"uwm-p-tabcontent\">\n<div id=\"tab-z7e1-future-students\" class=\"uwm-p-tabcontent--pane\">\n<p>If you\u2019re fascinated by how individuals and organizations grow wealth through investment portfolios, the Investment Management Certificate Program will challenge you with an intense, extended, applied educational opportunity.<\/p>\n\n\n\n<p>As an IMCP student, you\u2019ll carry out all of the duties that professional investors do \u2013 leaving the program with analyst-level skills. You learn the role of the sell-side analyst, buy-side analyst, investment banker, performance and risk manager, institutional sales, financial planner, and portfolio manager.<\/p>\n\n\n\n<p>You will:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Be part of a team that works on around $12 million in real portfolios<\/li>\n\n\n\n<li>Be trained in a Chartered Financial Analyst (CFA) Institute University Affiliation&nbsp;Program (undergraduate IMCP curriculum) where you are prepared for and encouraged to sit for the&nbsp;<a href=\"https:\/\/www.cfainstitute.org\/en\/programs\/cfa\" target=\"_blank\" rel=\"noreferrer noopener\">CFA Level I examination<\/a><\/li>\n\n\n\n<li>Meet regularly with investment professionals inside and outside of the classroom<\/li>\n\n\n\n<li>Have access to top flight investment analytical tools<\/li>\n\n\n\n<li>Work on real projects and participate in competitions<\/li>\n\n\n\n<li>Travel to some of the world\u2019s largest financial centers<\/li>\n<\/ul>\n\n\n\n<p><strong>Scholarships are available<\/strong> to IMCP students to support tuition and IMCP-related travel expenses, and for CFA examination fees.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-admission-requirements\">Admission Requirements<\/h2>\n\n\n\n<div class=\"uwm-l-grid uwm-c-button--grid uwm-l-grid-row--30 uwm-l-grid-column--30 uwm-l-grid--2 uwm-l-grid--equal-y\">\n<a class=\"uwm-c-button\" href=\"https:\/\/catalog.uwm.edu\/business\/investment-management-undergraduate-certificate\/#requirementstext\" rel=\"\">Undergraduate Requirements<\/a>\n\n\n\n<a class=\"uwm-c-button\" href=\"https:\/\/catalog.uwm.edu\/business\/investment-management-graduate-certificate\/#requirementstext\" rel=\"\">Graduate Requirements<\/a>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-program-highlights\">Program Highlights<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"uwm-l-row uwm-l-row--4\">\n<div class=\"uwm-l-col\">\n<figure class=\"uwm-u-mb-20\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Internships-800x400-1.jpg\" alt=\"Investment Management student\" class=\"wp-image-3756\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Internships-800x400-1.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Internships-800x400-1-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Internships-800x400-1-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading size-h4 uwm-u-mt-20 uwm-u-mb-10 uwm-c-link--dark\" id=\"h-internships-amp-careers\"><a aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-internships-careers\" data-modal-content-id=\"uwm-modal-internships-careers\" data-modal-prefix-class=\"uwm-p\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" class=\"uwm-p-modal--launch\">Internships &amp; Careers<\/a><\/h3>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<figure class=\"uwm-u-mb-20\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Nicolas-Lab-800x400-1.jpg\" alt=\"David O. Nicholas Applied Finance Lab\" class=\"wp-image-3753\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Nicolas-Lab-800x400-1.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Nicolas-Lab-800x400-1-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Nicolas-Lab-800x400-1-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading uwm-u-mt-20 uwm-u-mb-10 size-h4 uwm-c-link--dark\" id=\"h-david-o-nicholas-applied-finance-lab\"><a aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-applied-finance-lab\" data-modal-content-id=\"uwm-modal-applied-finance-lab\" data-modal-prefix-class=\"uwm-p\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" class=\"uwm-p-modal--launch\">David O. Nicholas Applied Finance Lab<\/a><\/h3>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"uwm-l-row uwm-l-row--4\">\n<div class=\"uwm-l-col\">\n<figure class=\"uwm-u-mb-20\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Portfolios-800x400-1.jpg\" alt=\"Investment students in finance lab\" class=\"wp-image-3754\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Portfolios-800x400-1.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Portfolios-800x400-1-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Portfolios-800x400-1-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading size-h4 uwm-u-mt-20 uwm-u-mb-10 uwm-c-link--dark\" id=\"h-12-million-in-portfolios\"><a aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-portfolios\" data-modal-content-id=\"uwm-modal-portfolios\" data-modal-prefix-class=\"uwm-p\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" class=\"uwm-p-modal--launch\">$12 Million in Portfolios<\/a><\/h3>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<figure class=\"uwm-u-mb-20\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Conf-Table-800x400-1.jpg\" alt=\"Investment students in New York\" class=\"wp-image-3755\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Conf-Table-800x400-1.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Conf-Table-800x400-1-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Conf-Table-800x400-1-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading size-h4 uwm-u-mt-20 uwm-u-mb-10 uwm-c-link--dark\" id=\"h-professional-connections\"><a aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-professional-connections\" data-modal-content-id=\"uwm-modal-professional-connections\" data-modal-prefix-class=\"uwm-p\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" class=\"uwm-p-modal--launch\">Professional Connections<\/a><\/h3>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"uwm-l-row uwm-l-row--4\">\n<div class=\"uwm-l-col\">\n<figure class=\"uwm-u-mb-20\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/NYSE-800x400-1.jpg\" alt=\"Students at the New York Stock Exchange\" class=\"wp-image-3759\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/NYSE-800x400-1.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/NYSE-800x400-1-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/NYSE-800x400-1-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading uwm-u-mt-20 uwm-u-mb-10 uwm-c-link--dark size-h4\" id=\"h-investment-trip\"><a aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-investment-trip\" data-modal-content-id=\"uwm-modal-investment-trip\" data-modal-prefix-class=\"uwm-p\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" class=\"uwm-p-modal--launch\">Investment Trip<\/a><\/h3>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<figure class=\"uwm-u-mb-20\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Milwaukee-800x400-1.jpg\" alt=\"Milwaukee skyline\" class=\"wp-image-3760\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Milwaukee-800x400-1.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Milwaukee-800x400-1-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/07\/Milwaukee-800x400-1-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading uwm-u-mt-20 uwm-u-mb-10 uwm-c-link--dark size-h4\" id=\"h-scholarships\"><a aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-scholarships\" data-modal-content-id=\"uwm-modal-scholarships\" data-modal-prefix-class=\"uwm-p\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" class=\"uwm-p-modal--launch\">Scholarships<\/a><\/h3>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div id=\"tab-z7e1-curriculum\" class=\"uwm-p-tabcontent--pane\">\n<p>Students can complete the IMCP as part of an undergraduate degree, graduate degree (MBA and MS-Finance Analysis are common), or as a standalone graduate certificate. They may also begin the certificate curriculum as an undergraduate finance major and complete it as a graduate student in the MS-Finance program through our <a href=\"https:\/\/uwm.edu\/business\/academic-programs\/finance-bba-finance-analysis-ms\/\">accelerated master\u2019s program<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-undergraduate-course-requirements\">Undergraduate Course Requirements<\/h2>\n\n\n\n<figure class=\"uwm-c-table uwm-c-table--stripe\"><table><thead><tr><th>Course Number<\/th><th>Course Title<\/th><th>Credits<\/th><\/tr><\/thead><tbody><tr><td>BUS ADM 454<\/td><td>Analysis of Options and Futures*<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 457<\/td><td>Financial Modeling*<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 550<\/td><td>Investment Management Practice I*<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 552<\/td><td>Investment Management Practice II<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 553<\/td><td>Investment Management Practice III<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 554<\/td><td>Investment Management Practice IV<\/td><td>3<\/td><\/tr><\/tbody><tfoot><tr><td>Total<\/td><td><\/td><td>18<\/td><\/tr><\/tfoot><\/table><figcaption class=\"wp-element-caption\">*Approved Finance Major electives.<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-undergraduate-course-descriptions\">Undergraduate Course Descriptions<\/h2>\n\n\n\n<div class=\"uwm-p-accordion\" data-accordion-prefix-classes=\"uwm\" data-accordion-cool-selectors=\"1\"><button class=\"uwm-p-accordion--toggle-button size-p-md\">Expand All<\/button>\n<div class=\"uwm-p-accordion--header\">BUS ADM 452 Applied Portfolio Management<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Study institutional setting, legal framework, portfolio strategies, and innovations in investment markets. Explore securities valuation, risk management, behavioral study, and prospects of market developments. Prereq: jr st; advancement to Bus Adm major; Bus Adm 451.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 454 Analysis of Options and Futures<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Valuate interest rate, equity, and stock index futures and options. Develop strategies using these instruments in hedging interest rate and equity portfolio risk. Prereq: jr st and advancement to Bus Adm major; Bus Adm 451.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 457 Financial Modeling<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Development and application of computer-based financial models. Models from corporate finance and investments use Microsoft Excel and Visual Basic for Applications (VBA). Prereq: jr st &amp; advancement to Bus Adm major; Bus Adm 450(P) &amp; 451(P).<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 550 Investment Management Practice I<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Introduction to real-time and historic data sets and analytical software available in the David O. Nicholas Applied Finance Lab. Utilize Bloomberg and FactSet. Produce a stock report, including analysis of drivers, financial statements, and valuation. Prereq: jr st, admis to Investment Mgmt Cert program, Bus Adm 450(C); or grad st, admission to Investment Mgmt Cert program, Bus Adm 705(C).<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 552 Investment Management Practice II<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Introduction to the real-time and historic data sets available in the David O. Nicholas Applied Finance Lab. Utilize Bloomberg, FactSet, and other analysis packages. Prereq: jr st, admission to Investment Mgmt Cert program and Bus Adm 451; or grad st, admission to Investment Mgmt Cert program and Bus Adm 771.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 553 Investment Management Practice III<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Students manage an investment portfolio utilizing the David O. Nicholas Applied Finance Lab. Topics include securities selection, portfolio hedging, behavioral finance, and financial market events. Prereq: jr st, admission to Investment Mgmt Cert program &amp; Bus Adm 552; or grad st, admission to Investment Mgmt Cert program and Bus Adm 552.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 554 Investment Management Practice IV<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Students independently conduct special study to assist individual future professional development and gain maturity and confidence in real world investment management. Prereq: jr st, admission to Investment Mgmt Cert program and Bus Adm 553; or grad st, admission to Investment Mgmt Cert program and Bus Adm 553.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-graduate-course-requirements\">Graduate Course Requirements<\/h2>\n\n\n\n<figure class=\"uwm-c-table uwm-c-table--stripe\"><table class=\"has-fixed-layout\"><thead><tr><th>Course Number<\/th><th>Course Title<\/th><th>Credits<\/th><\/tr><\/thead><tbody><tr><td>BUS ADM 550G<\/td><td>Investment Management Practice I<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 552G<\/td><td>Investment Management Practice II<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 553G<\/td><td>Investment Management Practice III<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 554G<\/td><td>Investment Management Practice IV<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 772<\/td><td>Portfolio Management*,**<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 773<\/td><td>Options and Futures*<\/td><td>3<\/td><\/tr><tr><td>BUS ADM 853<\/td><td>Financial Modeling*<\/td><td>3<\/td><\/tr><\/tbody><tfoot><tr><td>Total<\/td><td><\/td><td>21<\/td><\/tr><\/tfoot><\/table><figcaption class=\"wp-element-caption\">*Approved MS in Management-Finance Analysis electives.<br>**Students may substitute MBA degree, other MS in Management, and Masters in Economics courses.<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-graduate-course-descriptions\">Graduate Course Descriptions<\/h2>\n\n\n\n<div class=\"uwm-p-accordion\" data-accordion-prefix-classes=\"uwm\" data-accordion-cool-selectors=\"1\"><button class=\"uwm-p-accordion--toggle-button size-p-md\">Expand All<\/button>\n<div class=\"uwm-p-accordion--header\">BUS ADM 550G Investment Management Practice I*<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Introduction to the real-time and historic data sets and analytical software available in the David O. Nicholas Applied Finance Lab. Utilize Bloomberg and FactSet. Produce a report on a stock, including analysis of drivers, financial statements, and valuation. Prereq: grad st, admission to Investment Mgmt Cert<br>program, Bus Adm 705(C).<\/p>\n\n\n\n<p>*<em>Approved MS in Finance Analysis elective.<\/em><\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 552G Investment Management Practice II<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Investment Management Practice II. Use of real-time and historic data sets available in the David O. Nicholas Applied Finance Lab such as Bloomberg, FactSet, and other analysis packages to analyze securities and prepare to manage portfolios. Prereq: grad st, admission to Investment Mgmt Cert program &amp; Bus Adm 550(P), Bus Adm 301(C) or 721(C); 771(C).<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 553G Investment Management Practice III<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Students manage investment portfolios utilizing the David O. Nicholas Applied Finance Lab. Topics include securities selection, portfolio positioning, performance and risk analysis, and financial market events. Prereq: grad st, admission to Investment Mgmt Cert program and BUS ADM 552.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 554G Investment Management Practice IV<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Students manage investment portfolios utilizing the David O. Nicholas Applied Finance Lab. Special topics covered to assist individual future professional development and gain maturity and confidence in real world investment management. Prereq: grad st, admission to Investment Mgmt Cert program and BUS ADM 553.<br><\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 772 Portfolio Management * **<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Study of dynamic process that periodically matches investors\u2019 goals, objectives, and strategies with market expectations through portfolio construction and revision. Covers asset allocation, return optimization, and management of various asset types. Prereq: grad st; BUS ADM 771.<\/p>\n\n\n\n<p><em>*Approved MS in Finance Analysis elective.<\/em><br><em>**Students may substitute MBA, other MS in Management, and Masters in Economics courses.<\/em><\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 773 Options and Futures*<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Pricing theories and models for options and futures contracts and their application to investment hedging, arbitrage, and portfolio management. Covers equity, fixed income, commodity, and currency options and futures. Prereq: grad st; BUS ADM 771.<\/p>\n\n\n\n<p><em>*Approved MS in Finance Analysis elective.<\/em><\/p>\n<\/div><\/div>\n\n\n\n<div class=\"uwm-p-accordion--header\">BUS ADM 853 Financial Modeling*<\/div><div class=\"uwm-p-accordion--panel\"><div class=\"uwm-p-accordion--panel-inner uwm-u-clear\">\n<p>Development and advanced application of computer-based financial models including pricing of exotic derivative securities. Prereq: grad st, BUS ADM 771.<\/p>\n\n\n\n<p><em>*Approved MS in Finance Analysis elective.<\/em><\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-timetable\">Timetable<\/h2>\n\n\n\n<h3 class=\"wp-block-heading default\" id=\"h-preparing-for-application\">Preparing for Application<\/h3>\n\n\n\n<p class=\"default\">Students can contact&nbsp;<a href=\"mailto:spellman@uwm.edu\" target=\"_blank\" rel=\"noreferrer noopener\">Dr. G. Kevin Spellman<\/a>, CFA, 608-334-2110 to discuss pre-requisites and admission requirements. Students are also encouraged to gain experience by participating in the Student Investment Club. The first course in the IMCP is BUS ADM 550 during the fall semester, and the co-requisite for undergraduates is 450, admission to major, and a successful application process. The co-requisite for graduate students is 705 and a successful application process.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-year-1\">Year 1<\/h3>\n\n\n\n<p class=\"default\">During the first year, students write high-quality reports on stocks and pitch them to investors. They learn to analyze business drivers, model financial statements, and value securities. Business professionals have called their <a href=\"https:\/\/sites.uwm.edu\/spellman\/students-stock-research\/\" target=\"_blank\" rel=\"noreferrer noopener\">reports<\/a> \u201cimpressive.\u201d They also learn the professional analytical software available to them in the Nicholas Applied Finance Lab. Finally, they have training in portfolio management, which prepares them for their work on over $7 million in assets.<\/p>\n\n\n\n<h4 class=\"wp-block-heading default\" id=\"h-summer-internship-and-training\">Summer: Internship and Training<\/h4>\n\n\n\n<p class=\"default\">Students engage in professional internships and\/or projects. They also monitor the investment funds, which transition to them in May from the prior student teams. Students meet online in a non-credit portfolio management seminar where the funds are discussed and students analyze performance and risk.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-year-2\">Year 2<\/h3>\n\n\n\n<p class=\"default\">If not completed earlier, students have courses in portfolio management (Bus Adm 452\/772), derivatives (Bus Adm 454\/773), and financial modeling (Bus Adm 457\/853).<\/p>\n\n\n\n<p class=\"default\">Students devote substantial time to researching securities in their assigned sectors \/ countries and monitoring performance and risk. While enrolled in Bus Adm 553 and 554, students <a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/portfolio-management\/\">actively manage real-money portfolios<\/a>. Students meet regularly with the IMCP Advisory Council (the \u201cclient\u201d) to discuss each fund\u2019s investment approach, performance\/risk, sector and security positions, characteristics, portfolio evolution, current strategy, and a security to illustrate the approach.<\/p>\n\n\n\n<p class=\"default\">Students may also complete a project for a local business, such as a private business valuation, which is presented to management.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-job-placement\">Job Placement<\/h2>\n\n\n\n<p>Job placement for IMCP students is close to 100% within three months of graduation. We speak with you about job strategies in your first semester and throughout the program.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-competitions\">Competitions<\/h2>\n\n\n\n<p>Students compete in several inter-university competitions including but not limited to the ACG Cup (investment banking), CFA Competition (investments), CQA competition (investments), and the Duff &amp; Phelps Competition (investment banking).<\/p>\n<\/div>\n\n\n\n<div id=\"tab-z7e1-learn-by-doing\" class=\"uwm-p-tabcontent--pane\">\n<div class=\"uwm-l-row uwm-l-row--3\">\n<div class=\"uwm-l-col\">\n<figure class=\"uwm-u-mt-10\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-aerial-view-downtown-mke.jpg\" alt=\"Aerial view of downtown Milwaukee from Lake Michigan\" class=\"wp-image-19924\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-aerial-view-downtown-mke.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-aerial-view-downtown-mke-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-aerial-view-downtown-mke-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading uwm-c-link--dark size-h4 uwm-u-mt-20 uwm-u-mb-10\" id=\"h-wisconsin-30-index\"><a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/wisconsin-30-index\/\">Wisconsin 30 Index<\/a><\/h2>\n\n\n\n<p class=\"uwm-u-mt-0 default\">The Wisconsin 30 Index tracks the 30 largest Wisconsin companies by market cap, equal-weighted and annually rebalanced. Reports were created by students in UWM&#8217;s Lubar College of Business Investment Management Certificate Program.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-portfolio-management-investment-charts.jpg\" alt=\"Investment stats and line graphs\" class=\"wp-image-19925\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-portfolio-management-investment-charts.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-portfolio-management-investment-charts-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-portfolio-management-investment-charts-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading uwm-c-link--dark size-h4 uwm-u-mt-20 uwm-u-mb-10\" id=\"h-portfolio-management\"><a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/portfolio-management\/\">Portfolio Management<\/a><\/h2>\n\n\n\n<p class=\"uwm-u-mt-0\">Second-year students in the Investment Management Certificate Program manage around $6 million across three portfolios, developing investment policies, analyzing securities, and defending strategies to professional investors.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"uwm-l-row uwm-l-row--3\">\n<div class=\"uwm-l-col\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-partners-people-talking-together.jpg\" alt=\"Professionals having a collaborative discussion\" class=\"wp-image-19926\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-partners-people-talking-together.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-partners-people-talking-together-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-partners-people-talking-together-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading uwm-c-link--dark size-h4 uwm-u-mt-20 uwm-u-mb-10\" id=\"h-support-amp-advisory-council\"><a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/support-advisory-council\/\">Support &amp; Advisory Council<\/a><\/h2>\n\n\n\n<p class=\"uwm-u-mt-0\">The Investment Certificate Management Program benefits from strong support by investment professionals from Wisconsin and beyond, who serve as client evaluators for student presentations, guest speakers, and donors for facilities and programs.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-factset-software-screenshot.jpg\" alt=\"A financial terminal dashboard showing U.S. stock market indices with performance data, color-coded price changes, and two Russell 2000 line charts at the bottom.\" class=\"wp-image-19927\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-factset-software-screenshot.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-factset-software-screenshot-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-factset-software-screenshot-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading uwm-c-link--dark size-h4 uwm-u-mt-20 uwm-u-mb-10\" id=\"h-high-quality-investment-research-software-and-data\"><a aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-applied-finance-lab\" data-modal-content-id=\"uwm-modal-applied-finance-lab\" data-modal-prefix-class=\"uwm-p\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" class=\"uwm-p-modal--launch\">High-Quality Investment Research, Software, and Data<\/a><\/h2>\n\n\n\n<p class=\"uwm-u-mt-0\">The Nicholas Applied Finance Lab, made possible by a $2.5 million gift from finance graduate and Nicholas Company President David O. Nicholas, gives students hands-on access to the same professional-grade tools and data used by real-world money managers.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div id=\"tab-z7e1-outreach\" class=\"uwm-p-tabcontent--pane\">\n<div class=\"uwm-l-row uwm-l-row--3\">\n<div class=\"uwm-l-col\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-people-looking-at-charts-graphs.jpg\" alt=\"Business professionals reviewing charts and graphs on a table, with a laptop, calculator, and printed reports during a meeting.\" class=\"wp-image-19929\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-people-looking-at-charts-graphs.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-people-looking-at-charts-graphs-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-people-looking-at-charts-graphs-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading uwm-c-link--dark size-h4 uwm-u-mt-20 uwm-u-mb-10\" id=\"h-for-employers\"><a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/for-employers\/\">For Employers<\/a><\/h2>\n\n\n\n<p>The Lubar College of Business Investment Management Certificate Program (IMCP) is a CFA Institute University Recognized program that selects high-integrity students and prepares them for careers in investment management.<\/p>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-outreach-graduate-alumni.jpg\" alt=\"Silhouette of a person wearing a graduate cap with a gold background\" class=\"wp-image-19930\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-outreach-graduate-alumni.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-outreach-graduate-alumni-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-outreach-graduate-alumni-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading uwm-c-link--dark size-h4 uwm-u-mt-20 uwm-u-mb-10\" id=\"h-alumni\"><a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/alumni\/\">Alumni<\/a><\/h2>\n\n\n\n<p>IMCP alumni build lasting professional networks through their cohort bonds and ongoing program-sponsored events and webinars, going on to work across investment firms, major banks, research firms, corporations, and government organizations nationwide.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"uwm-l-row uwm-l-row--3\">\n<div class=\"uwm-l-col\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-outreach-stockmarket-screen.jpg\" alt=\"A stock market ticker screen displaying price changes and percentages in red and green numbers against a dark background.\" class=\"wp-image-19932\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-outreach-stockmarket-screen.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-outreach-stockmarket-screen-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-outreach-stockmarket-screen-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading uwm-c-link--dark size-h4 uwm-u-mt-20 uwm-u-mb-10\" id=\"h-defining-markets-conference\"><a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/defining-markets-conference\/\">Defining Markets Conference<\/a><\/h2>\n\n\n\n<p class=\"uwm-u-mt-0\">The IMCP organizes the Defining Markets Conferences each year for the community. The conference series focuses on major events shaping the economy, business, and markets, with the goal of helping attendees better position their portfolios and businesses.<\/p>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-macro-institute-book.jpg\" alt=\"The Macro Institute binder\" class=\"wp-image-19931\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-macro-institute-book.jpg 800w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-macro-institute-book-300x150.jpg 300w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-macro-institute-book-768x384.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading uwm-c-link--dark size-h4 uwm-u-mt-20 uwm-u-mb-10\" id=\"h-macro-specialist-designation\"><a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/macro-specialist-designation\/\">Macro Specialist Designation<\/a><\/h2>\n\n\n\n<p class=\"uwm-u-mt-0\">The Lubar College of Business is now offering the course <strong>Macro Specialist Designation<\/strong>, a course that will prepare you to take the Level 1 exam for the M\u00b2SD. The Lubar College is one of only three universities in the world teaching this course.&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div id=\"tab-z7e1-faculty\" class=\"uwm-p-tabcontent--pane\">\n<p>The Investment Management Certificate Program (IMCP) is headed by an investment industry veteran and benefits from outstanding faculty in finance, investments, and related areas. A supportive investment community and Lubar alumni enhance the classroom experience as guest speakers and program advisers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-director\">Director<\/h2>\n\n\n<div class=\"facetwp-template\"><div id=\"uwmpeople-container\" class=\"uwmpeople-grid\"><div id=\"uwmpeople-grid\" class=\"uwm-l-grid uwm-l-grid--1 uwm-u-mb-60\" aria-hidden=\"false\"><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/spellman-g-kevin\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Spellman-Kevin-0274web20-257x300.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"G. Kevin Spellman\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Spellman-Kevin-0274web20-257x300.jpg 257w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Spellman-Kevin-0274web20.jpg 300w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/spellman-g-kevin\/\">G. Kevin  Spellman<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Professor of Practice<\/strong>, <em>Finance<\/em><\/li><li><strong>David O. Nicholas Director<\/strong>, <em>Investment Management<\/em><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:spellman@uwm.edu\">spellman@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:6083342110\">608-334-2110<\/a><\/li><li class=\"people-location\">Lubar Hall S430F<\/li><\/ul><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"uwm-u-flex uwm-u-flex--wrap uwm-u-flex--left\">\n<button class=\"uwm-p-modal--launch uwm-c-button uwm-u-mr-20 uwm-u-mb-20\" aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-kevin-spellman\" data-modal-prefix-class=\"uwm-p\" data-modal-content-id=\"uwm-modal-kevin-spellman\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" rel=\"\">Kevin Spellman&#8217;s Biography<\/button>\n<\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading uwm-u-mt-0\" id=\"h-instructors\">Instructors<\/h2>\n\n\n\n<figure class=\"alignleft uwm-c-img--left\"><img decoding=\"async\" src=\"https:\/\/wwwdev.uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/02\/uwm-placeholder-125x145-1.jpg\" alt=\"Placeholder\" class=\"wp-image-19995\"\/><\/figure>\n\n\n\n<p class=\"default uwm-c-link--dark uwm-u-mb-0\"><strong><a aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-brian-pinsker\" data-modal-content-id=\"uwm-modal-brian-pinsker\" data-modal-prefix-class=\"uwm-p\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" class=\"uwm-p-modal--launch\">Brian Pinsker<\/a><\/strong><\/p>\n\n\n\n<p class=\"size-p-md uwm-u-mt-0\"><strong>Founder &amp; Portfolio Manager<\/strong>, <em>11:11 Capital<\/em><\/p>\n\n\n\n<p class=\"size-p-md uwm-c-link--dark\"><a href=\"mailto:pinsker@uwm.edu\">pinsker@uwm.edu<\/a><\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"alignleft uwm-c-img--left uwm-u-w-125--px\"><img decoding=\"async\" src=\"https:\/\/wwwdev.uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/02\/kevin-silverman.png\" alt=\"Kevin Silverman\" class=\"wp-image-20033\"\/><\/figure>\n\n\n\n<p class=\"uwm-c-link--dark uwm-u-my-0\"><strong><a aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-kevin-silverman\" data-modal-content-id=\"uwm-modal-kevin-silverman\" data-modal-prefix-class=\"uwm-p\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" class=\"uwm-p-modal--launch\">Kevin Silverman, CFA<\/a><\/strong><\/p>\n\n\n\n<p class=\"size-p-md uwm-u-mt-0\"><strong>Portfolio Manager<\/strong>, <em>Carmel Capital Partners<\/em><br><strong>Founder<\/strong>, <em>Madison Partners<\/em><\/p>\n\n\n\n<p class=\"size-p-md uwm-c-link--dark\"><a href=\"mailto:silvermk@uwm.edu\">silvermk@uwm.edu<\/a><\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"alignleft uwm-c-img--left\"><img decoding=\"async\" src=\"https:\/\/wwwdev.uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/02\/traci-graves.jpg\" alt=\"Traci Graves\" class=\"wp-image-20039\"\/><\/figure>\n\n\n\n<p class=\"uwm-u-my-0 uwm-c-link--dark\"><strong><a aria-haspopup=\"dialog\" aria-controls=\"uwm-modal-traci-graves\" data-modal-content-id=\"uwm-modal-traci-graves\" data-modal-prefix-class=\"uwm-p\" data-modal-close-text=\"Close\" data-modal-close-title=\"Close\" class=\"uwm-p-modal--launch\">Traci Graves<\/a><\/strong><\/p>\n\n\n\n<p class=\"size-p-md uwm-u-mt-0\"><strong>Administrative Professional<\/strong><\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-guest-speakers\">Guest Speakers<\/h2>\n\n\n\n<p>Guest speakers provide added depth to issues discussed in the applied curriculum, addressing a wide range of topics, including compliance, fixed income, the state of the industry, stock screening, trading and quantitative investments. Our strong roster of guest speakers has included: <a href=\"https:\/\/www.linkedin.com\/in\/anthonyjcampagna\/\">Anthony Campagna<\/a>, Global Director of Fundamental Research, ISS EVA; <a href=\"https:\/\/www.linkedin.com\/in\/lawrence-davanzo-20464b7\/\">Lawrence Davanzo<\/a>, retired President and Vice-Chairman of the Board, Wilshire Associates; Ian Elfe, Senior Investment Analyst, Robert W. Baird; and <a href=\"https:\/\/www.linkedin.com\/in\/jason-krueger-540b6221\/\">Jason Krueger<\/a>, Portfolio Oversight Analyst, Artisan Partners.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-all-finance-faculty\">All Finance Faculty<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"facetwp-template\"><div id=\"uwmpeople-container\" class=\"uwmpeople-grid\"><div id=\"uwmpeople-grid\" class=\"uwm-l-grid uwm-l-grid--1 uwm-u-mb-60\" aria-hidden=\"false\"><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/acuna-silva-carlos\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2025\/09\/Carlos-Acuna-6509-1-257x300.gif\" class=\"attachment-medium size-medium wp-post-image\" alt=\"Carlos Acuna\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/acuna-silva-carlos\/\">Carlos  Acuna Silva<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Assistant Professor<\/strong>, <em>Finance<\/em><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:acunasil@uwm.edu\">acunasil@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:4142518032\">414-251-8032<\/a><\/li><li class=\"people-location\">Lubar Hall S340D<\/li><\/ul><\/div><\/div><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"53, 37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/craig-lori\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2025\/03\/CraigLori0060-257x300.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"Lori Craig\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2025\/03\/CraigLori0060-257x300.jpg 257w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2025\/03\/CraigLori0060.jpg 300w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/craig-lori\/\">Lori  Craig<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Executive in Residence<\/strong>, <em>Finance<\/em><\/li><li><strong>Dream Exchange Director<\/strong><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:craigl@uwm.edu\">craigl@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:4142516545\">414-251-6545<\/a><\/li><li class=\"people-location\">Lubar Hall<\/li><\/ul><\/div><\/div><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/farrell-michael\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/09\/FarrellMichael1026web-257x300.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"michael farrell\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/09\/FarrellMichael1026web-257x300.jpg 257w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/09\/FarrellMichael1026web.jpg 300w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/farrell-michael\/\">Michael  Farrell<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Assistant Professor<\/strong>, <em>Finance<\/em><\/li><li><strong>V. Kanti Prasad Junior Faculty Scholar<\/strong><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:farrell1@uwm.edu\">farrell1@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:4142517372\">414-251-7372<\/a><\/li><li class=\"people-location\">Lubar Hall S430G<\/li><\/ul><\/div><\/div><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 67, 37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/floros-ioannis-yianni\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Floros-Yianni_0802web20-257x300.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"Yianni Floros\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Floros-Yianni_0802web20-257x300.jpg 257w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Floros-Yianni_0802web20.jpg 300w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/floros-ioannis-yianni\/\">Ioannis (Yianni)   Floros<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Hans G. Storr Associate Professor<\/strong>, <em>Finance<\/em><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:ivfloros@uwm.edu\">ivfloros@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:4142294369\">414-229-4369<\/a><\/li><li class=\"people-location\">Lubar Hall S430A<\/li><\/ul><\/div><\/div><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/hao-xiaoting\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Hao-Xiaoting9551web20-257x300.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"Xiaoting Hang\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Hao-Xiaoting9551web20-257x300.jpg 257w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Hao-Xiaoting9551web20.jpg 300w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/hao-xiaoting\/\">Xiaoting  Hao<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Teaching Faculty<\/strong>, <em>Finance<\/em><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:haox@uwm.edu\">haox@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:4142293662\">414-229-3662<\/a><\/li><li class=\"people-location\">Lubar Hall S418<\/li><\/ul><\/div><\/div><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/huck-john-r\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/HuckJohn473web20-257x300.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"John Huck\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/HuckJohn473web20-257x300.jpg 257w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/HuckJohn473web20.jpg 300w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/huck-john-r\/\">John R.  Huck<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Assistant Professor<\/strong>, <em>Finance<\/em><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:huck@uwm.edu\">huck@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:4142294775\">414-229-4775<\/a><\/li><li class=\"people-location\">Lubar Hall S436<\/li><\/ul><\/div><\/div><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 67, 37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/sertsios-giorgo\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/09\/SertsiosGiorgo0950web-257x300.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"giorgo sertsios\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/09\/SertsiosGiorgo0950web-257x300.jpg 257w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/09\/SertsiosGiorgo0950web.jpg 300w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/sertsios-giorgo\/\">Giorgo  Sertsios<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Sheldon B. Lubar Associate Professor of Finance<\/strong>, <em>Finance<\/em><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:sertsios@uwm.edu\">sertsios@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:4142518257\">414-251-8257<\/a><\/li><li class=\"people-location\">Lubar Hall S430C<\/li><\/ul><\/div><\/div><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 67, 37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/sibilkov-valeriy\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Sibilkov-Valeriy495web20-257x300.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"Valeriy Sibilkov\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Sibilkov-Valeriy495web20-257x300.jpg 257w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Sibilkov-Valeriy495web20.jpg 300w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/sibilkov-valeriy\/\">Valeriy  Sibilkov<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Associate Professor<\/strong>, <em>Finance<\/em><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:sibilkov@uwm.edu\">sibilkov@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:4142294369\">414-229-4369<\/a><\/li><li class=\"people-location\">Lubar Hall S430B<\/li><\/ul><\/div><\/div><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/spellman-g-kevin\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Spellman-Kevin-0274web20-257x300.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"G. Kevin Spellman\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Spellman-Kevin-0274web20-257x300.jpg 257w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2021\/06\/Spellman-Kevin-0274web20.jpg 300w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/spellman-g-kevin\/\">G. Kevin  Spellman<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Professor of Practice<\/strong>, <em>Finance<\/em><\/li><li><strong>David O. Nicholas Director<\/strong>, <em>Investment Management<\/em><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:spellman@uwm.edu\">spellman@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:6083342110\">608-334-2110<\/a><\/li><li class=\"people-location\">Lubar Hall S430F<\/li><\/ul><\/div><\/div><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/venne-chad\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2023\/08\/VenneChad_4311-257x300.jpg\" class=\"attachment-medium size-medium wp-post-image\" alt=\"Chad Venne\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2023\/08\/VenneChad_4311-257x300.jpg 257w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2023\/08\/VenneChad_4311.jpg 300w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/venne-chad\/\">Chad  Venne<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Teaching Professor<\/strong>, <em>Real Estate<\/em><\/li><li><strong>Director<\/strong>, <em>Real Estate Program<\/em><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:cmvenne@uwm.edu\">cmvenne@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:4142516654\">414-251-6654<\/a><\/li><li class=\"people-location\">Lubar Hall S461<\/li><\/ul><\/div><\/div><div class=\"uwmpeople-person uwm-l-grid uwm-u-mb-40\" data-catlist=\"37, 37, 57\"><div class=\"people-image\"><a href=\"https:\/\/uwm.edu\/business\/directory\/xu-jiadi\/\" aria-hidden=\"true\" tabindex=\"-1\"><img loading=\"lazy\" decoding=\"async\" width=\"257\" height=\"300\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2023\/08\/XuJiadi.gifweb-257x300.gif\" class=\"attachment-medium size-medium wp-post-image\" alt=\"Jiadi Xu\" \/><\/a><\/div><div class=\"people-info\"><div class=\"people-name\"><strong><a href=\"https:\/\/uwm.edu\/business\/directory\/xu-jiadi\/\">Jiadi  Xu<\/a><\/strong><\/div><div class=\"uwm-u-my-0\"><ul class=\"people-title-dept uwm-c-list--cleanlist\"><li><strong>Assistant Professor<\/strong>, <em>Finance<\/em><\/li><\/ul><\/div><ul class=\"people-contact uwm-c-list--cleanlist\"><li class=\"people-email\"><a href=\"mailto:jiadixu@uwm.edu\">jiadixu@uwm.edu<\/a><\/li><li class=\"people-phone\"><a href=\"tel:4142515871\">414-251-5871<\/a><\/li><li class=\"people-location\">Lubar Hall S430E<\/li><\/ul><\/div><\/div><\/div><\/div><\/div>\n<\/div>\n<\/div><\/div>\n\n<\/div>\n\n\n\n<div id=\"details-sidebar\" class=\"uwm-l-col uwm-l-col--4 uwm-l-offset--1\">\n            <nav aria-label=\"Section\" class=\"uwm-p-navigation-list uwm-p-navigation-list--gold-border uwm-u-mb-40\">\n                <div class=\"uwm-p-navigation-list--title\">\n                    <a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/\">Investment Management Certificate Program<\/a>                <\/div>\n                <ul>\n                                            \n                        <li class=\"\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/wisconsin-30-index\/\" >Wisconsin 30 Index<\/a>                        <\/li>\n                                                \n                        <li class=\"\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/wisconsin-30-index-outlook\/\" >Wisconsin 30 Index Outlook<\/a>                        <\/li>\n                                                \n                        <li class=\"\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/portfolio-management\/\" >Portfolio Management<\/a>                        <\/li>\n                                                \n                        <li class=\"\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/macro-specialist-designation\/\" >Macro Specialist Designation<\/a>                        <\/li>\n                                                \n                        <li class=\"\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/defining-markets-conference\/\" >Defining Markets Conference<\/a>                        <\/li>\n                                                \n                        <li class=\"\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/support-advisory-council\/\" >Support &amp; Advisory Council<\/a>                        <\/li>\n                                                \n                        <li class=\"\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/for-employers\/\" >For Employers<\/a>                        <\/li>\n                                                \n                        <li class=\"\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/alumni\/\" >Alumni<\/a>                        <\/li>\n                                        <\/ul>\n            <\/nav>\n        \n\n\n\n<div class=\"uwm-l-buttons--full\">\n<a class=\"uwm-c-button uwm-c-button--full uwm-u-mb-20\" href=\"https:\/\/catalog.uwm.edu\/business\/\" rel=\"\">Academic Catalog<\/a>\n<\/div>\n\n\n\n\n\n<div class=\"uwm-l-buttons--full\">\n<a class=\"uwm-c-button uwm-c-button--full uwm-u-mb-20\" href=\"https:\/\/catalog.uwm.edu\/course-search\/\" rel=\"\">Schedule of Classes<\/a>\n<\/div>\n\n\n\n    <button\n        data-modal-prefix-class=\"uwm-p\"\n        data-modal-content-id=\"uwm-modal-tqhpst\"\n        data-modal-title=\"\"\n        data-modal-close-text=\"Close\"\n        data-modal-close-title=\"Close\"\n        aria-haspopup=\"dialog\"\n        aria-controls=\"uwm-modal-tqhpst\"\n        class=\"uwm-p-modal--launch uwm-c-button uwm-c-button--full uwm-u-mb-20\"\n    >All Academic Resources<\/button>\n\n    \n\n<div id=\"uwm-modal-tqhpst\" class=\"hidden\"><div class=\"content_block\" id=\"custom_post_widget-17500\">\n<div class=\"uwm-l-row uwm-l-row--6\">\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list uwm-c-link--dark-no-underline uwm-c-list--cleanlist\">\n<li><a href=\"https:\/\/uwm.edu\/business\/students\/advising-graduate\/\">Academic Advising &#8211; Graduate <\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/uwm.edu\/business\/students\/advising-undergraduate\/\">Academic Advising &#8211; Undergraduate<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/catalog.uwm.edu\/programs\/#filter=.filter_45\">Academic Catalog<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/uwm.edu\/business\/academic-programs\/\">Academic Programs<\/a><\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"uwm-l-col uwm-u-border-desktop--left\">\n<ul class=\"wp-block-list uwm-c-link--dark-no-underline uwm-c-list--cleanlist\">\n<li><a href=\"https:\/\/uwm.edu\/business\/students\/career\/graduate-career-advising\/\">Career Advising &#8211; Graduate<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/uwm.edu\/business\/students\/career\/undergraduate-career-advising\/\">Career Advising &#8211; Undergraduate<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/uwm.edu\/business\/students\/future\/graduate\/\">Future Students &#8211; Graduate<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/uwm.edu\/business\/students\/future\/undergraduate\/\">Future Students &#8211; Undergraduate<\/a><\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"uwm-l-col uwm-u-border-desktop--left\">\n<ul class=\"wp-block-list uwm-c-link--dark-no-underline uwm-c-list--cleanlist\">\n<li><a href=\"https:\/\/uwm.edu\/business-undergrad-advising\/\">MyLubar Advising Resources &#8211; Undergraduate<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/uwm.edu\/business-graduate-advising\/\">MyLubar Advising Resources &#8211; Graduate<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/uwm.edu\/business\/students\/future\/transfer\/\">Transfer Students<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/uwm.edu\/business\/students\/current\/undergraduate\/tutoring\/\" data-type=\"link\" data-id=\"https:\/\/uwm.edu\/business\/students\/current\/undergraduate\/tutoring\/\">Tutoring Center<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n<\/div>\n<\/div>\n\n\n\n\n\n\n    <div class=\"uwm-p-card uwm-p-card--color-head uwm-u-mt-40\">\n        <div class=\"uwm-p-card--title\">Contact<\/div>\n        <div class=\"uwm-p-card--body\">\n            <div class=\"uwm-p-card--content\">\n                <strong>Dr. G. Kevin Spellman, CFA<br><\/strong>David O. Nicholas Director of Investment Management<br>Professor of Practice, Finance<br>Lubar Hall S442<br><a href=\"http:\/\/+tel:16083342110\">608-334-2110<\/a><br><a href=\"mailto:spellman@uwm.edu\">spellman@uwm.edu<\/a>            <\/div>\n        <\/div>\n    <\/div>\n\n\n<\/div>\n<\/div>\n\n    <\/div>\n<\/section>\n\n\n\n\n\n<div id=\"uwm-modal-request-information\" class=\"hidden\">\n<h2 class=\"wp-block-heading\" id=\"h-request-information\">Request Information<\/h2>\n\n\n\n<p>For more information about this program, please reach out directly to the program director, Kevin Spellman.<\/p>\n\n\n\n<p><strong>Dr. G. Kevin Spellman, CFA<br><\/strong>David O. Nicholas Director of Investment Management<br>Professor of Practice, Finance<br>Lubar Hall S442<br><a href=\"http:\/\/+tel:16083342110\">608-334-2110<\/a><br><a href=\"mailto:spellman@uwm.edu\">spellman@uwm.edu<\/a><\/p>\n<\/div>\n\n\n\n<div id=\"uwm-modal-internships-careers\" class=\"hidden\">\n<h2 class=\"wp-block-heading\" id=\"h-internships-amp-careers-0\">Internships &amp; Careers<\/h2>\n\n\n\n<p>The summer between the first and second years of the program is the ideal time for students to<strong> engage in professional internships and\/or projects in investments, financial analysis, financial planning, and other investment- and corporate-related roles.<\/strong> The program will help to facilitate connections and prepare students for the rigorous interview process with 100% placement into experience building internships.<\/p>\n\n\n\n<p>IMCP graduates will have a <strong>substantial competitive edge<\/strong> in pursuing careers post-graduation as:<\/p>\n\n\n\n<div class=\"uwm-l-row\">\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>investment analysts<\/li>\n\n\n\n<li>financial analysts<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>investment advisors<\/li>\n\n\n\n<li>investment bankers<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>credit analysts<\/li>\n\n\n\n<li>and other roles in finance. <\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<p>Our alumni work in:<\/p>\n\n\n\n<div class=\"uwm-l-row\">\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>investment firms<\/li>\n\n\n\n<li>major banks<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>corporations<\/li>\n\n\n\n<li>research firms<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>and government organizations around the country.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<p>Each year, many firms hire from the IMCP. Some are local, others national, some international, and some local with a national or international presence. Large firms such as Baird, Northwestern Mutual, and Wells Fargo hire IMCP graduates most years. Alumni also hold positions with top-ranked, sell-side analysts (including <em>Institutional Investor Magazine <\/em>Hall of Fame investment strategist Francois Trahan), and have gone to firms such as Goldman Sachs, UBS, and Citigroup. These are all great organizations, but so are other firms and smaller organizations where you may have much opportunity to learn a more diversified set of skills and perhaps make an even larger impact.<\/p>\n<\/div>\n\n\n\n<div id=\"uwm-modal-applied-finance-lab\" class=\"hidden\">\n<h2 class=\"wp-block-heading\" id=\"h-david-o-nicholas-applied-finance-lab-0\">David O. Nicholas Applied Finance Lab<\/h2>\n\n\n\n<p>The Nicholas Applied Finance Lab (established through a generous $2.5 million gift from David O. Nicholas, President of Nicholas Company, who is a 1987 graduate of the Lubar College\u2019s graduate program in finance) gives students hands-on access to leading-edge analytical software, research and data \u2014 the same tools that professional money managers use.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-analytical-resources-include\">Analytical Resources include:<\/h3>\n\n\n\n<div class=\"uwm-l-row\">\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>Axioma<\/li>\n\n\n\n<li>Bloomberg<\/li>\n\n\n\n<li>FactSet<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>Interactive Brokers<\/li>\n\n\n\n<li>Northfield<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>think-cell<\/li>\n\n\n\n<li>UBS HOLT LENS<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-research-resources-include\">Research Resources include:<\/h3>\n\n\n\n<div class=\"uwm-l-row\">\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>Bank Credit Analyst<\/li>\n\n\n\n<li>Cornerstone Macro<\/li>\n\n\n\n<li>CreditSights<\/li>\n\n\n\n<li>Evercore International Strategy &amp; Investment Group<\/li>\n\n\n\n<li>Fundamental Research Corp.<\/li>\n\n\n\n<li>JP Morgan<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>The Leuthold Group<\/li>\n\n\n\n<li>Merrill Lynch<\/li>\n\n\n\n<li>Morgan Stanley<\/li>\n\n\n\n<li>Morningstar<\/li>\n\n\n\n<li>Robert W. Baird<\/li>\n\n\n\n<li>Sidoti &amp; Company<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<ul class=\"wp-block-list\">\n<li>Standard &amp; Poor\u2019s<\/li>\n\n\n\n<li>Stifel Nicolaus<\/li>\n\n\n\n<li>Topdown Charts<\/li>\n\n\n\n<li>Trahan Macro Research<\/li>\n\n\n\n<li>UBS<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-data-provided-by\">Data provided by:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>FTSE Russell <\/li>\n\n\n\n<li>Standard &amp; Poor\u2019s<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div id=\"uwm-modal-portfolios\" class=\"hidden\">\n<h2 class=\"wp-block-heading\" id=\"h-12-million-in-portfolios-0\">$12 Million in Portfolios<\/h2>\n\n\n\n<p>IMCP students <em><strong>work on portfolios of around $12 million<\/strong><\/em> in assets and form three teams to manage internal funds. Our students have sole discretion for the internally managed portfolios, subject to \u201cdoing their homework\u201d on securities and following an investment policy and portfolio construction specifics. <em>They hold multiple meetings each year with a group of professional investors who represent a sophisticated \u201cclient.\u201d<\/em> At these client meetings, each portfolio team presents its philosophy and process, investment strategy, portfolio performance and risk, portfolio evolution, and on a security which reflect its approach to investing.<\/p>\n<\/div>\n\n\n\n<div id=\"uwm-modal-professional-connections\" class=\"hidden\">\n<h2 class=\"wp-block-heading\" id=\"h-professional-connections-0\">Professional Connections<\/h2>\n\n\n\n<p>Students <strong>meet regularly with investment professionals<\/strong> during and outside of class for discussion of the funds, markets, and other topics. Many dozens of top investment professionals generously commit their time each year as mentors, guest speakers, IMCP Advisory Council members, corporate visit hosts, business project providers, and in other capacities. Students also have access to the <strong>IMCP alumni network<\/strong>, which holds an annual Milwaukee Brewers tailgate event.<\/p>\n<\/div>\n\n\n\n<div id=\"uwm-modal-investment-trip\" class=\"hidden\">\n<div class=\"uwm-l-row uwm-l-row--4\">\n<div class=\"uwm-l-col\">\n<h2 class=\"wp-block-heading\" id=\"h-investment-trip-0\">Investment Trip<\/h2>\n\n\n\n<p>There is nothing equivalent to learning about investments from investment professionals at their offices in some of the top financial centers \u2014 including Chicago, New York, and London. <strong>The IMCP\u2019s Chicago trip<\/strong> allows students to meet with investors before they engage in new portfolio management activities in the fall. <\/p>\n\n\n\n<p>Over Spring Break, we travel to <strong>New York City<\/strong> to meet with investment professionals at close to a dozen firms. Some classes attend Berkshire Hathaway\u2019s annual meeting. And, of course, we tour the floor of the <strong>New York Stock Exchange<\/strong> and visit the famous charging bull on Wall Street! IMCP students also have the opportunity to <strong>travel to London<\/strong> to meet with investment managers.<\/p>\n<\/div>\n\n\n\n<div class=\"uwm-l-col\">\n<figure class=\"uwm-c-img--caption-gray\"><img loading=\"lazy\" decoding=\"async\" width=\"536\" height=\"356\" src=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-new-york-investment-trip-bull-statue.jpg\" alt=\"UWM Students outside of the New York Stock Exchange with the famous Wall Street Bull Statue.\" class=\"wp-image-19933\" srcset=\"https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-new-york-investment-trip-bull-statue.jpg 536w, https:\/\/uwm.edu\/business\/wp-content\/uploads\/sites\/554\/2026\/04\/imcp-new-york-investment-trip-bull-statue-300x199.jpg 300w\" sizes=\"auto, (max-width: 536px) 100vw, 536px\" \/><figcaption>&#8220;A highlight of my experience was our recent trip to New York and London, where we visited 14 different companies including Balyasny Asset Management, Left Lane Capital, Blackrock, and JP Morgan. Some of my favorite visits were those we did in London, as I haven\u2019t had much exposure to international firms. We also took in some more historic sites like the New York Stock Exchange, the United Nations, Buckingham Palace, and London Bridge.&#8221; \u2014 Jackson Roh, on the program&#8217;s trip to New York and London.<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div id=\"uwm-modal-scholarships\" class=\"hidden\">\n<h2 class=\"wp-block-heading\" id=\"h-scholarships-0\">Scholarships<\/h2>\n\n\n\n<p>Scholarships are available to IMCP students to support tuition and IMCP-related travel expenses, and for CFA examination fees. Every student who has applied for a scholarship has received one.<\/p>\n<\/div>\n\n\n\n<div id=\"uwm-modal-brian-pinsker\" class=\"hidden\">\n<h2 class=\"wp-block-heading\" id=\"h-brian-pinsker\">Brian Pinsker<\/h2>\n\n\n\n<p>Founder and portfolio manager at 11:11 Capital in partnership with Millennium.&nbsp;Executive in Residence at University of Wisconsin Milwaukee, and teaches Company Stock Analysis.<\/p>\n\n\n\n<p>Beforehand, Brian, headed up JP Morgan\u2019s North American equity prop trading desk and over his time at the firm he was JP Morgan\u2019s most profitable trader globally.<\/p>\n\n\n\n<p>Prior, he was the first portfolio manager hired by Viking Global, where he founded Vikings healthcare investing initiatives. Pinsker started as an investment banker at Baird and then moved to the sell-side at Vector (small Chicago firm) before becoming an analyst at Putnam and Moore Capital.<\/p>\n\n\n\n<p>BS from UW-Madison and MBA from Yale University<\/p>\n<\/div>\n\n\n\n<div id=\"uwm-modal-kevin-silverman\" class=\"hidden\">\n<h2 class=\"wp-block-heading\" id=\"h-kevin-silverman-cfa\">Kevin Silverman, CFA<\/h2>\n\n\n\n<p>Currently Portfolio Manager at Carmel Capital Partners, a wealth manager, Founder of Madison Partners, an investment research firm, and Executive in Residence at the University of Wisconsin\u2013Milwaukee teaching Applied Portfolio Management.<\/p>\n\n\n\n<p>Kevin has over two decades of experience as a small-cap value equity manager, earning three PSN\/Informa Manager of the Decade awards for the 10-year periods ended 2020, 2021 and 2022.<\/p>\n\n\n\n<p>Prior experience includes a decade as CIO at a Sterling Partners subsidiary, SPEA, and family office Third River Capital, and founder of Falcon Capital Management, managing a 40-Act fund.<\/p>\n\n\n\n<p>Kevin established his career on the equity team at Harris Associates\/Oakmark and spent 15 years as an equity sell-side analyst at Kemper Securities and ABN Amro, later serving as an industrial\/consumer analyst on a 5-star $5 billion ABN Quality Growth Fund.<\/p>\n\n\n\n<p>MS-Finance ASAP UW-Madison, BBA-Finance &amp; Marketing UW-Madison.<\/p>\n<\/div>\n\n\n\n<div id=\"uwm-modal-traci-graves\" class=\"hidden\">\n<h2 class=\"wp-block-heading\" id=\"h-traci-graves\">Traci Graves<\/h2>\n\n\n\n<p>Traci is a retired administrative professional with over 30 years of experience supporting investment teams at The State Teachers Retirement System of Ohio, one of the largest pension funds in the US. Throughout her career, she provided critical administrative support across multiple asset classes.<\/p>\n\n\n\n<p>Earlier in her career, Traci built a strong foundation through roles with a temporary agency, gaining diverse experience across a range of industries and corporate environments.<\/p>\n\n\n\n<p>In retirement, Traci continues to apply her expertise by supporting the Director of the Investment Management Certificate Program at the University of Wisconsin\u2013Milwaukee. She remains passionate about contributing her organizational skills and experience to meaningful work.<\/p>\n<\/div>\n\n\n\n<div id=\"uwm-modal-kevin-spellman\" class=\"hidden\">\n<h2 class=\"wp-block-heading\" id=\"h-kevin-spellman\">Kevin Spellman<\/h2>\n\n\n\n<p>Dr. Kevin Spellman, CFA, aka \u201cCoach.\u201d &nbsp;He\u2019s the David O. Nicholas Director of Investment Management and Professor of Practice at Lubar College of Business at University of Wisconsin-Milwaukee and is a periodic adjunct professor at IE Business School in Madrid. He\u2019s also Equity Portfolio Manager at Dana Investment Advisors.<\/p>\n\n\n\n<p>Coach is a coach for investments. He\u2019s a \u201cpracademic\u201d with professional and academic experience.<\/p>\n\n\n\n<p>He has about 30 years of investment experience at mutual funds, a pension fund, and on Wall Street as an analyst, portfolio manager, director of research, macro strategist, and advisor\/consultant. Some of his past firms include Institutional Shareholder Services, State Teachers Retirement System of Ohio, CUNA Mutual, and ISI Group. His expertise is in asset pricing, portfolio management, investment strategy, and quantitative investments.<\/p>\n\n\n\n<p>He\u2019s been teaching for over 20 years and across most aspects of finance, some accounting, and economics. He\u2019s directed rigorous investment programs at University of Wisconsin-Milwaukee, University of Wisconsin-Madison, and has been involved with investment programs\/tracks\/classes at IE Business School, The Ohio State University, and University of Wisconsin-La Crosse. He\u2019s won teaching awards every period he\u2019s been eligible for well over a decade.<\/p>\n\n\n\n<p>He has a PhD in Finance and Accounting (field of study is behavioral finance) from Durham University in England, a MS in Finance, Investment and Banking (Applied Security Analysis Program) from University of Wisconsin-Madison, a BS in Finance from UW-La Crosse, and he is a CFA charterholder.&nbsp;<\/p>\n<\/div>\n\n\n\t<\/div>\n<\/div>\n\n\n","protected":false},"author":19861,"parent":0,"template":"","meta":{"_uwm_academics_program_template":"page","_uwm_academics_program_navigation":[{"id":19965,"label":"Wisconsin 30 Index","url":"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/wisconsin-30-index\/","target":"","rel":"","custom":false,"className":""},{"id":19969,"label":"Wisconsin 30 Index Outlook","url":"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/wisconsin-30-index-outlook\/","target":"","rel":"","custom":false,"className":""},{"id":19972,"label":"Portfolio Management","url":"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/portfolio-management\/","target":"","rel":"","custom":false,"className":""},{"id":19975,"label":"Macro Specialist Designation","url":"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/macro-specialist-designation\/","target":"","rel":"","custom":false,"className":""},{"id":19978,"label":"Defining Markets Conference","url":"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/defining-markets-conference\/","target":"","rel":"","custom":false,"className":""},{"id":19981,"label":"Support &amp; Advisory Council","url":"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/support-advisory-council\/","target":"","rel":"","custom":false,"className":""},{"id":19985,"label":"For Employers","url":"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/for-employers\/","target":"","rel":"","custom":false,"className":""},{"id":19988,"label":"Alumni","url":"https:\/\/uwm.edu\/business\/academic-programs\/investment-management-certificate-program\/alumni\/","target":"","rel":"","custom":false,"className":""}],"uwm_academics_program_card_image_id":0,"uwm_academics_program_banner_image_id":1456,"uwm_academics_program_sort_title":"","uwm_academics_program_external_url":"","uwm_academics_program_jump_details_btn":true,"_uwm_academics_program_exclude_from_programs_archive_page":true,"_uwm_academics_program_exclude_from_programs_block":true,"_uwm_academics_program_exclude_from_department_page":true,"footnotes":"","uwm_wg_additional_authors":[]},"program_group":[],"program_tag":[],"program_type":[24,23],"program_format":[15],"program_department":[],"class_list":["post-19946","program","type-program","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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