How to Apply
Participation in Torch requires the permission of faculty serving as Torch Fund program director. The selection process is highly competitive.
If deemed qualified, applicants are contacted to schedule a formal interview.
Applicants must provide:
- Letter of Interest
- Resume
- Unofficial Transcript
Undergraduate Students
New managers are selected for both fall and spring semesters. All student managers serve two consecutive semesters, and candidates who are selected in a given semester, begin at the start of the next semester. At any point during the semester, undergraduates may apply for a position within Torch to begin their tenure at the start of the subsequent semester. Applying as early as possible is highly recommended to improve the likelihood of receiving an offer to join. Students may apply while still enrolled in prerequisite courses, any offers received are conditional on completing minimum requirements.
The minimum requirements include:
- GPA of 3.0 in all upper-division business courses
- B+ in Foundations of Finance (FINC306/307/308)
- B+ in Financial Statement Analysis (FINC420/428)
Note that these are minimum requirements. Typically GPA and prerequisite course grades are substantially higher for successful applicants.
Students must be majoring in finance, or have finance as their concentration or collateral, with first priority given to finance majors. No prior investment experience is required. Scholarship opportunities associated with Torch (e.g., funding travel or outside training programs) is exclusively available to finance majors.
Graduate Students
New managers are selected each fall semester. Selected candidates begin active management at the start of the spring semester but are welcomed and encouraged to attend team meetings upon selection (i.e., before they are responsible for active management).
Applying early is strongly advised to increase your chances of receiving an offer. No prior investment experience is required. In addition to the required application materials (i.e., letter of interest, resume and unofficial transcript), a one-page discussion of previous academic and work background is also required.
Scholarship opportunities associated with Torch Fund (e.g., funding travel or outside training programs) are exclusively available to MBA students with a finance concentration.
