Summer Program for High School Students • Summer 2024
Thank you for your interest in our Investments, Financial Planning and You summer program. The application window for IFPY 2023 has closed. Please check back in the Winter for information pertaining to IFPY 2024!
High school students who are exceptionally driven and want to learn all there is to know about investing and financial planning should enroll in our week-long summer program. Case studies, group projects, online simulations, and student presentations are used in conjunction with industry experts and renowned instructors from the University of California, Irvine's Paul Merage School of Business to create a distinctive learning environment. Each student develops a personal wealth management plan as the program's capstone project, opening the door to a long-term strategy for financial success.
Challenge yourself with creating the "My Wealth Management Strategy," a unique financial plan case study.
Present your findings to your instructors and colleagues.
Learn about the ideas behind wealth development through macroeconomics and the international financial system.
Gain knowledge of stock, bond, mutual fund, and ETF analysis and evaluation.
Create ideal investing portfolios and perform back testing.
"IFPY has been a critical part of my journey in figuring out my career path. I'm currently a first year student at Williams College (Williamstown, MA) as a prospective economics major. I attended the IPFY program in the summer of 2017 and got the Bloomberg Market Concepts certification during my time with the UCI CIWM program. I cannot emphasize how profound this program was in helping me grow as an individual along with providing me a life-changing introduction to the financial services realm and finance/economics in general.
I took concepts that I learned at IFPY and held financial literary workshops for underserved elementary and middle schoolers back in Orange County. During my senior year, I worked as a real estate intern with Keller Williams Costa Mesa and I'm finishing the licensing process. Also, I was a winter analyst in institutional endowment management with the Williams College Investment Office, a new realm of the financial industry for me.
I attribute where I am now to my enrollment in the IFPY program. The final wealth management strategy case study presentation we did was a stepping stone to the work I do now as a strategist for our college's Alhambra Consulting Group. It's also a place where I amplified my circle of competence in the realm of presenting financial related material. I just finished my final presentation to the Investment Office about the state of the real estate and hotels market with a focus on REITS + other vehicles of investing. The IFPY program confirmed my interest in this realm of economics and finance and I couldn't be more thankful for the soft and hard skills I developed in just one week."
- Tiffany Chhuor Williams College, Class of 2022
Week 1: June 12, 2023 - June 16, 2023 (in-person)
Week 2: July 24, 2023 - July 28, 2023 (in-person)
Power of Compounding
Real Estate and Mortgages
U.S. Tax System & Impact on Wealth Creation
The Macroeconomy and Financial Markets
U.S. Financial Markets
Investment Vehicles (stocks, corporate bonds, municipal bonds, ETFs, mutual funds)
How to Pick Stocks (valuations & fundamental analysis)
Stock Portfolio Creation on Morningstar.com
Alternative Investment Vehicles
Investment Vehicles Continued
Back Testing of Portfolio on Morningstar.com
Fundamental & Technical Analysis
Use of Charles Schwab Trading & Technology Lab
Fixed Income & Bond Math
Personal Financial Planning: Net Worth, Budgeting, Banking, Credit, Credit Score and Social Security
Career Choices in the Financial Industry
Work on Capstone Case Study: My Wealth Management Strategy
Finalize Capstone Case Study: My Wealth Management Strategy
My Wealth Management Strategy Presentations (parents invited)
Certificate Presentation and Reception
*This is an example schedule for context, it is not the actual schedule for IFPY 2023. The IFPY 2023 schedule will be sent to admitted program participants at a later date.
Chris Schwarz, PhD Finance Professor at The Paul Merage School of Business Faculty Director, Center for Investment and Wealth Management
Professor Christopher Schwarz joins the faculty of the UCI Paul Merage School of Business in the area of Finance and will assume a leadership position in the school’s Center for Investment and Wealth Management as Faculty Director.
Schwarz’s research interests include the management, disclosure, and operational risk of the investment fund industry and the impact of manager incentives and structure on investment fund performance. His research has been published in such leading academic journals as the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, and the Journal of Financial and Quantitative Analysis and included in testimony before the U.S. Congress House Financial Services Committee.
Feroz Ansari is a Senior Principal and Portfolio Manager. He is a CFP® (Certified Financial Planner™) certificant. He holds an MIM (Masters of International Management) degree from ASU - Thunderbird, Graduate School of International Management, Arizona, and an MBA from the Institute of Business Administration, Karachi, Pakistan. He has completed risk management, trading, portfolio management, leadership and financial management programs at The Oxford University in England, INSEAD in France, Citibank Training Center-Singapore, Euromoney in New York and Emirates Bank Training Center in Dubai. Feroz Ansari published a research paper dealing with dual exchange rate mechanisms and has conducted training programs for treasury management and foreign exchange.
Prior to joining Compak, Feroz worked in banking and treasury management. He held positions at Banque Indosuez, Faysal Bank and Emirates Bank International. Feroz has over 22 years of experience in banking, treasury management, asset allocation and asset management. He started his career in 1993 as a Treasury Associate at Banque Indosuez and held the Position of Treasurer, Head of Treasury & Corporate Banking and Deputy General Manager at Emirates Bank.
Steven L. Gill, PhD Associate Professor, Charles W. Lamden School of Accountancy
Steven Gill is an Associate Professor in the Charles W. Lamden School of Accountancy. He received a BS in Accounting from the University of Florida (Gainesville, FL) a MS in Taxation from Northeastern University (Boston, MA) and a Ph.D., Accounting (University of Massachusetts 2007). Prior to entering academia, Professor Gill worked twelve years in the field of accounting including roles in public accounting, internal audit, corporate accounting and ultimately, vice president of finance.
Professor Gill’s research interests include a concentration in taxation including mutual funds and college savings (“529”) plans and wider interests in corporate internal control structure and weaknesses, management overconfidence and earnings quality. Professor Gill has taught at both the undergraduate and graduate levels and his teaching interests include taxation and financial accounting.
Glenn Hamburger, CFP® Senior Vice President, Bank of the West, Orange County
Mr. Glenn Hamburger has been Senior Vice President of Wealth Management Group - Orange County at Bank of the West since February 2016. Mr. Hamburger has more than 25 years of experience as a wealth management executive. He served as Senior Vice President of Private Client Services at City National Bank since August 2010. He served as Group Manager for Comerica Bank's Wealth Management Group, where he was responsible for three private banking offices. Before joining Comerica, he served as a Banking Manager at Union Bank. He has a Bachelor's Degree from the University of California at Santa Barbara and a Masters of Business Administration from California State University at Long Beach. Glenn is also involved in several community activities which include the Corporate Partnership Committee with Children’s Hospital of Orange County, Junior Achievement, and March of Dimes.