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Purpose

The purpose of this paper is to understand the differences present in student-managed investment funds (SMIF).

Design/methodology/approach

The paper uses primary data collected by survey and interviews.

Findings

The findings of this paper suggest that research efforts need to be focused on the topical area and transparency in the field needs to be improved.

Research limitations/implications

Past research is validated and future research is needed.

Practical implications

The need to develop and disseminate best practices in the management of SMIF’s.

Social implications

Student-managed funds are widespread and growing but operate as independent entities.

Originality/value

The paper is original and based on primary research.

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