Purpose

In recent years, student-managed investment funds (SMIFs), experiential learning programs at an increasing number of universities, have attracted significant scholarly interest. In this article, we review the academic literature on this pedagogy.

Design/methodology/approach

We use the systematic review method to assess a sample of 85 articles published in 30 journals during the period 1975 to 2020.

Findings

Our literature review reveals four streams of research: best practices and challenges, investment management, innovation and trends and SMIFs in a research setting. We also propose future research directions, including specific gaps in the literature, a focus on innovations to traditional programs, systematic investment performance and expansion into behavioral finance issues.

Originality/value

We contribute a comprehensive view of the body of scholarship on SMIFs, identifying existing streams of research and future research directions that will help guide the development of SMIF research into a cohesive and productive space.

中文翻译：

---

学生管理的投资基金：审查和研究议程

目的

近年来，学生管理的投资基金 (SMIF) 是越来越多大学的体验式学习项目，引起了学术界的浓厚兴趣。在本文中，我们回顾了有关这种教学法的学术文献。

设计/方法/方法

我们使用系统评价方法来评估 1975 年至 2020 年期间在 30 种期刊上发表的 85 篇文章的样本。

发现

我们的文献综述揭示了四个研究方向：最佳实践和挑战、投资管理、创新和趋势以及研究环境中的 SMIF。我们还提出了未来的研究方向，包括文献中的具体差距、对传统项目的创新、系统性投资绩效和行为金融问题的扩展。

原创性/价值

我们对 SMIF 的学术体系提供了全面的观点，确定了现有的研究流和未来的研究方向，这将有助于指导 SMIF 研究发展成为一个有凝聚力和富有成效的空间。