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Student Selection Process

The student selection process has evolved based on the following criteria: consistency with Ram Fund objectives, professional protocol and fairness to the students. Ram Fund members have a strong fiduciary responsibility and are involved in the process of managing URI Alumni Association funds. As such, this selection process aims to select students with exceptional talent and integrity. Adherence to the procedure below is critical to ensure fair treatment of all students.

Application Process

Prerequisites:

1. Student of URI College of Business.
2. Completion of FIN 301 and FIN 322. FIN 331 and FIN 425 are recommended.
3. Minimum overall GPA of 2.5.
4. Minimum GPA in major of 3.0. This criterion is subject to change based on the candidate pool. When changed, it will be applied consistently to all candidates.
5. Faculty recommendation desirable.
6. The application deadline must be met.

Selection procedure:

1. Each semester the College of Business Administration Finance faculty will announce in classes that application are being accepted for the Ram Fund. There will also be notices posted on the Finance notice board and in the Business School Building
2. Qualified students will be encouraged to fill out an application form. Additional application are available from the Finance Area Secretary, or on the web. All information provided is completely confidential and will not be used for any purpose other than selecting Ram Fund members.
3. Applications must be returned before the deadline to the 3rd floor reception at the College of Business Adminstration, Ballantine Hall.
4. The Ram Fund Advisor will review the application for eligibility. Ineligible students will be notified in a timely fasion from the application deadline.
5. Eligible applicants may be furnished with instructions for a financial-data research worksheet and will be notified in a timely fashion from the submission deadline as to their status.
6. The Selection Committee will review the eligible applicants and if necessary include questions concerning the applicant's academic performance, personal essay, and/or resume.
7. The Selection Committee is comprised of the Ram Fund Advisors, the Dean of the College of Business Administration, other College of Business Administration faculty, one or several members of the URI Alumni Association

Openings in the Ram Fund are limited. Those who are not selected for the Ram Fund are encouraged to reapply the following semester. In addition, one way to gain experience and exposure to the Ram Fund is by becoming a volunteer analyst. Some roles a volunteer analyst might undertake would include company or industry sector analysis or contribute to proposals and recommendations placed before the Fund as potential investments. Finally, while volunteer analysts are not graded and do not receive presentation credit, they are afforded a flexible time schedule, get hands-on experience and, most importantly, become recognized and exhibit why they would be worthy candidates for the Ram Fund.