Total Impact Portfolio Challenge (TIPC)
Aspiring wealth managers and investment advisors: Build on classroom fundamentals and learn more about Environmental, Social and Governance (ESG) investing.
The Total Impact Portfolio Challenge (TIPC) is an annual competition to equip students with the knowledge, skills, and experience to design and execute investment portfolios that maximize impact across asset classes and the risk-return spectrum.
As a Challenge participant, you will work with your team of fellow graduate students from your university to construct an ideal portfolio for an ESG-conscious investor—and compete for the opportunity to pitch your presentation to industry professionals.
You will have access to cutting-edge products in the impact investing market and will put your skills to the test to meet a client’s impact and financial goals.
Who is eligible to participate?
The challenge is open to teams of graduate students currently enrolled in US universities.
A team can have a minimum of 3 and a maximum of 5 members, all of whom must be enrolled in a full-time graduate program at the time of the submission. The team members can be from different school years across graduate schools of the same university. We encourage students to form teams drawn from different graduate programs to ensure a balanced mix of expertise and skill sets. Teams cannot include PhD students or students enrolled in executive programs.
A degree or background in finance is not a necessary requirement to participate in TIPC. However, an understanding and interest in the modalities of how capital can be better aligned to social impact is crucial. The Challenge is designed to marry the rigor of investment management to high, positive impact. Philanthropic and development institutions are increasingly partnering with the “mainstream” private capital markets to find innovative and sustainable financial solutions to the world’s most pressing challenges. This Challenge is for constituents of both worlds.
What are the steps involved to compete?
Step 1: Form a Team and Submit an Application
Form a team of 3-5 graduate students at your university to work together to construct your portfolio.
Step 2: Accept Invitation to Online Learning Management System (Canvas)
If you are accepted into the TIPC program, you will be invited to join Canvas, our online TIPC platform. Canvas will provide resources to help guide your TIPC experience. This includes informational videos, webinars, school resources, and access to various data sets. Live webinar sessions with industry leaders will also be conducted throughout the year, and participating teams are expected to attend at least one webinar session.
Step 3: Create the First Draft of Your Portfolio Recommendation
Once you are invited to join the program, you will receive a detailed institutional investor profile. You will need to respond with your strategy for allocating their assets, in line with their risk profiles, returns expectations, and their specific issue areas and values. You will be provided with resources and tools to help you look for investment opportunities across asset classes.
Step 4: Refine and Report Your Portfolio
Use your chosen tools and metrics to measure and report the financial and ESG performance of your portfolio. Teams will also have the opportunity to request to work with an industry coach who can help refine your asset allocation strategy. Students are welcome to develop their proprietary tools to supplement existing industry tools and frameworks.
Step 5: Submit for Judging
Submit your final portfolio and your rationale narrative for review by expert judges. Teams will be evaluated on their execution capabilities across asset classes and across targeted impact areas and on their ability to capture and communicate the projected financial and social outcomes.
The Challenge is designed to encourage students to transit portfolios to a greater degree of sustainable investing. We want students to be creative in choosing different frameworks to report the ESG impact of their portfolios.
Step 6: Join Us for the Finals
Up to four finalist teams will be selected to present their portfolios and their selection rationale to a group of expert judges in April 2023.
More details will be provided in the coming months.
What are the application deadlines/submission instructions?
Application opens August 30, 2022, and closes October 16, 2022, 11:59 p.m. ET. Late applications will not be accepted, nor will supplemental materials sent separately from the formal application. There is no fee for students to participate in this program.
What are the important dates I should know?
- Aug. 30 – Application opens
- Oct. 16 – Application deadline
- By early Nov. – Teams announced, Canvas launches, teams request to work with an industry coach
- Early Dec. – Teams paired with coaches
- Jan. 15 – First deliverable: investment policy statement due
- Early Mar. – Portfolios and rationale due
- Mid-Mar. – Finalist teams announced
- Apr. – Finalist presentations
The Total Impact Portfolio Challenge is dedicated to:
- Enabling students to embed impact into overall strategic asset allocation
- Exposing students to real-world investing opportunities
- Replicating the complexities of execution and reporting
- Putting classroom theory into practice