STONEHILL COLLEGE
Meehan School of Business
Financial Management Association International
Stonehill FMA Stock Market Challenge
Each year, our FMA chapter challenges students interested in the financial markets to participate in a portfolio management competition using primarily equities. Students interested in the competition join a stock market simulation that monitors, tracks and measures performance of securities bought and sold by the student managers.
The competition has very specific rules that attempt to mirror what professionals can and can not do. The program is also designed to stimulate interest in the Stonehill College Investment Finance Initiative (SCIFI), a special full year academic program designed to teach investment analysis, valuation, portfolio management and performance measurements. Students admitted into the program also participate in the management of the Mary Herlihy Opportunity Fund.
The player with the greatest gains for the challenge period is awarded the Devin Cup and the top three players receive prizes for their efforts.
The Devin Family Cup
Recognizing The Winner Of The Stonehill College
FMA Stock Market Challenge
This award is named in honor of William Devin ’60, P’88 for his generous support of the Stonehill College Chapter of the Financial Management Association International. During his 30-year career at Fidelity Investments, he held numerous positions, including Executive Vice President of Fidelity Capital Markets and Vice President & Head Trader/Manager in the Equity Trading Department at Fidelity Management & Research Co. Mr. Devin was also Vice Chair of the Boston Stock Exchange from 1985 through 1996.

Recent Winners
2022-23 Joseph LaFauci
2021-22 Daniel Sammarco
2020-21 Brian Word-Sims
2019-20 Richie Ryan
2018-19 Alex Demeule
2017-18 Jason Chenevert
2016-17 Alex Demeule
Rules
Rules of the Stonehill FMA Stock Market Challenge:
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Minimum Holding Period: 48 Hours after purchase
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Minimum Number of Securities: 15
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Must have 90% invested at all times
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Only up to 10% in cash in money market funds
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No shorting of stocks/funds allowed
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Balanced fund investments are not allowed (contain fixed income)
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Equity-only ETFs and Mutual Funds are allowed
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No leveraged ETFs
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No derivatives securities allowed
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IPOs can only be bought on the third trading day
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Minimum stock price: $2
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Maximum stock price: $5,000
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Violation of these rules or where the committee agrees that a tactic was in violation of the spirit of the event will result in disqualification and ineligibility for any prizes.
Game Link:
Password:
Starts: October 4th, 2021
Ends: April 29th, 2022