MBA students at The George Washington University will soon manage a $1 million investment portfolio thanks to a gift from alumnus, University trustee, and local financier W. Russell Ramsey and his wife, Norma, to the University endowment. Ramsey is currently chairman, CEO, and CIO of Ramsey Asset Management.

“We are grateful to Russ and Norma for having the vision and drive to make this opportunity a reality,” said GW President Stephen Joel Trachtenberg. “Launching a student-run investment portfolio is one of several steps our business school has taken to add experiential opportunities to its well-regarded finance curriculum.”

Susan M. Phillips, dean of GW’s School of Business, added, “Practical experience plays an important role in our students’ academic pursuits. I can’t think of a better way for students to learn about finance and investments than to work alongside investment professionals and to manage a portfolio with real dollars at stake.”

In addition to the financial gift, Ramsey and his firm will provide research support and investment expertise to students who are selected to manage the Ramsey Fund.

Ramsey attended GW on a baseball scholarship, and earned his BBA in 1981. He is vice-chairman of GW’s Board of Trustees. This latest gift continues the Ramsey family’s strong support of the business school’s programs in finance.