The Eberhardt School of Business offers a two-term class for MBA and undergraduate business students called the Eberhardt Student Investment Fund (SIF). Students are selected through a formal application process and have the ability to manage an investment portfolio worth over 3 million dollars. The Bank of Stockton and its President and CEO Douglass Eberhardt, sponsors the fund. Students participating in the Eberhardt SIF will be accountable to its board, which consists of the dean, the vice president of business and finance for the university, and four investment professionals. An annual report of their investment activities and results will be written by the students and their work, transactions, and report are audited by an independent accounting firm, just like in a real investment fund. The Eberhardt SIF teaches our students the importance of sharing their success with others. Each year, a percentage of the fund's net assets will be distributed to benefit the University.