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Classroom | Undergraduate

Four Hands-On Experiences You Can Get at the Ness School of Management and Economics

Classes and select clubs at South Dakota State University have hands-on experiences that teach skills students can apply in the workforce. While there are several opportunities in the Ness School of Management and Economics that offer real-life skills, here are four notable ones that should be at the top of students’ lists.

ACCT 430: Income Tax Accounting

According to the IRS, over 155 million tax returns were processed in 2019. Certified public accountants are always in demand. In this class, you will learn the ins-and-outs of income taxes. Students complete an IRS certification exam and prepare returns for students and community members. They volunteer through the Volunteer Income Tax Assistance (VITA) program, and file about 70 returns each year. Not only do students help others, but they also learn a useful life skill.

FIN 420: Student Managed Investment Fund

In this group, students manage real money donated to the Ness School of Management and Economics to learn how to make stock investments. They use the First Dakota National Bank eTrading Lab to become experts in Bloomberg Terminal, the most popular financial news, data and analytics platform, and Interactive Brokers, a versatile trading platform. Stocks are examined, selected and managed as a group. The Student Managed Investment Fund also competes against other universities across the United States.

If you enjoy these activities, consider joining the SDSU Investment Club. Club members participate in a trading game, exchanging different items such as stocks, commodities, futures and options in a paper money account of $1 million.

AGEC 484: Agriculture Futures and Options

Like the Student Managed Investment Fund, students in this class get to manage real money, thanks to the POET Student-Managed Agricultural Commodities Fund. In this ag business-focused class, students gain a better understanding of the markets by making trades for this fund and by paper trading additional contracts. While there is pressure to make a profit, it is a great learning experience to make trades before entering the workforce and making trades with your or your firm’s cash.

Want to begin practicing? Use the same common commodity hedging drills used in agriculture marketing classes at SDState. Visit Commodity Challenge. After logging in, join the “SDSU NSME 2020 Corn” game to hone your risk management skills.

Land Valuation and Rural Real Estate Minor

Having a minor is a great asset to any major. A minor allows you to extend the knowledge of your four-year degree. Completing courses as part of the land valuation and rural real estate minor prepares you to become a real estate professional, including becoming an appraiser, abstracter, property manager, realtor and other careers. Title agents and appraisers are in large demand and are essential to the process of buying and selling property. In AGEC 473: Rural Real Estate and Appraisal, students travel around Brookings performing appraisals, title reports and purchase agreements to get real-life experience.

Like what you see? Want to know how these classes and clubs can fit into your desired career path? Map out your path to a four-year degree with our degree explorer.