FIC
Fixed Income and Credit
Exploring credit risk, global macro themes, and the market forces that connect economies and companies.
SCM's student-led investment platform
Analyst Program
Two focused teams. One shared view of the markets. SCM's investment program give students a collaborative setting to explore ideas, strengthen their research, and learn how different parts of the market connect. Interested? Email scm@stern.nyu.edu for updates on our Fall 2026 Pod Program!
Two specialized approaches
Focused coverage.
Broader perspective.
Each pod follows a distinct area of the market while contributing to a shared investment conversation. Together, they help members see how macro forces, sector trends, and company fundamentals shape opportunity.
TX
Tech
Studying the companies, products, and structural shifts driving the digital economy forward.
Fixed Income and Credit
Build and defend an active view against the AGG.
The FIC pod manages both rates and credit decisions relative to the Bloomberg U.S. Aggregate Bond Index, using the AGG ETF for daily comparison. Members connect macroeconomic research, credit analysis, portfolio positioning, and performance measurement in one disciplined process.
Macro & Rates
Develop a view on the level of interest rates and the shape of the yield curve. Before major employment, inflation, and Federal Reserve releases, the team prepares a short memo explaining its expectations, key risks, and portfolio positioning.
Credit
Determine the appropriate credit exposure relative to the benchmark by studying the credit cycle, historical and current spreads, issuance, and risk. Views can be expressed through investment-grade, high-yield, or distressed credit, with sector teams added as coverage grows.
Benchmark & Performance
Target 50–100 basis points of annual outperformance and track results against AGG daily. Each meeting begins with a performance and market update, including attribution of gains and losses to duration and credit positioning.
Technology
Specialization is the edge.
Each Tech analyst develops expertise in a clearly defined subsector, building the focused knowledge needed to follow a large and fast-moving investment universe. This specialist structure gives the pod room to grow while preserving depth and accountability across coverage.
Software
Payments & Fintech
Semiconductors & Hardware
Internet & Digital Platforms
Gaming & Online Travel
Media & Streaming
Coverage areas remain flexible as the team develops. As membership grows, large subsectors can expand into teams led by experienced analysts and supported by junior analysts, without combining distinct areas such as software and payments.
Follow the next chapter of SCM.
Stay connected for future updates, opportunities, and ways to participate in the investment pod community.