Student managed investment funds (SMIFs) are part of many AACSB business school programs. This study introduces the innovative structure and operation of the University of the Pacific’s Student Investment Fund (SIF) and discusses how the course is structured to help achieve the AACSB’s goals of engagement, innovation, and impact. Different from past SMIF research, we also survey SIF alumni regarding their perspectives of this experiential learning experience. The survey results confirm that the structure, operation, and other activities in SIF help achieve the AACSB’s goals of engagement, innovation, and impact. Implications and future research directions are explored.