SMIF has a dual mandate. In addition to our experiential learning mandate of investment-management and research, SMIF also has a service-learning mandate. Service learning takes place under Barry University's core commitments in the spirits of collaboration, partnership, and community well-being that have been the hallmarks of the financial literacy program since its inception.
SMIF students teach a year-long financial literacy course and partnership with William H. Turner Technical Arts High School. The meetings were focused on enriching the financial literacy experience for both Turner Tech and Barry University SMIF students by enhancements to course content, course materials, course delivery, course assessments, and student interactions between Turner Tech and Barry SMIF students.
In late February 2020, three SMIF students explored a new initiative by teaching a day-long course in financial literacy to elementary-school students at Shenandoah Elementary school in Miami-Dade County. The initiative was in collaboration with Junior Achievement of greater Miami, and the Miami-Dade Chamber of Commerce. The three SMIF students had the opportunity to teach a classroom of twenty-seven kindergartens students and found it to be an incredibly enriching experience.