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Among its many provisions , the Indian Act currently requires the Minister of Indian Affairs and Northern Development to manage certain moneys belonging to First Nations and Indian lands and to approve or disallow First Nations bylaws . Cohen manages less money than hedge-fund titans such as George Soros or Julian Robertson did at the height of their powers , but his sheer trading prowess leaves them in the dust . We are seeking researchers capable of putting their ideas to work toward the task of managing real money . In 1991 , among Federal offenders who had trafficked in , grown , or manufactured illegal drugs or who had managed drug money , 25 % said they were a member of a group or organization that engaged in illegal drug activities . " The program allows hands-on experience with managing real money , " says Dr. Tezel . Among its many provisions , the Indian Act currently requires the Minister of Indian Affairs and Northern Development to manage certain moneys belonging to First Nations and Indian lands and to approve or disallow First Nations by-laws . Among its provisions , the act requires the Minister of Indian Affairs and Northern Development to manage certain moneys belonging to First Nations and Indian lands , and to approve or disallow First Nations taxation by-laws . Fund has provided more than 130 MBA students with hands-on experience managing real money funds . Among its many provisions , the Act requires the Minister of Indian Affairs and Northern Development to manage certain moneys and lands belonging to First Nations ; to approve custom election codes and operate Indian Act elections ; and to approve or disallow First Nations by-laws . Big companies " manage " money , moving it between accounts for maximum return or maximum liquidity .