Amity International School Noida has emerged out to be the winner of NSE KWHS Investment Competition Region 2 Finale which held at NSE Headquarters in Mumbai on Saturday, February 23, 2019.
The Top 3 teams shortlisted to promote to the Global Finale at Wharton in Philadelphia, on May 3 and 4, 2019 are Amity International School from Noida, Jayshree Periwal International from Jaipur and Amity International School from Ghaziabad.
The competition sponsor Brickwork Ratings will be rewarding the winners with trophies and financial prizes worth $1000. The 12 finalist school teams India were Podar International School in Mumbai, Greenwood High International School in Bangalore, DAV Model School in Durgapur, SVKM in Mumbai, Amity International School in Noida (two teams from this school), and The PSBB Millennium School in Chennai, Sushila Birla Girl’s School in Kolkata, Amity International School in Gurugram, Jayshree Periwal International School in Jaipur, The Doon School in Dehradun and Amity International School in Ghaziabad.
The teams were adjudged by six people who were judges namely Pankaj Dinodia of Dinodia Capital Advisors, Kisha Gupta of Infosys, Vivek Kulkarni of Brickwork Ratings, Rajat Kumar of ABP Digital, Rajesh Sehgal of Equanimity Investments, and Yatrik Vin of the National Stock Exchange of India Limited.
The event witnessed the presence of Dr. Biswajit Saha, Director, Skill Education & Training, Central Board of Secondary Education, as the Chief Guest.
Addressing the audience at the event, Mr. Vikram Limaye, Managing Director & CEO, National Stock Exchange of India Ltd. said, “I congratulate the winners and very happy at the way students conducted themselves at the investment competition. NSE has always demonstrated missionary commitment to develop and nurture a new generation of investors in the areas of financial markets and financial literacy, as also overall banking and financial services. Our privileged association with Wharton School of the University of Pennsylvania reinforces the same commitment to creating a large and knowledgeable pool of investor base, which is so critical for strong and vibrant capital markets. In the first year of our association, we are overwhelmed by the response received from the student fraternity across the country.”
The KWHS global investment competition has been conducting the regional finals for three years, wherein high schools around the country participate. Last year, KWHS Investment competition, 1158 teams registered from India. After KWHS collaborated with NSE, the number of teams that submitted final reports of evaluation at the end of competition went up from 72 to 252 this year.
MoU had signed between NSE Academy Limited (NAL), a subsidiary of National Stock Exchange of India Limited (NSE) and Knowledge@Wharton (K@W), an online journal on August 23, 2018. The MoU was signed to impart financial knowledge and skills to Indian students. According to the MoU, NSE Academy, Wharton Executive Education, and Knowledge@Wharton will collaborate to impart knowledge about finance and investment to high school students. They will also collaborate to work together to expand and develop the Knowledge@Wharton High School (KWHS) Investment Competition, which is conducted across India and 30 other country’s high school teams.
Added Ms. Diana Drake, managing editor of Knowledge@Wharton High School, “It has been exciting to see the evolution of our investment competition, which began in early 2012 as a pilot project with a handful of teams in the U.S., into a truly global experience,” said Drake, adding that KWHS started the challenge as an extension of its varied business and personal finance online content and experiences for high school students and educators. “The growth is so much more than the fact that we are now reaching thousands of students through the game,” Drake continued. “The inspiration comes in what students do with their new financial knowledge. For many, this is their first exposure to investing and the stock market. Ultimately, the deep learning they encounter both inside and outside the classroom helps to inform their investment strategies. We also see such impressive teamwork and communication skills.”