A team of four students from Malmesbury School in Wiltshire have outperformed the stock market and more than 10,000 other teams to win the 2015 ifs Student Investor Challenge.
The “Withdrawal Symptoms” team, featuring students Adam McClelland, Toby Journeaux, Jamie Wreathall and Ollie Blake will now go on an all-expenses paid educational trip to New York as well as securing £2,000 for their school.
Triumphing in a tense final against eight other teams from across the UK, the four students emerged as victors in a simulated live-trading challenge where they responded to market fluctuations caused by recent global events, before delivering a highly engaging presentation on socially responsible investing to a panel of financial experts.
Student Investor Challenge
The ifs Student Investor Challenge is a free to enter competition, run by ifs University College, the University College for financial education. It provides teams of up to four students aged between 14-19 with a virtual £100,000 to trade shares, stocks, futures and assets and the opportunity to experience the dynamic world of share dealing.
This year’s challenge attracted more than 10,000 teams in 2015 where the top 50 teams’ investments totalled over £7million in just a four month period.
Commenting on Malmesbury’s triumph, ifs University College Vice Principal Alison Pask said:
“Our congratulations go not only to the team from Malmesbury, but also to all of the finalists who took part in this year’s challenge. Once again, our panel of judges had a really tough decision to make with so many well-researched and presented arguments.
“The Student Investor Challenge not only helps students get to grips with important financial issues, but also develops many important life skills such as team working, the ability to research and analyse complex information and the confidence to stand by the decisions they’ve taken which will stand them all in good stead as they progress in their careers. So in essence, every student who took part in the competition won today.”