Bringing finance to life: Student Investor Challenge kicks off
18 October, 2019Heather Tilston
This week marks the launch of The London Institute of Banking & Finance’s annual Student Investor Challenge which sees tens of thousands of students from schools around the country compete in teams, trading virtual shares for a chance to compete at the live final in London. In last year’s competition over 37,000 students took part.
Catherine Winter, Head of Financial Capability at The London Institute of Banking & Finance, says:
“The Student Investor Challenge is a fantastic competition, not only helping young people develop a range of skills that will stand them in good stead for life but also helping them put theories learned in school into real context.
“It helps young people put their maths and economics knowledge to work, engage with the finance sector and understand more about how it works. It also improves financial capability and helps them to develop important soft skills such as teamwork and communication. And it’s fun of course!”
The first phase of the competition will run until 24 January 2020. Registration closes on 15 November. Schools can enter multiple teams, with each team made up of four students.
The competition is free to enter and doesn’t require classroom time.
The top 500 teams – those that make the most profit in phase one – progress to the semi-final to compete for a place in the live final. There are some exciting prizes to be won, including a trip to New York for the winners!
Key facts about the Student Investor Challenge 2019/20
- This year’s competition opened on 14 October. Teams have until 15 November to register and start trading. Entry is free.
- The first phase of the competition will run until 24 January 2020. The top 500 teams will progress to the semi-finals which take place from 17 February to 13 March 2020.
- The top eight teams will compete in the live finals in April/May.
- First prize is an all-expenses-paid trip to New York, plus spending money. The prize includes a trip to the New York Stock Exchange, which is not generally open to the public.
Find out more about this year’s Student Investor Challenge