Mumbai, February 23, 2019: Amity International School from Noida has been named as the winner of the NSE KWHS Investment Competition Region 2 Finale held at NSE Headquarters in Mumbai, India on Saturday, February 23, 2019.
Amity International School from Noida, Jayshree Periwal International from Jaipur and Amity International School from Ghaziabad were selected as the top 3 teams, who will now advance to the Global Finale at Wharton in Philadelphia, on May 3 and 4, 2019.
The winners received trophies, as well as financial prizes worth USD 1000 from Brickwork Ratings, a competition sponsor. The 12 finalist student teams hailed from schools throughout India, including 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 judged by the panel of six professional 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 occasion was graced by Dr. Biswajit Saha, Director, Skill Education & Training, Central Board of Secondary Education, as the Chief Guest.
Speaking on the occasion, 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 new generation of investors in the areas 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 create 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 conducted regional finals in India for three years, with participation by high schools around the country. For the 2018-2019 KWHS Investment competition, 1158 teams registered from India. As a result of the new KWHS-NSE partnership, the number of Region 2 teams submitting final reports for evaluation at the end of the competition increased from 72 last year to 252 this year, with a much broader representation of schools from Tier 2 and Tier 3 cities in India.
The NSE Academy Limited (NAL), a wholly owned subsidiary of the National Stock Exchange of India Limited (NSE), and Knowledge@Wharton (K@W), the online journal of research and business analysis of the Wharton School of the University of Pennsylvania, had signed a Memorandum of Understanding (MoU) on August 23, 2018 to impart financial knowledge and skills to Indian high school student. As part of the MoU, NSE Academy, Wharton Executive Education and Knowledge@Wharton will collaborate to educate high school students in India about finance and investment. They will also work together to further expand the Knowledge@Wharton High School (KWHS) Investment Competition, which has been offered to high school students in India and more than 30 countries around the world.
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.”