On Thursday 2 July, the ICMA Centre at Henley Business School hosted its fourth annual Stock Market Competition for sixth form and college students interested in a career in finance and trading. The competition took place in the ICMA Centre’s world-class trading rooms, and after an exciting day, Greg Dean and Nischal Timalsina from Bulmershe School were awarded iPads and a trophy as the competition winners.
The aim of the competition is to give students the chance to apply their current knowledge of subjects such as maths, business and economics to the fast-moving world of international trading. It also exposes participants to the importance of business ethics and responsible business practice that is core to the teaching philosophy at Henley Business School. To help students avoid the temptation of taking the excessive gambles that have plagued the professional trading world, strict dealing limits were imposed, with penalties in place for reckless trading.
This year’s competition was hugely popular and over a hundred students from thirteen schools competed against each other for the chance to become top traders. The final results were closer than ever before, with only a two-point difference between first, second, and third place. Second place was taken by Harris Porter and Rafid Reza from Woking College, and in third place was Matt Bell and Jamie Cannon from Wilmington Grammar School for Boys.
Robert Russell, Head of Business Development at Divento Financials, who sponsored the competition and presented the awards, commented: “I was incredibly impressed with the students’ enthusiasm and ability to pick up complex ideas so rapidly. The Stock Market Competition gives young people an exciting and realistic experience, and encourages more finance enthusiasts into future careers in the industry.”
The day proved to be a great success, and the ICMA Centre is already looking forward to inviting students to take part in the fifth annual Stock Market Competition next summer.
The schools that took part in the Stock Market Competition 2015 were:
- Woking College
- Bulmershe School
- The Abbey School
- Cox Green school
- Rickmansworth School
- The Willink School
- Palmer’s College
- Reading Blue Coat School
- Ranelagh School
- Churchers College
- Wilmington Grammar School for Boys
- Ouse dale School
- Dame Alice Owen School