Top B schools around the world eye ISB's virtual stock trading competition
Advertisement
Top global B-schools like INSEAD, University of California Los Angeles and National University of Singapore are eyeing one of India's most prestigious college ISB 's virtual stock trading competition.
The college in partnership with a startup calledTrakinvest has launched the competition titled ‘Beat the Street’. Trackinvest is a start-up run by Bhatia, who was a principal at JP Morgan Partners in Hong Kong and headed Principal Investments at AIG Financial Products.
“A trading competition like this enables students to apply investment concepts learnt in the classroom in a setting as close to the real world as possible. We at NSE-ISB Trading Lab hope this event will produce great traders and investors in the long run,” Prasanna Tantri, senior associate director at the Center for Analytical Finance at ISB, told the LiveMint.
The participating teams will be using Trakinvest’s virtual trading platform. Each team will be given initial virtual currency worth $100,000. They will have the option of trading in 10 stock markets, including the Nasdaq and the New York Stock Exchange, the London Stock Exchange, three Chinese stock exchanges and theNational Stock Exchange of India Ltd (NSE), among others.
Winners of the competition will win prizes worth $2,000. They will be chosen based on the percentage change in their portfolio’s net worth from the start of the game. Results will be announced tomorrow.
“Every student involved in Beat the Street is learning about stock trading in a whole new visual and social way, setting them up strongly for their future careers,” said Trakinvest’s CEO and founder Bobby Bhatia.
Advertisement
The college in partnership with a startup called
“A trading competition like this enables students to apply investment concepts learnt in the classroom in a setting as close to the real world as possible. We at NSE-ISB Trading Lab hope this event will produce great traders and investors in the long run,” Prasanna Tantri, senior associate director at the Center for Analytical Finance at ISB, told the LiveMint.
The participating teams will be using Trakinvest’s virtual trading platform. Each team will be given initial virtual currency worth $100,000. They will have the option of trading in 10 stock markets, including the Nasdaq and the New York Stock Exchange, the London Stock Exchange, three Chinese stock exchanges and the
Winners of the competition will win prizes worth $2,000. They will be chosen based on the percentage change in their portfolio’s net worth from the start of the game. Results will be announced tomorrow.
Advertisement
Advertisement
- CEO says he tried to hire an AI researcher from Meta, and was told to 'come back to me when you have 10,000 H100 GPUs'
- We bought a house in Japan for $30,000. We'll have more land than we could afford in the US, and our kids will be more independent.
- Rumors Prince William is having an affair with Rose Hanbury are flooding social media again after Stephen Colbert waded into 'Katespiracy'
- Sensex, Nifty tank in early trade amid weak Asian markets, foreign fund outflows
- Long-Term vs. Short-Term Debt
- Mutual funds stress test: What it means for you
- Businesses should not be built on model, but out of passion: Peyush Bansal
- Delhi world's most polluted capital, Begusarai top polluted metro says IQAir