ICICIdirect Center for Financial Learning (ICFL) had launched StockMIND Season IV on August 14, 2015. The season started off with seminars at participating colleges, where students received an overview about the stock markets and a basic introduction to the process of investing in stocks. The grand finale has started from March 14, 2016.StockMIND is an inter-college competition, which is a seven-day event, wherein the participants compete to maximize their portfolio with the virtual money allocated to them and is ranked as per the value of their portfolio accumulated at the end of 7 days.
College-level winners were declared based on the highest cumulative portfolio value on the seventh day. The preliminary rounds concluded on March 4, 2016 and the winners from all the colleges have now entered the Grand Finale which started from March 14, 2016 and will conclude on March 22, 2016. The winner of Finale will get the first prize of Rs. 1 lakh. The first runner-up and second runner-up will receive prizes worth Rs 50,000 and Rs 25,000 respectively. This year, to encourage participation of women, another category was introduced, under which the winner in the female category will get a cash prize of Rs 5000-. Besides the cash prizes, and scholarships other prizes are also offered to the students at every stage.
StockMIND Season 4 had including new section on personal money management which teaches students the basics on money management, an option to trade in derivatives for those who want to learn them.
The 250 graduate and 340 plus post graduate colleges that have participated in StockMIND Season 4 include students from various streams and over 50 Engineering, Medical and Dental colleges.
Neeraj Joshi, Head- ICICIdirect Centre for Financial Learning says the objective of propagating the importance of the Stock Markets and familiarizing students with the investments mechanisms through StockMIND is contributing towards enhancing various skill sets that would help shape the corporate leaders of tomorrow.
The previous season of StockMIND has been featured as a ‘Largest Competition on Stock Investments’ under Business section of 2016 edition of Limca Book of Records.
Careers360 is the Online Partner of StockMIND Season 4.
ICICIdirect Centre for Financial Learning Launches StockMIND Season 4
Stay tuned to bschool.careers360.com for more news and updates on StockMIND.
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