Amity International School from Noida declared winner of NSE KWHS Investment Competition Region 2 Finale

NSE Academy and Knowledge@Wharton High School host the 

2018-2019 KWHS Investment Competition Region 2 Finale

New Delhi, February 25, 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.”

About NSE Wharton Investment Competition:

NSE Knowledge@Wharton High School (KWHS) Investment Competition is a 12-week challenge wherein   high school students from around the world participate and get a hands-on introduction to the world of investing. Students compete in teams to create unique investment strategies for a potential client, place online trades through Wharton’s Online Trading and Investment Simulator, learn new investing concepts, and think critically and creatively. The NSE Academy and KWHS are partnering specifically on Region 2 of the competition, which involves students from Southern, Southeastern and Western Asia.

About NSE Academy Limited:

NSE Academy Limited is a wholly owned subsidiary of National Stock Exchange of India Limited (NSE). NSE Academy promotes financial literacy as a necessary life skill. NSE Academy’s initiatives, including partnerships with state and national school boards and schools, interactive courses on personal finance and certification programs, teach school children, homemakers and other non-finance professionals the value of investing, provide an introduction to the Indian capital markets and help to develop new market professionals.

About The Wharton School of the University of Pennsylvania: 

Founded in 1881 as the first collegiate business school, the Wharton School of the University of Pennsylvania is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. With a broad global community and one of the most published business school faculties, Wharton creates economic and social value around the world.  The School has 5,000 undergraduate, MBA, executive MBA and doctoral students; more than 9,000 participants in executive education programs annually; and a powerful alumni network of 98,000 graduates.

About Knowledge@Wharton and K@W High School:

Knowledge@Wharton (K@W) is the online research and business analysis journal of the Wharton School of the University of Pennsylvania.  Launched in 1999, K@W is published in English, Spanish, Portuguese and Chinese and has evolved into a network that reaches some 3 million users worldwide.

K@W High School (KWHS), part of the K@W network, is an online portal for high school students and educators (kwhs.wharton.upenn.edu). In addition to publishing articles and lesson plans related to business, finance, leadership and entrepreneurship, KWHS helps nurture financial literacy and 21st century skills through initiatives like the global KWHS Investment Competition.

About National Stock Exchange of India Limited (NSE):

The National Stock Exchange of India Ltd. (NSE) is the leading stock exchange in India and the second largest in the world by nos. of trades in equity shares from January to December 2018, according to World Federation of Exchanges (WFE) report. NSE was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data. NSE has a fully-integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading and clearing members with the rules and regulations of the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology. NSE believes that the scale and breadth of its products and services, sustained leadership positions across multiple asset classes in India and globally enable it to be highly reactive to market demands and changes and deliver innovation in both trading and non-trading businesses to provide high-quality data and services to market participants and clients.

For more information, please visit: www.nseindia.com

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