Mona School of Business and Management (MSBM) has partnered with NCB Capital Markets Limited to launch the MSBM/NCB Student Investment Challenge. This is an innovative programme geared towards equipping university students with practical knowledge and experience in investment management.
The challenge, which was launched during a Young Investor’s Club meeting held last month at the Mona School of Business and Management, UWI, Mona campus, will see students participating in an equity challenge. Open to both undergraduate and graduate students of UWI, Mona, the challenge will include the preparation of investment reports on a publicly traded firm from the Jamaica Stock Exchange.
Students will work in teams to analyse the company’s financial statements, identify the risks associated with that company, and produce a report which recommends whether to buy, sell or hold shares in that company. Students will also have access to the MSBM financial lab outfitted with Bloomberg technology, which will help them in accessing and interpreting the financial data and all other data related to trading on the capital market.
The winning teams, at both the graduate and undergraduate levels, will receive bursaries/grants of up to $2 million to be shared equally and paid towards their tuition, or to an NCB Capital Markets account. Students from the winning teams will also be given the opportunity to participate in NCB’s Innovation Internship Programme and will receive a tour of the institution’s agile lab, NCB Capital Markets/Treasury, as well as NCB’s Corporate Banking units.
In her opening remarks, Janice Henlin, director of marketing at MSBM, lauded the partnership with NCB Capital Markets. She stated that this is evidence of MSBM’s evolution as a solutions-oriented institution, demonstrating the institution’s commitment to providing students with a comprehensive learning experience through world-class academic training, and opportunities for students to practically apply the training they receive in the classroom.