New Delhi, February 28, 2017: Amity International School, Noida’s ‘One Up on Herd Street’ team has emerged as the winner of the second edition of the South Asia and Middle East Regional Finale Knowledge@Wharton High School (KWHS) Investment Competition that was held at the 6th edition of One Globe Forum held in New Delhi earlier this month. Over 200 teams of high school students from twelve countries participated in the competition, including UAE, Turkey, Egypt, Laos, Indonesia, Singapore, Thailand, China, Vietnam, Bahrain and many parts of India. Among the other winners, ‘The Rainmakers’ team from Amity International School, Saket, bagged the second prize while ‘Silver Stone Partners’ team from International School, Bangalore took the third prize. The winning teams will travel to The Wharton School of the University of Pennsylvania to participate in the grand finale on May 5 and 6 this year.
The South Asia and Middle East Regional Finale was managed for Knowledge@Wharton High School (KWHS) by BrainGain Magazine, a study abroad magazine for students, their parents and mid-career professionals in South Asia, which also partners for sending high school students to the KWHS Global Young Leaders Academy. The competition was sponsored for the first time by FLAME University, an institution based in Pune, India that is revolutionizing higher education in the country with its liberal education approach.
Out of the 200 teams that had registered, 12 finalist teams were selected over a period of four months, which presented their investment strategies at the One Globe Forum to a jury consisting of Rajesh Sehgal, Senior Executive Director with (EMG) of Franklin Templeton Investments; Rajat Kumar, Vice President, Planning & Projects, Snapdeal; and Dominic Johnson, Director of Business Operations, Knowledge@Wharton.
In addition to the three winning teams, the top finalist teams included: Sri Kumaran Children’s Home (Inception), Inventure Academy (The Alchemists), Amity International School, Gurgaon (Alpha Infinitum), Amity International School, Pushp Vihar (Corporate Pirates), Neerja Modi School (Gamma Papa Investments), Bhavan Vidyalaya, Chandigarh (Marxist Moneymakers), Canadian International School (Solito Negotium), Amity International School, Mayur Vihar (Stock Mubarak) and NSS Hill Spring International School (The Wolves of Dalal Street). Two of these finalist teams delivered their presentations over Skype.
Diana Drake, Managing Editor at Knowledge@Wharton High School, who was in India to attend the KWHS Investment Competition’s Regional Finale in New Delhi, said, “I was very impressed with the presentations by the students. The sincerity and dedication with which they have worked for this competition is evident in the brilliant presentations they delivered. You take away certain skill sets when you participate in our investment competition, such as teamwork, leadership, risk taking and communication. It's rewarding to see that the teams seized this opportunity and developed many of these skills.”
The competition is a free, global, online investment simulation for high school students from Class 9 to Class 12. Each competing team of four to nine students must manage a portfolio of $100,000 in virtual cash using the OTIS online trading system, Wharton’s Online Trading and Investment Simulator. Ultimately, teams are judged on how well they develop and articulate a sound and unique investment strategy, not on the growth of their portfolios.
Hosted by Salwan Media Ventures, the annual One Globe Forum brings together global thought leaders to discuss how to build a 21st century knowledge economy in India and South Asia.
About Knowledge@Wharton
Knowledge@Wharton is the online business analysis journal of the Wharton School of the University of Pennsylvania. The site, which is free, captures relevant knowledge generated at Wharton and beyond by offering articles and videos based on research, conferences, speakers, books and interviews with faculty and other experts on current business topics. Knowledge@Wharton offers content in Chinese, Spanish and Portuguese and has a separate site for high school educators and students that creates content and competitions to promote business and financial literacy, entrepreneurship and leadership skills.
About BrainGain Magazine
BrainGain Magazine (www.braingainmag.com), a Salwan Media Ventures company, is the leading Study Abroad online magazine for students, their parents, and mid-career professionals. They aim to be the definitive source of information for anyone interested in exploring and learning about Study Abroad. The primary target audience is between the ages of 16 and 25 years. They provide content to guide students and their parents through the decision-making process when exploring options to study abroad.