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London school wins Vietnamese virtual stock trading contest

Update 27/02/2013 - 07:43:14 AM (GMT+7)

A team of Vietnamese students from a London-based graduate school was awarded the first prize on Sunday at a virtual stock exchange competition organized in the UK by Vietnamese students there.

CXA, of the Cass Business School, won the contest after four hours of breathtaking competition and was granted a prize of £1,500.

Lasting for nearly three months, the competition created a useful playground for Vietnamese students to apply their knowledge on a trial version of the London Stock Exchange.

The five best teams from leading universities in the United Kingdom, including the University College of London, Imperial College, Warwick University, Cass Business School, Exeter University, and Sheffield University and LSC, made it to the final round over ten virtual trading weeks, starting last November.

Finalists showed off their knowledge and proved their in-depth understanding of the stock market throughout the final round, comprising three main parts, multiple choice questions, case study analysis and debate.

"Although we did not win, we all had a fantastic experience at the competition,” said Phuong Anh, a member of a finalist team. “We've applied the knowledge we learned in school to make the analysis and investment decisions.”

The contest was co-organized by VietPro (Vietnamese Professionals in the UK - Association of Vietnamese Intellectuals in the UK) and the Vietnamese Student Society at the University City University of London.

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