The Student Investor Challenge is run by LIBF (London Institute of Banking and Finance) where students are given £100,000 of imaginary money to invest into real-time stocks and shares via a ‘strategic’ long-term and ‘active’ short-term portfolio.
This year’s competition attracted 23,540 students in 5,885 teams from 856 schools and we are delighted to reveal that for the second year running the Bethany team made it into the top 500 teams who will progress to the semi-final.
Felix Lawrence, Alexis Casdagli, Oliver Hale and Ben Scott met with Head of Business Economics, Simon Duff, every Thursday during the autumn term as part of their activities programme.
In the semi-final, the team will now be given a selection of stock prices on a Monday, and predict what price the stocks will be on the following Friday. The closer the team’s prediction is to the price of the stock at close of trading on Friday that week, the more points the team will score for that prediction.
The top eight teams in the semi-final, which runs for four weeks, will progress to the live national final in London. We’d like to wish the team the best of the luck in the next stage of the competition.