MSU Stock Market Challenge 2022/2023
Sponsored by Deutsche Bank
About
The Morgan State University (MSU) Stock Market Challenge allows students to invest in financial securities using virtual money and learn about global financial markets, financial assets, and financial literacy. The MSU Investment Club manages the virtual challenge.
Benefits of Participating in the Challenge
- Understanding the financial market
- Learning diversification and investment strategies
- Understanding the money management and risk management techniques
- Improves your critical thinking
- Resume booster
- Opportunity to work in a financial or investment firm.
Prizes
Winners of the MSU Stock Market Challenge 2022/2023 will receive prizes totaling $5,000.00.
Past Winners
- MSU Stock Market Challenge 2018/2019:
- Joianna Wallace – Finance Major, 13%
- David Bryant – Information Systems Major, 5%
- Elizabeth Olusola – Finance Major, 4%
The three winners received prizes of $250.00, $150.00, and $100.00, respectively.
2. MSU Stock Market Challenge 2019/2020:
- Martin Adu-Boahene – B.S. Information Systems, 86%
- Tyler Waugh – B.S. Finance, 34%
- Charon Edwards – B.S. Finance, 23%
The three winners received prizes of $900.00, $700.00, and $400.00, respectively and additional gift cards of $250.00, $150.00 and $100.00, respectively.
3. MSU Stock Market Challenge 2020/2021
- Amos Gambrah – Ms. Architecture, 410%
- Mudiaga Odudu – Ms. Architecture, 163%
- Jorge Godoy Gomis – MBA, 28.67%
The three winners received prizes of $2,500, $1,500, and, $1,000 respectively.
4. MSU Stock Market Challenge 2021/2022
- Sekai Poles – B.S. Finance, 837.50%
- Zaire Dartis – MBA, 315.46%
- Roshane Miller – B.S Industrial Engineering, 311.69%
The three winners received prizes of $2,500, $1,500, and, $1,000 respectively.
Official Rules
- The tournament is free and open to all students currently enrolled at Morgan State University during the 2022/2023 academic year.
- Students will only register once with an active MSU email address. Students are not allowed to use their private email addresses.
- Registration begins on 08/22/2022. The competition will run for 100 days, starting on 09/26/2022 and will end on 02/27/2022.
- Students will start with a virtual $100,000 in cash.
- Students will only trade U.S. stocks, ETFs and Cryptocurrency.
- Students cannot invest more than 20% of their funds in any asset.
- All participants will be required to use the website’s trade journal feature to document their decisions for making their trades.
- Short selling and buying on margin will be prohibited.
- The minimum stock price for buying is $5.00.
- The Capital Markets Lab Director and the audit team will declare the winner 3-5 days after 02/27/2022
- Participants are encouraged to read the following financial literacy articles during the duration of the competition. The top 3 winners must complete at least ten financial literacy articles by 4:00 PM on 02/27/2022. Articles and Videos are on the Learning Tab; click on “View active assignments.”
- What is a stock?
- What is a ticker symbol?
- Getting (and understanding) stock quotes
- Why invest in stocks?
- Building a diversified portfolio
- How to find stocks in specific sectors
- Getting trading ideas
- Navigating the site
- Order types
- Trading stocks
- What is the New York stock exchange?
- What is the Dow Jones Industrial Average?
- What is an ETF?
- What is a brokerage?
- How to choose and compare stocks
- What is an income statement?
- What is a balance sheet?
- Investing strategies
- Good debt, bad debt
- Managing debt
- Credit cards
- Spending and saving plans
- Budgeting and spending strategies
- Introduction to investing
- Inflation
- What is the Federal Reserve?
- Fiscal policy explained
- Monetary policy explained
- How the stock market works and why it works
- Building your $100,000 portfolio
- Now that I own it, what should I do?
- Fundamental Analysis: Understanding Earnings and Cash Flow