Bromsgrove School Pupils in National Investment Competition
03 Apr 2013
A team of four Sixth Form students from Bromsgrove School have reached the regional final in a national investment competition.
The “Oppa Gangnam Style” team, who were competing against more than 40,000 other students across the UK in the IFS Student Investor Challenge, made £47,000 trading in virtual shares in just three months, outperforming the FTSE 100 share index in the process.
They will now represent their school at the North Wales and the English Midlands regional final, held in Birmingham on 21st March. If successful at this stage, they will have the chance of making it through to the national final in April.
The free to enter competition, run by IFS School of Finance and supported by Bloomberg, provides teams with £100,000 of virtual money to buy and sell shares in FTSE 100 companies. The competition gives teams of four students aged between 14 to 19 years old the opportunity to experience the dynamic world of share dealing and investing in the stock market. Now in its 20th year, the competition is the largest of its kind in the UK and is also open international students.
Photo: Pupils (l-r) Fraser Bales, Yun Jin Lee, Alex Thorpe and Samuel Rose, the team of pupils competiting in the IFS Student Investor Challenge