The team made up of Antonio Favela, Miguel Recio and Maximilian Gelse won first place in the Postgraduate category of the competition.
By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL
A team of three EGADE Business School students won the 2021 Interuniversity Investment Competition organized by the Mexican Stock Exchange (BMV) and the Peeptrade platform , in the Postgraduate category.
The winners are Antonio Favela, Miguel Recio and Maximilian Gelse, students of the Master in Finance (MAF) in Monterrey.
In the competition, the MAF students, representing EGADE Business School, competed against other teams from over 100 universities in 50 countries, who participated in three categories.
In the first phase, participants put together a portfolio of shares and ETFs, for which they were allocated 100,000 virtual USD to invest in a global market simulator.
The EGADE team advanced to the final, which was held on December 1st at the Stock Exchange, where Favela and Recio attended in person to defend their strategy before a panel of experts designated by the BMV, El Economista and Peeptrade.
The winners received a cash prize and the opportunity to accompany Grupo BMV executives on the Trading Floor balcony.
The objective of the Interuniversity Investment Competition, held for the second consecutive year, is to promote best investment practices.
Favela, Recio and Gelse enjoyed this experience as part of the activities of the Investment Strategies course, and were mentored by María Concepción del Alto, Director of the Master in Finance in Monterrey.