A total of 376 students from 12 business schools, including 12 from EGADE Business School, participated by creating stock portfolios in a virtual market.
By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL
Two EGADE Business School - Tecnológico de Monterrey students reached the finals of the Stock Trading Competition, organized by Yale School of Management.
Lorna Obando Alston, from the EGADE MBAOnline, and Ricardo Argüelles Ramírez, from the EGADE - UNC Charlotte MBA in Global Business & Strategy, qualified individually and represented their school in the final round.
“I am thrilled and so proud to represent the EGADE Business School - Tecnológico de Monterrey community. This honorable alma mater has given me so much joy,” Obando Alston said.
A total of 376 students from 12 Global Network for Advanced Management member schools, including 12 from EGADE Business School, participated on February 2 in the first round of this global competition.
Just 51 students, including Obando Alston and Argüelles Ramírez, qualified to the final round held on February 16.
Jin Hyung Cho, student at the University of Oxford Saïd Business School, won first place.
This annual competition brings together business school students from all over the world to compete in the creation of stock portfolios in a virtual market.
The participants’ objective is to beat the market by maximizing portfolio wealth.
The competition is held within the framework of the Stock Trading Game developed by Roger Ibbotson, professor at Yale SOM.