Local MP Rosie Cooper has today urged schools and colleges in West Lancashire to register teams for the 2007 ifs Student Investor Challenge, sponsored by Deutsche Bank and Foreign & Colonial Investment Trust.
The free to enter competition is open to teams of 4 students aged between 14 and 19 and involves investing a fantasy £100,000 in the stock market over a three month period. The best performing teams in each of four regions (North East, North West, South East, South West) take part in a final challenge consisting of a business challenge and a presentation.
The winning team will receive an all expenses paid trip to New York and £2,000 for their school. There are a range of other prizes for second and third placed teams as well as monthly prizes throughout the 3-month challenge. Over 30,000 students took part in last year’s ifs Student Investor Challenge and even more are expected to register this year.
Rosie Cooper MP said, “The ifs Student Investor Challenge is hugely successful in attracting young people to gain a greater knowledge of the stock market, investments and business. This is an excellent opportunity for young adults in West Lancashire to gain such knowledge and the chance of winning a fantastic prize for themselves and their school is clearly a great incentive.”
Anne Kiem, Head of External Affairs at the ifs School of Finance said, “The challenge is a useful tool in educating about finance - giving students a practical insight into stock markets, savings and investments. It is also good experience for students to work as part of a team in a competitive environment.”
To register a team or for more details, simply go to www.studentinvestor.org