The NSE Investment Challenge is an edutainment initiative targeting Kenyan youth who are in tertiary learning institution. These include universities, technical institutes and other post secondary colleges.
The challenge is an online simulation of live trading at the Nairobi Securities Exchange, where each participating group/individual is given a virtual startup capital to invest using the NSE real time information for a period of 3 months. The winner is the team/individual with the highest portfolio value. One can participate as an individual or a group of maximum 4 members from the same institution.
The NSE Investment Challenge is an annual competition supported mainly by the two founding partners - Nairobi Securities Exchange Limited and Smart Youth Investment Limited, however over time we have gotten support from numerous corporate such as NIC Securities and Centum Limited.
The investment challenge has been in existence for the past five years.
The main objectives of the initiative are to impact knowledge on investment in the securities and create a culture of saving and investing in youth. We also aim at enhancing financial management and entrepreneurial skills among the Kenyan youth and create a sense of ownership, loyalty and association with the youth by reaching out to them and by creating a unifying factor, hence enhancing our image. The challenge also creates an avenue of educating the youth on prudent process of investment decision making and risk management.
The NSE investment Challenge 2016 is open to any Kenyan youth who is in any tertiary Institution of learning, these include; Universities, Technical school and other post secondary institution of learning.
For one to participate, you pay a registration fee of Ksh. 200 via Mpesa as follows to the business number 222333, after which you are provided with log in details of your account. Then you log in to the NSE website- www.nse.co.ke and click on the NSE INVESTMENT CHALLENGE link and complete the registration form by fill in the following details: Username: Your ID / Passport No (as used in Mpesa payment) Password: Mpesa code. The participant will then be required to complete the full registration process. Once completed, the participant will get an email showing the password and username they shall use to log in to their virtual account.
HOW TO PLAY
HOW TO WIN THE CHALLENGE.
Overall Winners will be determined at the end of the 3 months competition period. The winning portfolios will be evaluated by an audit panel of judges drawn from the following companies:
We shall use a weighted average method of tallying the winning portfolio as follows:
They will be provided by our partners who we shall enter into a legal agreement that they will avail the internship positions once the winners have been declared.
Smart Youth Investments Ltd shall provide a platform for the winners to acquire internship positions with our partners. Please note that no monetary value whatsoever will be received by Smart Youth Investments Ltd from the partners or university students for this prize.