Capital Markets Authority is set to conduct a National Capital Markets University Challenge beginning July 2018 as part of its investor education initiatives. The CMA University Challenge will be open to all continuing undergraduate students at the Universities within Kenya.
The inter-university competition aims at increasing Capital Markets knowledge base and awareness among the youth, to encourage discussions on capital markets with a view to increase the potential investor base and to leverage the academia as a key stakeholder CMA by targeting university students as potential investors.
The Grand winner will be awarded Kshs. 150,000 to buy a portfolio of shares listed at the Nairobi Securities Exchange, Visit the Securities Exchange Commissions and the Securities Exchange in a robust African country for three days. Winner’s university receives books and materials and capital markets literature worth Kshs.75, 000.
The exam registration period will be open from July 16th to 30th, 2018. The challenge will comprise of 5 stages leveraging both technology and standard forums leading to the Grand Finale in November 2018.
The stages include:
Stage 1- Elimination which comprises of an online multiple choice examination whereby the candidates of participating universities only will be required to register.
Stage 2-Scavenger Hunt Stage
The stage will also be online except that the response to the questions will require one to actually go through our website and Resource Centre Portal to locate specific information before answering the question.
Stage 3- University Presentation Stage
During this stage, the Top ten student from each participating university will make a public presentation to fellow students and judges from CMA and selected university faculty members/lecturers.
Stage 4- Semi-final stage
This will consist of the two short-listed students from each participating university who will be invited to the Authority Conference Room to present and respond to structured questions.
This will consist of the top 12 students overall who will make a 20-minute presentation to the invited public and university students from all participating universities, CMA staff and stakeholders at a Hotel in Nairobi.