10-year winning streak continues as UB MBA students grab first place at the Connecticut Stock Market Competition
They did it again.
For the tenth year in a row, a team of MBA students from the University of Bridgeport has medaled in the Connecticut Stock Market Game in which competitors invest a hypothetical $100,000 over ten weeks and strive to out-perform both each other as well as the overall stock market, as measured by the Standard & Poor’s 500 Index.
The competition is held each fall and spring, and is sponsored by SIFMA Foundation for Investor Education.
During the fall 2014 competition, the UB students beat 24 other teams by parlaying their hypothetical $100,000 into $113,139.20. That was enough to outperform the S&P 500 by 11.39 percent. (Their closest competitor finished with $110,313.10 and beat the S&P by 8.56 percent).
Students Sabreen Al Rohd, from Iraq, Selenge Narankhuu, from Mongolia), and Nikki Pei Liu, from China — 2014 graduates of the University’s English Language Institute and current MBA students – were advised by Professor Steven Rashba.
“Although the winning streak is a welcome additional benefit,” said Rashba, “UB teams participate in the competition to teach students about investments in a hands-on manner and to help foster teamwork and English communication skills.
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