Other Initiatives -StockMIND
ICICIdirect Centre for Financial Learning launches StockMIND Season 6 with National Institute of Securities Markets as Certification Partner
StockMIND:
StockMIND is India’s biggest Virtual Stock Market competition for students aimed at educating the youth on investing in the stock markets. It’s a nationwide initiative that allows students to understand the nuances of stock investing in an easy, exciting and risk-free manner and has been featured as a ‘Largest Competition on Stock Investments’ under Business section of 2016 edition of the Limca Book of Records.
StockMIND – The quest for the best budding investor’ started in 2012 as a national stock trading competition for college students and since then its popularity with colleges and students has grown tremendously. It has now become a yearly National level Inter-college competition to help students hone their skill sets as well as promote a smart investing habit among youth. ICICIdirect Centre for Finance Learning reaches out to thousands of students through several leading colleges in India. Since the objective of the game is to help students understand the equity markets, the whole competition will be played with virtual money on a proprietary platform developed by ICICIdirect Center for Financial Learning called Virtual Stocks. Each participant gets Rs 15 lacs of virtual money and can invest without the risk of losing any real money through Virtual Stocks.
StockMIND is held in two stages – post-graduate students participate in StockMIND and the graduate students participate in StockMIND Grads. Five seasons of StockMIND has seen participation from lakhs of students from varied disciplines like engineering, management, commerce, science, etc.
Why should you participate?
StockMIND aims to provide students with a platform to develop and sharpen skills that are highly valued in any industry. StockMIND is beneficial for students from all streams. By participating in StockMIND; students get to learn many professional skills that are crucial in today’s competitive corporate world. Thus the event has seen a subsequent rise in its popularity every season, as it helps the students to hone some of the essential skills like analytical skills, critical thinking, decision making and calculated risks.
Most importantly, the StockMIND will help you develop positive financial habits and prepare you for your future. And you can win attractive prizes at every level.
Competition Format:
The competition comprises the following rounds:
- College Round: Individuals from a particular institute compete amongst each other for a berth in the National round.
- National Round: All those qualifying for the National Round compete against each other in the grand finale
Rewards and Recognition:
National Round:
Cash Prizes:
For Post-Graduate Students | For Graduate Students |
Winner: 1 lakh 1st Runner: 50,000 2nd Runner: 25,000 Winner in Women Category: 10,000 | Winner: 50,000 1st Runner: 25,000 2nd Runner: 15,000 Winner in Women Category: 10,000 |
Recognition and Other Prizes:
Winner, 1st Runner up, 2nd Runner up along with the Women winner in each category gets a chance to appear on the television when they are called for the prize distribution ceremony to Mumbai. The prize distribution is covered by television partner. Certificates are given to all the winners of the national round. The winner of both the categories is given an all-expense trip for two to an international destination by the gifting partners.
College Level:
Apart from the cash prize to winners at the national level, ICICIdirect Centre for Financial Learning also gives prizes which are offered by gifting partners at the college level and national level.
- Students receive prizes on registration and trading
- Winners of the college round receive prizes from the gifting partner along with certificates
- e Certificates are given to all the participants of StockMIND
To know more about StockMIND , CLICK HERE