As a part of the objective to inculcate financial awareness amongst students, ICICIdirect Centre for Financial Learning has launched StockMIND, a unique competition designed to help students learn nuances of investing in the live stock market by using virtual money.

The preliminary rounds of Stock-MIND 4 concluded on March 4, 2016, and the winners from all the colleges entered the Grand Finale which was scheduled between March 14–22, 2016. The winner of the Finale bagged the grandprize of Rs1 lakh. The first runner-up and second runner-up received a cash prize of Rs 50,000 and Rs 25,000 respectively. This year to boost the participation of women, another category was introduced, under which the winner in the female category received a cash prize of Rs 5,000. Besides the cash prizes, and scholarships other exciting prizes were also offered to the students at every stage of the game. StockMIND Season 4 had lot of new additions including a section on personal money management which teaches students the basics on money management, and an option to trade in derivatives for those who want to learn them.

olmdesk@outlookindia.com