Polytechnic students win simulated stock market contest

• For six weeks, more than 8,500 students from public and private institutions applied their knowledge in a simulated stock market.
• Students from the Escuela Superior de Economía (ESE), and a teacher from the Escuela Superior de Comercio y Administración (ESCA), Unidad Tepepan, won the first three places in the contest.

To promote financial literacy and apply skills and knowledge in a simulated stock market that operates in real time, the fourteenth edition of the Actinver Challenge was held, where two students and a teacher from the Instituto Politécnico Nacional (IPN) won the first three places in the contest.

The polytechnic students competed with more than 8,500 participants from public and private universities, of which 1,800 were from the IPN. For six weeks and through an educational platform, participants had access to courses, workshops and conferences on personal finance, stock market and financial culture taught by experts from the Mexican Stock Exchange (BMV), Actinver and other financial institutions.

The winners of the challenge were Jorge Daniel Montes de Oca Vázquez, sixth semester student of the Escuela Superior de Economía (ESE), who won first place; eighth semester student, also from ESE, José Maximino Montiel García, second place; and Ramón Cerecedo Chagoya, from the Escuela Superior de Comercio y Administración (ESCA), Unidad Tepepan, who won third place. All of them received a diploma and an economic stimulus.

The winning polytechnic students expressed satisfaction with the results obtained in the contest and said that this experience motivated them to continue preparing themselves in the financial sector.

For six weeks they applied the knowledge acquired in the classroom and demonstrated the quality of education that is taught in the IPN, as it provides the necessary tools to compete with other educational institutions.

The participation of the polytechnic community in this contest was free of charge, as it was part of the collaboration agreement between the Comisión de Operación y Fomento de Actividades Académicas (COFAA) of the IPN and Actinver, with the purpose of promoting financial education among the members of this house of studies.

Actinver is a Mexican investment bank that, for 14 years, has been organizing the contest to promote financial culture and dissemination of the stock market among society, through education, training, guidance, and analysis of its participants.

The Actinver Challenge is a skills contest where participants buy and sell shares and investment funds of companies listed on the stock market, through a simulated platform of the BMV that works in real time for the duration of the contest.