A team from QE has reached the regional finals of a prestigious student investment competition. The team, made up of boys from Year 11 and called Beyond Infinity 2, finished in the top 20 in the South East Region of the IFS Student Investor Challenge.
The competition is a UK-wide investment game for students with a top prize of a trip to New York. Each team invests a virtual £100,000 in the stock markets with the aim of out-performing their rivals.
From a hugely competitive field of 7,460 teams, three teams from QE were placed in the top 175 nationally. Two QE teams finished in the top 20 of the South East Region, but with only one place per school available in the regional final, QE’s Vortex team were eliminated.
The Beyond Infinity 2 team, comprising Vishal Davda, Deversh Seth, Arran Patel and Ameet Shah finished 33rd in the whole competition and 15th in the South East region, displaying impressive market ‘savvy’ by increasing their portfolio from £100,000 to £116,343.94 over the three-month period of the initial competition. The Vortex Year 10 group, consisting of Richard Cheung, Pranay Shah, Jerry Yeung and Aneek Shah, increased their portfolio from £100,000 to £114,542.73, finishing 52nd in the whole competition and 20th in the South East region.
At the regional finals on 10 March in the City of London, the teams will be put through their paces with a series of tough questions. The teams who can demonstrate secure business knowledge will progress to the national final in late April.