For some it’s a hobby; for some it’s a profession; for some, it’s a game of chances; and for some it’s just outright gambling. For us, it’s neither all nor none – but it’s the one thing we cannot live without…!
Do you share our passion? Do you have what it takes to outsmart the street? If YES, then Beat The Market is The Event for you.
Welcome to Beat The Market, IIM Indore’s premier Stock Market Simulation Event conducted by Voyage Capital, the in-house investment club of IIM Indore – the event will test participants’ knowledge, investor skills, insight, temperament, guts & much more!! So put on your trading hats and show us what you’ve got - Coz to Beat The Market, you’ve got to beat the best!!
Beat The Market (BTM) is a national competition under Iris, management festival of IIM Indore. It is a platform for trading enthusiasts to show their skills and try to outsmart the street. BNP Paribas was the title sponsor for 2013. It was successfully organized in collaboration with BNP Paribas in Ahvan 2013 and got response from over 700 participants.
If the roaring of bull and the downbeat of bear gives you a jittery ride, we challenge you to Beat this Market.Can you?
Round 1: Quiz Round
A comprehensive quiz testing participants on the current macro-economic trends, world markets, investment instruments, trading strategies, investment models...anything and everything to prove their mettle as an ace trader! The participating teams will be sent a different set of Question Paper (Password protected file – Password to be shared on BTM fb page, VC Fb page, email).
Skills Tested: General Awareness, Working knowledge of the stock market
Round 2: Analysis Round
Decide the number of participating teams to be allowed to proceed to round 2. About 4-5 midcap stocks are given to the participants. They can choose a stock and send in the buy/sell/hold recommendation along with rationale (fundamental, technical, etc.)
Round 3: Trading Round
Top 40/50 teams are selected and each were given a separate trading account. A 5-day battle to see who can “Beat The Market”.
ü Participants will have a total Corpus of 25 lakhs. They can use it to buy and sell over the period of 5 days. They need not sell the stock they bought on the same day, it can be carried forward over the 5 day period
ü Only 10% of the corpus can be traded on a single stock
ü Brokerage of 0.05% will be charged on every transaction executed
ü All buy and sell transactions cannot exceed the actual volumes in the market.
ü All the rules and regulations pertaining splits and bonuses, must be followed.
ü Short selling is allowed only for NSE stocks above Rs 20.
ü For short selling, one needs to buy back before the market closes or the stocks will be squared off.
Skills Tested– Fundamental and technical analysis of stocks.
Register your team by: November 5, 2014
1st Round: November 8, 2014
2nd Round: November 8, 2014
3rd Round: November 10, 2014 - November 14, 2014
Team Size: 2 or 3 participants per team
Cash / Cheque of INR 10,000. 1st Prize: Prizes worth up to 10,000 Rs
Cash / Cheque of INR 5,000. 2nd Prize: Prizes worth up to 5,000 Rs
Cash / Cheque of INR 2,500. 3rd Prize: Prizes worth up to 2,500 Rs