Bowie State University/Morgan State University Stock Market Challenge – 2023

Bowie State University (BSU) and Morgan State University (MSU) is pleased to announce a new experiential learning stock market challenge and financial literacy program for students to acquire valuable lessons in savings and investing.

The challenge is open to all students, not just business majors.  

The MSU/BSU 2023 Stock Market Challenge and Financial Literacy Campaign is an exciting, educational, and competitive event for all students and schools. The purpose of this event is to shine light on the pressing need for financial literacy, savings, and investing education.

The challenge’s top 3 student winners will be awarded as follows:

  • 1st Prize = $4,000
  • 2nd Prize = $3,000
  • 3rd Prize = $2,000

Winners will be determined based on their overall positive portfolio performance, following the rules, and timely completion of the built-in Personal Finance curriculum.  See the Official Rules Below.

Click the button below to register.

Click Here To Register

Benefits of Participating in the Challenge

  • Understanding the financial market
  • Learning diversification and investment strategies
  • Understanding the money management and risk management techniques
  • Improves your critical thinking
  • Resume booster
  • Opportunity to work in a financial or investment firm.

Official Rules

  • The challenge is free and open to all students currently enrolled at Morgan State University and Bowie State University in the Fall 2023 semester.
  • Students may only enter once with an active student email address and proof of enrollment if declared a winner.
  • Registration opens Monday, September 18th, 2023, and closes at 11:59 PM ET October 13th, 2023.
  • The Competition begins Monday, October 2nd , 2023, and will run through 11:59 PM ET on Friday, December 8th, 2023.
  • Students will start with a virtual $100,000 in virtual cash.
  • Student can trade U.S. stocks and ETFs.
  • There will be a position limit enforced so students cannot invest more than 10% of their money in any one security.
  • All participants will be required to use the website’s trade journal feature to document their decisions for making their trades.
  • Day trading, short selling and buying on margin are NOT allowed.
  • To be declared a winner, participants MUST
  • Have a positive portfolio return greater than their $100,000 beginning cash balance provided.
  • Placed a minimum of 20 trades during the event.
  • Must have placed trades in October, November and December. If you have not placed a trade in the aforementioned months, you cannot win.
  • Must use the Trade Journal feature to document decisions for making trades.
  • Complete all the Personal Finance Lessons by 11:59 PM ET on Friday Dec 8th, 2023 (examples of lessons listed below).
  • Provide a valid phone number and respond if you have been declared a winner of your acceptance within 72 hours of notification of an award.
  • Provide proof of attendance at Morgan State and Bowie State participating school.
  • Students must agree to supply a photo and be available for a recorded interview to be made public as the organizing committee deems appropriate.
  • Not completing part of the requirements will disqualify you and the organizing committee shall go in descending order to award winners.
  • The organizing team shall be the final authority with respect to winners, awards, and distribution of prices.
  • The audit team will declare the winner 7 business days after the competition ends.
  • Mandatory Personal Finance & Financial Literacy Assignments
  • Personal Finance Lessons will include:
    • What is a Stock?
    • Getting and Understanding Stock Quotes
    • Why Invest in Stocks?
    • Managing Your Portfolio
    • What Is an ETF?
    • Investing Strategies
    • What is an Income Statement?
    • What is a Balance Sheet?
    • What is a Cash Flow Statement?
    • Budgeting and Spending Strategies
    • Building Wealth
    • Preparing for Spending Shocks
    • Planning Long Term Purchases
    • Good Debt, Bad Debt

Thank you to our sponsors:

T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on—now, and over the long term. Headquartered in Baltimore, Maryland, the firm provides an array of mutual funds, subadvisory services, separate account management, recordkeeping, and related services for individuals, advisors, institutions, and retirement plan sponsors.

Campbell & Co. (‘Campbell’) specializes in applying unique macroeconomic insights in a multi-style, quantitative investment framework. As an industry pioneer, Campbell has analyzed the relationship between macroeconomic drivers and asset prices to identify and exploit opportunities that are further refined with reference to trend following, systematic macro, short term and quantitative equity strategies. These proprietary strategies draw on a disciplined research process and diversified risk approach which has attracted allocations from institutional investors worldwide. A Baltimore (MD) based firm, where two thirds of Campbell’s employees are investment professionals, with more than 50% having been at Campbell for ten years or more.

Each year, Stock-Trak serves more than 1,000 professors and their 75,000 business school students through its flagship website: www.StockTrak.com. Additionally, more than 82 percent of the top U.S. business schools have turned to Stock-Trak to complement their finance curricula with its practical learning software in the classroom and in finance labs.