IIMK Backwaters 2008
is proud to present to you, Nicks and Lessons
, a challenging and exciting online finance game.
The world of Finance is an exciting one, where stakes are high and pressure is the norm. This truism reaches new heights when you go the hedge fund way. If you've always been fascinated with hedge funds but aren't quite sure if you have it in you to make the cut, this is your chance.
Nicks & Lessons brings to you an up close view of the mechanics of hedge fund management. In this challenging online finance game, you take on the role of the founder members of a Hedge Fund, situated in an imaginary country. Your goal will be not just to outperform the benchmark but shatter all records with your hedge fund scheme.
So come all ye hedgelings, prove yourselves worthy of the challenge.
The game will take place in two phases.
The first phase
will be an elimination round consisting of a quiz held on 3rd January 2008, 2100 hours.
The second phase
will be a simulation round and will be played over a period of 5 days. It will be a hedge fund trading game using fictitious derivative instruments. The trading will be in 5 sessions from 5th January 2008 to 9th January 2008. In each round teams will have to make return maximizing investment decisions. Prizes:
First Prize: Rs 20,000
Second Prize: Rs 10,000 Timelines:
Preliminary Quiz: 3rd January 2008, 2100 hours
Deadline for submission of Answers: 3rd January 2008, 2130 hours
Declaration of Quiz results: 4th January 2008, 2100 hours Round 2:
Online Simulation game from 5th January 2008 to 9th January 2008
PFA the rules of the game
Quiz will be available for downolad at : IIMK Backwaters 2008
at 2100 hours on 3rd January 2008. Mridul