Final round of “Stock Pitch” competition held in Oil Fund

31 May 2019
Final round of “Stock Pitch” competition held in Oil Fund

  The final round of "Stock Pitch" for the students was held in the State Oil Fund of the Republic of Azerbaijan (SOFAZ) on May 30 in accordance with the action plan implemented within the framework of the Fund’s 20th anniversary.

    63 teams from 11 universities applied for the competition. Four out of 8 teams, who had opportunity to take part in the semi-finals held on May 24, were eligiable to participate in the final round. During the competition, the presentations, investment choices and analytical skills as well as preparations for the question-answer section of the teams were assessed by jury.

    By the decision of the jury, "Stockholmers" team (Baku Engineering University) won the competition. The teams "Blue Chip" (Azerbaijan State Economic University) and Intangibles (Khazar University) took the second and third places, accordingly. The presents are 5000 AZN for the I place, 3000 AZN for the II place and 1000 AZN for III place. Alongside with this, the members of the final round teams were awarded certificates, and the selected participants got opportunity to take a 1-month internship at the relevant department of SOFAZ.

   "Stock pitch" is a summary of the stock investment idea. Participants were expected to pick a stock conforming to instructions for a stock selection, perform qualitative and quantitative analysis on that stock, and craft a persuasive pitch.

 

Final round of “Stock Pitch” competition held in Oil Fund

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