SAN ANTONIO – A senior finance major from Mongolia took first place in the UIW campus-wide StockTrak Investor Challenge, hosted by the H-E-B School of Business and Administration.
Khurelbaatar Purev was honored at an award ceremony Jan. 24, 2018 in the Mabee Library Auditorium. He was unable to attend as he had already returned to Mongolia.
Utilizing StockTrak's state-of-the-art simulation software, competitors are given a $1,000,000 virtual investment portfolio. The student who grows his or her starting portfolio the most during the three-month competition is the winner.
Competition director and HEBSBA finance faculty member, Dr. Tim Griesdorn, said 50 students competed during the fall semester.
Purev, who had a 30 percent return on investment during a 60-day period of the competition, took first place and a $500 prize. He plans to use the winnings to sit for his Chartered Financial Analyst (CFA) designation and to apply for graduate school. He was a member of the Student Managed Fund while at UIW.
The second-place winner, management major Abdulaziz Towairqi, was in attendance at the Jan. 24 ceremony. He used his knowledge and interest in technology companies to earn a $300 prize in the competition. Third-place and a $100 prize was awarded to Anoop Kurian, an economics major.
The H-E-B School of Business congratulates the competitors on their hard work and dedication to the StockTrak Investor Challenge.