‘Stock Market Challenge’ 2016

On Wednesday 2nd March Grosvenor’s William Moles Hall played host, for the second consecutive year, to the Belfast regional section of the province-wide 'Stock Market Challenge’, welcoming teams from in excess of twenty-five schools from across the greater Belfast area.

The competition saw each team, including one made up of five form four pupils representing Grosvenor, given shares to invest before roles were assigned across the group, namely: buyer, seller, financial manager, media analyst and investment analyst. From here the challenge was divided into segments of thirty minutes, with each segment representing a different day of the week. During each of these segments every team was required to work off a hypothetical stock exchange containing a shortlist of imaginary companies. In addition, information was broadcast on a giant screen every five minutes, transmitting news regarding each of these companies, which the media analyst would then use to inform his decisions regarding which companies represented the best investments.

Despite the best efforts of the GGS team, comprising Jasmine Chambers, Dylan Toner, Lydia Anderson, David Wilgar and Jamie-Leigh Drennan, their section was eventually won by the team from Rathmore Grammar, while Christian Brothers Grammar School and Portadown College also prevailed as victors in the province’s other two sections.

The programme of live events and online competitions, now in its seventh year, is a joint initiative managed by the Department of Education and Invest Northern Ireland in partnership with Global Investor Simulations and Young Enterprise Northern Ireland.  The event enables students to apply their knowledge of maths, business and computer science, and helps them to develop their communication, problem-solving, decision-making, teambuilding and negotiation skills. 

The programme offers a unique engagement opportunity between schools and local companies and aims to help students leave school or university prepared for the world of work with the capabilities and confidence to handle future higher education and career decisions.  The initiative also supports the local financial services and IT sectors in their need to create a world-class competitive workforce.  

Despite Grosvenor’s failure to win on the day, the experience for its team members was extremely positive, with some members describing it as simultaneously “stressful”, “fun” and “exciting”.

Well done to all involved in the successful running of this year's event and we look forward to following Grosvenor’s participation within it again next year.

Grosvenor's participants in this year's Stock Market Challenge (from left to right): Jamie-Leigh Drennan, Lydia Anderson, David Wilgar, Dylan Toner and Jasmine Chambers.