KUCHING: Recently, a total of 63 undergraduates from 12 universities nationwide competed in the Young Investors Challenge (YIC) 2022, organised by Swinburne University of Technology Sarawak Campus’ Bursa Young Investor Club (BYIC) for the second time.
The challenge was held on August 13 followed by the final round, which took place on August 27.
YIC 2022, a team-based virtual quiz and case study competition themed ‘Green Finance’, aimed to enhance participants’ perceptions of the capital market and financial products, offer essential investing knowledge, provide a thorough understanding of green finance and expand participants’ financial knowledge in relation to the United Nations Sustainable Development Goals (SDGs).
The topics covered in the challenge were fundamental theories in stock markets, green finance practices, financial management, risk management and other investment related topics.
Emerging as champion of YIC 2022 and winning a cash prize of RM900 was Team FINS from Sunway University, which comprised members Lim Wei Shuen, Alexander Teo Wei Syuen and Joyce Ang Kye Wei.
The leader of Team FINS, Lim, said YIC 2022 was a tough challenge as ESG is a completely new topic to the team.
Nevertheless, the huge learning curve enabled her and the team members to learn and gain a deeper understanding in the world of finance.
A special prize was also awarded to XMUM Alpha from Xiamen University
Malaysia, consisting of members Griya Loani Abira Sukma, Janice Claresta Setiadi and Stephanie Salim. The team took home a cash prize of RM200.
Organising chairperson Phoebe Li Yun Qin said the selection of the theme ‘Green Finance’, which is related to SDG 8 ‘Decent Work and Economic Growth’, was based on increased public concern towards global green finance issues. She believed that YIC 2022 could enhance participants’ perceptions of green finance.
In the closing remarks, Dr Fung Chorng Yuan, Acting Dean of Swinburne Sarawak’s Faculty of Business, Design and Arts, said that the challenge was a good platform for participants and committee members to network and that they would benefit them in the future when seeking job opportunities.
He also hoped that the challenge could be held again next year in the form of a physical event.
For more information on Swinburne Sarawak, visit its website
www.swinburne.edu.my, Facebook page @swinburnesarawak, Instagram
@swinburnesarawak, Twitter page @Swinburne_Swk or YouTube channel Swinburne Sarawak.
