Students of the Faculty of Economics & Business - Zagreb, Katarina Mitrović, Tea Logožar, Josip Halužan and Filip Špiranec, under the guidance of a mentor Stjepan Zelić, also a student from the Faculty of Science, participated in the 3rd Rotman European Trading Competition. In the fierce competition of 39 teams from 31 countries, they won a splendid 9th place and were the best in the case of the European Investment Bank Interest Rate Case. This is the second time that Croatia has a representative, and both times, the students of the University of Zagreb recorded placement in top 10.
The competition was held in Rome from August 23 to August 25, 2018 at the LUISS Guido Carli Roman University. That is actually a simulation of trading on financial markets organized in collaboration with Rotman School of Management of the University of Toronto. This year, participated 156 students in 39 teams from 31 countries across Europe. The competition lasted for three days during which the participants solved five case studies:
1. Quantitative Outcry Trading Case, in which the participants traded on so-called “trading floor” scouring sales and purchasing prices as on the stock exchange,
2. ENEL Electricity Case, where the goal of the team work was to produce, trade and distribute electricity,
3. Intesa Sanpaolo Liquidity Risk Case where the emphasis was on liquidity through trading of 4 types of shares,
4. Credit Risk Case tested the knowledge of Altman's Z Score in corporate bonds that required the development of a mathematical model and
5. The European Investment Bank Interest Rate Case in which competitors had to interpret economic news and their impact on the price movements of European bonds.
The title of the best was taken by the students of the University of Warsaw; BI Norwegian Business School was in second place, while the third was Stockholm School of Economics students in Riga.
In addition to good team work and knowledge on trading, economic trends and financial markets, a dose of creativity and speed was also required of the contestants. The Puzzle Contest asked of participants to put together a jigsaw puzzle of mixed puzzles by trading them. Through the Social Media Challenge it was sought the most creative picture in front of Roman sights. In both cases, the Croatian team was the best and picked up the sympathies of all the participants.
For Croatian students this was not the first contact with competitions of this type. Namely, Špiranec was a part of the Rotman team two years ago and part of the conceptual initiators of the Croatian version of the trading competition, the University Trading Tournament, which has been held for four years in the organization of the Student Association's Financial Club. For two years, Logožar has participated in the organization of the University Trading Tournament, for which was awarded by the Rector’s and Special Dean’s Award, while Mitrović and Halužan achieved remarkable results in the aforementioned competition. Students are also the former or current members of the Financial Club Association, the only specialized student finance association at the University of Zagreb.
The competition was held in Rome from August 23 to August 25, 2018 at the LUISS Guido Carli Roman University. That is actually a simulation of trading on financial markets organized in collaboration with Rotman School of Management of the University of Toronto. This year, participated 156 students in 39 teams from 31 countries across Europe. The competition lasted for three days during which the participants solved five case studies:
1. Quantitative Outcry Trading Case, in which the participants traded on so-called “trading floor” scouring sales and purchasing prices as on the stock exchange,
2. ENEL Electricity Case, where the goal of the team work was to produce, trade and distribute electricity,
3. Intesa Sanpaolo Liquidity Risk Case where the emphasis was on liquidity through trading of 4 types of shares,
4. Credit Risk Case tested the knowledge of Altman's Z Score in corporate bonds that required the development of a mathematical model and
5. The European Investment Bank Interest Rate Case in which competitors had to interpret economic news and their impact on the price movements of European bonds.
The title of the best was taken by the students of the University of Warsaw; BI Norwegian Business School was in second place, while the third was Stockholm School of Economics students in Riga.
In addition to good team work and knowledge on trading, economic trends and financial markets, a dose of creativity and speed was also required of the contestants. The Puzzle Contest asked of participants to put together a jigsaw puzzle of mixed puzzles by trading them. Through the Social Media Challenge it was sought the most creative picture in front of Roman sights. In both cases, the Croatian team was the best and picked up the sympathies of all the participants.
For Croatian students this was not the first contact with competitions of this type. Namely, Špiranec was a part of the Rotman team two years ago and part of the conceptual initiators of the Croatian version of the trading competition, the University Trading Tournament, which has been held for four years in the organization of the Student Association's Financial Club. For two years, Logožar has participated in the organization of the University Trading Tournament, for which was awarded by the Rector’s and Special Dean’s Award, while Mitrović and Halužan achieved remarkable results in the aforementioned competition. Students are also the former or current members of the Financial Club Association, the only specialized student finance association at the University of Zagreb.