ICICIdirect Centre for Financial Learning launches StockMIND Season 4

MUMBAI: ICICIdirect Centre for Financial Learning (ICFL) on November 19 announced the launch of StockMIND Season 4. As per the brokerage, the third season of the virtual stock market competition for college students saw more than one lakh participants from over 620 colleges. More than 60% participants in StockMIND Season 3 were from tier 2 and tier 3 cities across India, it said.

ICFL launched StockMIND Season 4 with a range of new features. Since the objective of the game is to help students understand the equity markets, the whole competition will be played with virtual money on a proprietary platform developed by ICFL called Virtual Stocks. Each participant has the opportunity to invest Rs 15 lakh of virtual money on the Virtual Stocks platform.

This year the winner from every college will participate in the national round and the winner of national round will bag the prize of Rs 1 lakh. The first runner-up and second runner-up will receive a cash prize of Rs 50,000 and Rs 25,000 respectively.

The competition will be held in two stages, with postgraduate students participating in StockMIND and graduate students participating in StockMIND Grads. The college of the national winner for both the categories will receive a rolling trophy.

To encourage participation from female students, there are special awards for women at every stage and the winner in the female category will get a cash prize of Rs 5,000 in the national round.