Korea Exchange 16th National University Student Securities and Derivatives Competition Held

Sponsored by the Financial Services Commission... Competing with Research Proposals
Prize Money Up to 10 Million Won

[Asia Economy Reporter Minwoo Lee] The Korea Exchange is hosting a competition where university students compete with ideas related to securities and derivatives products.

On the 24th, the Exchange announced that it will hold the "16th National University Student Securities and Derivatives Competition" sponsored by the Financial Services Commission. The purpose is to provide university students with an opportunity to understand the capital market and to discover outstanding talents necessary for the development of the capital market. This event has been held continuously since 2005.

Any undergraduate student enrolled in a four-year university nationwide can participate. However, teams must be composed of one faculty advisor and four students. By November 25, participants must submit a research proposal of up to 10 A4 pages on the theme of the development of securities and derivatives products through the competition website. On December 16, 10 teams advancing to the finals will be announced, each receiving 1 million KRW in research funding. The finals and announcement of the final winners will take place on February 18 of the following year.

The winning teams will be selected through preliminary review of research reports, presentations, and Q&A sessions. One team will receive the Grand Prize, awarded with a commendation from the Financial Services Commission Chairman and a scholarship of 10 million KRW. Two teams will receive the Excellence Award, with a commendation from the Korea Exchange Chairman and scholarships of 6 million KRW each. Three teams will receive the Encouragement Award, with a commendation from the Korea Exchange Chairman and scholarships of 4 million KRW each. Four teams will receive scholarships of 2 million KRW each for honorable mention. The award ceremony is scheduled for early March of the following year.

An official from the Exchange explained, "The schedule may change depending on the COVID-19 situation," adding, "The finals may be conducted through remote paper evaluations."

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