NH Investment & Securities Hosts 'Big Data Competition' with Total Prize Money of 50 Million KRW
Applications open until the 31st of next month... Open to all university and graduate students
[Asia Economy Reporter Kum Boryeong] NH Investment & Securities is hosting a big data competition.
NH Investment & Securities announced on the 3rd that it will hold 'Data, Becoming Culture.'
This competition is an event where participants freely analyze data according to the theme presented by the organizer within a limited period and make it practically usable.
Any university or graduate student can participate individually or as a team of up to three members. Applications can be submitted through the NH Investment & Securities website or via the QV and Namu mobile applications. The application period is from today until the 31st of next month.
Participants can choose one of two leagues using the data released on the 23rd. Preliminary results must be submitted by the 31st of next month.
The first league is 'AI, Find the Real News!' It is an AI algorithm development competition to detect and remove advertising phrases hidden in articles. The theme is designed to provide stock investors only with the news they want.
The second league is 'Y&Z Generation Investor Profiling Analysis.' As investment by the millennial generation is increasing, this league analyzes their investment characteristics and trading patterns. The results will be used for financial service development.
One hundred teams will advance to the finals. Then, through a report competition, 25 teams will be selected. A final showcase will be held for the top seven teams, and the final rankings will be confirmed on February 26 of next year.
The grand prize will be awarded to one integrated team with 10 million KRW, two excellence awards will be given 5 million KRW each, four encouragement awards will receive 3 million KRW each, and 18 honorable mentions will be awarded 1 million KRW each. The total prize money amounts to 50 million KRW. All 100 teams that pass the preliminaries will receive an investment support fund of 50,000 KRW per person for overseas investment experience.
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Teams winning the grand prize or excellence awards will be exempt from the document screening process when applying for employment at NH Investment & Securities within the year. They will also have the opportunity to participate in an experiential internship.
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