Two learners from Coleg y Cymoedd beat thirty-six other teams to pick up first prize at a simulated Global stock challenge at Cardiff Metropolitan University.
Learners Anthony Samuel from Church Village and Jonathan Land from Rhiwbina, Cardiff who are studying Level 3 Extended Diploma in IT at the college competed alongside other colleges and sixth forms to face dynamic quick changing world scenarios. The challenge involved reacting swiftly to events to keep the value of their shares.
Four teams of two students from Coleg y Cymoedd took part in the competition to trade in a simulated Global stock market Challenge being held at Cardiff Metropolitan University in collaboration with First Campus.
The players worked in pairs on two linked screens: one for the Investment Analyst and one for the Media Analyst. Their task was to increase the value of their team's starting fund by buying and selling shares in twelve companies and three commodities.
Alongside ferocious practice all teams representing Coleg y Cymoedd received mentoring from a representative from HSBC. Overall the teams scooped 1st, 4th, 6th and 7th place ensuring that all four teams made the top ten.
Learner Jonathan Land said: “Not only was it an enjoyable and fun experience it also helped me improve my verbal communication, team working skills and also money management which I will really need as I head off to Exeter University in the Autumn!”
Tutor Libby Williams said: “What a fantastic event to be involved in! All the students gained tremendously from the day, not only learning about the fast-paced world of investment markets but also the importance of team work, problem solving and analysing data. These are valuable transferable skills that employers are calling out for. I am immensely proud of their efforts; they were a credit to Coleg y Cymoedd.”
Tutor Barbara Hayman said: “My Year 1 students who took part in this event were delighted to be placed in the top 10 out of the 37 college and sixth-form teams that took part. I too am very proud of their achievements.”
The winners will now visit the Faculty of Business at Treforest Campus, University of South Wales for a workshop in their Trading Room.