ICICIdirect Centre for Financial Learning Launches StockMind Season 3

ICICIdirect Centre for Financial Learning (ICFL) today announced the launch of StockMIND – Season 3, a virtual Stock Market competition for college students. StockMind is aimed at demystifying investments in equity and promote investment habits among the youth in India. In its third successful year, StockMind is one of the largest inter-college competitions held in India in the financial services sector.

Since its launch in 2012, over 1,10,000 students from more than 800 colleges across varied disciplines like engineering, management, commerce and science have participated in the StockMind competition, making it one of the most awaited National inter-college competition of its kind.

StockMind – Season 3 has already seen registrations from over 400 colleges across India. This includes over 150 graduate colleges and over 250 Post Graduate colleges. This year, premier colleges like IIMs, IITs, Xavier’s and many more have enrolled their students for this event. StockMIND Season 3 has also drawn good participation from Tier 2 and Tier 3 cities across India.

“ICFL strives to provide easy access to quality financial education across India through innovative means. For us, StockMIND is an important endeavour to build the necessary skills required to invest in the equity market. We are very excited to see the enthusiasm of participants both from Graduate and Post Graduate colleges and look forward to reach out to new colleges across the country,” said Neeraj Joshi, Head – ICFL, ICICI Securities Ltd.

ICFL will reach out to thousands of students through several leading colleges in India. 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 gets Rs 15 lacs of virtual money and can invest without the risk of losing any real money through Virtual Stocks. The winner from every college will participate in the national round and the winner of national round will bag the Grand Prize of Rs 1 lakh. The first runner-up and second runner-up winners would receive a cash prize of Rs 50,000 and Rs 25000/- respectively. Scholarships and other exciting prizes are also planned. StockMIND will be held into stages - post graduate students will participate in StockMIND, the graduate students will participate in StockMIND grads.

About ICICIdirect Centre for Financial Learning:

ICICIdirect Centre for Financial Learning (ICFL) is an initiative of ICICI Securities set up with an objective of simplifying financial knowledge and increasing financial literacy amongst prospective or experienced investors & knowledge seekers. Various knowledge and certification programs on Stock Investing, Derivatives, Mutual Funds, Financial Planning, Wealth Management are offered by ICICIdirect Centre for Financial Learning. ICFL conducts training programs in over 50 cities across the country to empower retail investors to take informed decisions on their investments.

ICICIdirect Centre for Financial Learning has been conferred with the Award for Innovation in Learning and Best Online Learning Solution at the World Education Congress. It also won the Emerging Brand Award at CMO Asia in Singapore.