Finance students in the past have participated in national student competitions. They are a great opportunity to practice and further your knowledge and skills you learned in the finance program at PSU. Because not all of you are finance major, grading will be generous as long as you follow the instructions (e.g., number counts for answers). In addition, it’s not a technical assignment. It’s an opportunity to look back and evaluate what you have learned, how they can be useful, and what else you should learn. Remember you chose finance as your major because you like something about finance. Follow your passion and keep learning what excites you, and you will have a bright future ahead of you. This is the last assignment of this course. Thank you for working hard in this course for the past 7 weeks.
Q1 What is the title of the finance student competition you may consider competing? Hint: You may Google search something like “student competitions in finance”. The title of the Institutional Investor All-American Student Analyst Competition.
Q2 Describe the eligibility requirements, if any (e.g., undergraduate college student). The main population of the competitor are undergraduates from about 40 different schools. The only real eligibility requirement is being a undergarduate sudent.
Q3 What are the competition criteria? The criteria is that the competitior will be given a portfolio with 100k. The participants would trade the 100k and see how they do.
Q4 What is the deadline for the submission? The deadline for the submission was about 6 years ago, in 2014. The competiton is over now.
Q5 Why are you interested in this competition? I am intersted in this competiton because of the interesting dynamic of being given 100k and having to make trades until victory. The competition would be very interesting to try and win.
Q6 What would be a possible project you may turn in for the competition? Describe it in at least 100 words. In this situation, I would have to try to make as many small trades at first. If I can pitch several lower rate companies and sell them for a moderate price I will be able to make a large fast income. With the income that I made before anyone else I would buy the highest valued company and hold out until someone would pay me a significant price for it. From there I will continue to make small purcahses to etch out whoever has the highest valued company.
Q7 List things that you learned in financial modeling course that could be helpful for your project in Q6. Describe it in at least 100 words. The things that I have learned in financial modeling that would be useful for the institutional All America Student Analyst Competiton would be the uploading power of R Studio, I would view the stock history of various comapnies I could invest in such as amazon, google, facebook. I would also calculate the companies that have had a great rise of worth and invest in them during the beginning of the competiton.
Q8 List things that you learned in other finance courses at PSU that could be helpful for your project in Q6. Describe it in at least 100 words. With the other finance classes I’ve learned at PSU I would most definetly say that I have a very good understanding of the ways to manage a businesses expenses, I also understand how to check for different possible threats to the bottom line. I understand what overhead expenses is, the difference between an asset and a liability, the importance of profit margins and if there are any hidden fees that could destroy a company.
Q9 Check the finance blog below and see if you see any post that may be helpful for your project in Q6. Discuss how it can be helpful in at least 100 words. Hint: The author of the blog writes articles on financial analysis using R. https://rviews.rstudio.com/categories/reproducible-finance-with-r/
After checking the link and trying to discover something that would be able to help me in question 6 I found that there are many pages that have various comapnies return rates and other companies that have made a decent profit or will have a strong return once they are traded. This link holds a significant amount of works with great, informational resources.
Q10 List things that you think could be helpful but not taught/offered at PSU finance courses. Discuss how it can be helpful in at least 100 words. It would be very helpful if there was not a pandemic that limits us from being able to fully utilize the professors that we have in person. The other issue in this class is the not in person tutorials on how to use Rstudio. In recent years it was simply to be able to go to class and follow the in person instruction that were provided. If PSU had some kind of financial consulting class I would be very likely to take it.