Virtual Stock Of IIT-Bombay To Be Nationalized

IIT-Bombay's Entrepreneurship Cell, thanks its students. Any college student from across the nation, with irrespective of his or her education stream, can now sign up for Virtual Stock Market which is an online game with prizes worth Rs.1 Lakh.

Belonging to the IIT-B E-Cell Radhika Geol said “Virtual Stock Market has always been a hit on campus. But making it national is a big step for us. We are proud that our servers have made strong enough to handle the nationwide traffic on the website”.

She also included that “Virtual Stock Market is geared to create an environment of friendly competition that will enable future entrepreneurs to learn fundamental concepts, break psychological barriers and think differently. Virtual Stock Market offers a real-time simulation of the market, giving people the opportunity to learn how markets function, without actually losing money”.

“It is an initiative design to give students an idea of the world of finance and markets. It is based on the original market, to help students understand the fundamentals of investment, stocks and various technical details such as how different events affect different companies” says Radhika.

Besides this, the E-cell is also going to conduct workshops in different Mumbai institutes for students to understand stock markets. Professional trainers will be overseeing these workshops. Regarding the E-cell Radhika said “Some students are curious about stock markets, but due to lack of understanding,they do not actually try to follow them. While Virtual Stock Market is an initiative to help youngsters understand markets with hands-on experience, we will be conducting workshops for those who do not know anything about them, but really want to understand them while playing”.

This event is scheduled to be held from January 23 to 25, 2012. The timings is from 9.00 am-10.00 am.
Please note : There is no registration fee. Register for the event by visiting the website of E-Cell.