KPMG in Bermuda launched the Senior School Investment Challenge in 2005 as part of the firm’s ongoing commitment to education and youth development.
KPMG in Bermuda launched the Investment Challenge in 2005.
KPMG in Bermuda launched the Senior School Investment Challenge (the Challenge) in 2005 as part of the firm’s ongoing commitment to education and youth development.
Under the terms of the investment club-like initiative, each school is permitted to enter a maximum of two teams per year and each team is given BD$50,000 in virtual funds to trade over the course of six months. At the end of the programme real cash prizes in the amount of $10,000, $6,000 and $4,000 are awarded to the first, second and third placed teams, respectively. These funds are then used by the schools for a variety of educational initiatives.
With support from the Ministry of Education and the heads of each of the private schools, each of the Island’s eight senior schools participates annually.
The core objective of the Challenge is to create a meaningful and perpetual educational programme for Bermuda’s senior schools to:
Each year the firm fields a team of mentors to support and guide the students. In addition, a number of prominent clients make themselves available to speak to the students on a myriad of topics around the issue of the capital markets.
The winning teams are announced at a prize giving ceremony in May.