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DBS-SMU Quantitative Finance Challenge 2009 |
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Written by Xu Junming
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Sunday, 02 November 2008 |
Date: 10th and 16th January 2009
Venue:
Singapore
Management
University and
DBS
Building
The DBS-SMU Quantitative Finance Challenge is geared towards undergraduates with a strong interest in quantitative finance. The challenge provides a great platform for participants to interact and learn from their fellow peers, as well as expose them to the latest practices and research in the field from industry practitioners. Participants will stand a chance to earn recognition for their abilities, and win attractive cash prizes from DBS.
Please direct your application or any enquiries to
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with the following details:
Name
NRIC
Contact Number
School
Faculty
Email address
*Please also indicate if you have participated in the previous challenge.
Closing date for submission of registration with full payment made is 14th Dec 2008.
Roadshow Locations:
Please visit our booths at the respective locations below to sign up for the challenge!
NUS - Canteen of Science Faculty
NTU - South Spine
Eligibility
All undergraduate students are eligible for this challenge. Foreign students and students from foreign universities are welcome to apply. The competition consists of two rounds, namely the preliminary round and the final round. Participants have to sign up individually. They will first undergo the preliminary round and the top 16 individuals will proceed to the final round.
Finalists from the previous SMU-DBS Q.Finance Challenge will not be allowed to participate in this competition.
Preliminary Round
- The preliminary round will be held on 10th January 2009, at the Singapore Management University, and is based on individual performance.
- All participants must first sit for a 1 hour test comprising of 50 MCQs.
- The test will include short-answer questions as a tie-breaker.
- The top 16 individuals will procced to the final round.
Final Round
- The final round will consist of a case study.
- The teams of 4 will be randomly formed and given the cases one week in advance.
- They will present their case solutions to a DBS judging panel on 16th January 2009 at the DBS head office in Singapore.
Prizes
Preliminary Round:
All participants will receive a certificate of participation, with the top 10 scorers being presented with ranking certificates.
The top 5 scorers will also receive cash prizes as follows:
1st $500
2nd $400
3rd $300
4th $200
5th $100
Final Round:
The top 3 teams will receive cash prizes as follows:
1st $5000
2nd $3000
3rd $2000
Registeration Fee
Participants are required to pay a registration fee of $5 for the competition.
Test Topics and Reading Materials
The areas covered include financial markets models and risk management, structure product modelling, pricing and hedging.
Participants may wish to refer to the following books as part of their preparation:
- John C. Hull: “Options, futures and other derivatives”, 5th Edition, Prentice Hall, 2003.
- David Ruppert: “Statistics and finance: an introduction”, Springer, 2004.
- Fima C Klebaner: “Introduction to Stochastic Calculus with Applications”, 2nd Edition, Imperial College Press, 2005.
- Philippe Jorion: “Value at risk: the new benchmark for controlling market risk”, 3rd Edition, McGraw-Hill, 2007.
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Last Updated ( Thursday, 11 December 2008 )
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