FinX: The Finance Society of CBS[/caption] In a world where pragmatic knowledge is essential, a unique initiative such as that of the Finance society of Shaheed Sukhdev College of Business Studies goes a long way in bridging the gap between the classroom culture and the real world understanding. Incepted in 2008, FinX is a unique initiative taken by the students of S.S.C.B.S with the intention of providing financial education and testing the financial acumen of students. The society runs a weekly e-paper, the Weekly Pulse, throwing light on major developments in the world of business and finance and giving insights on the effect of policy decisions in the macro economy. The USP of FinX though is its mock stock trading game – FinWiz. Among the various stock trading simulations doing the rounds in colleges, FinWiz comes closest to matching the bullish and bearish trends of the stock exchange market. Chirag Jain, student coordinator of FinX says:

“Since we believe in matching up to the standards of our highly intellectual and stimulating participants, each event entails a proper format depicting the vagaries of the stock markets, its dynamic spirit, of being moved by the forces of real demand and supply, its uncertain nature and the thrills of playing with virtual money. Apart from pioneering mock stocks, we organize finance quizzes, bidding wars and online contests.”

[caption id="" align="alignright" width="227"] FinWiz[/caption] This year Fin Wiz is scheduled for January 31 and is being hosted in partnership with the Bombay Stock Exchange. Chirag adds, “BSE is helping in making the event grander. Also their representatives will be explaining the concepts of stock markets that are going to be tested within FinWiz. So, for those who don’t have previous knowledge, BSE will ensure you are quickly equipped with the needful acumen.” The society also indulges in holding other competitions such as Fight of the Knights, FinQuizzitive, Bulls and Bears and Debt o Blast throughout the calendar to test the skills of finance enthusiasts from Delhi University. As Rich Dad from Robert Kyosaki’s series would proudly put it, ‘Anyone who is not financially literate cannot see into an investment’. Shashank Gupta [email protected]      ]]>