Department of Finance and International Business at Ithaca College is pleased to announce the winners of our annual High School Stock Market Competition.
Over 1,000 high school students in 317 teams from 139 high schools participated in the competition this year, which ran for five months from Nov. '23 through March ’24, placing a combined total of 7,000 trades.
After a rigorous competition, the top prize winners are:
- First place ($3000): Greenhills School | Ann Arbor, MI - 63% return
- Second place ($2000): New Hartford Senior HS | New Hartford, NY - 58% return
- Third place ($1000): Oakwood Friends School | Poughkeepsie, NY - 50% return
The awards are evenly divided, with half going to the high school and the other half equally divided between the team members from that school.
"High school students bring a unique perspective to investing in the stock market, and that was on full display during this year's competition, with the top three teams more than doubling the S&P 500's return of 20% over the same time period," said Matthew Fox, Investment Program Manager at the Ithaca College School of Business, in charge of running this year’s event.
"We are incredibly proud of all the participants and particularly the winning teams, and we hope that this experience helped spark inspiration in the next generation of financial leaders."
About the IC-School of Business High School Stock Market Competition:
The IC-School of Business High School Stock Market Competition is an annual event designed to introduce high school students to the complex world of finance. By managing their own simulated stock portfolios, participants gain hands-on experience and valuable insights into the dynamics of the stock market. The competition was started by Professors Abraham Mulugetta and Joseph Cheng.
Congratulations to all winners of this year’s competition!