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STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

The semi-final of the "Stock Pitch" competition took place at SOFAZ

22 Nov 2023 19:09:00

The semi-final of the "Stock Pitch" competition took place at SOFAZ

22 Nov 2023 19:09:00

On November 20th, as part of the plan of events dedicated the 100th anniversary of the birth of National Leader Heydar Aliyev, the semi-final stage of the "Stock Pitch" competition, initiated by SOFAZ for the students was held.

Out of the 63 teams representing 28 universities that applied for participation, only 33 were selected for the next stage following the initial evaluation. Among these, the following 8 teams, which more accurately executed the tasks related to stock selection and analysis, qualified for the semi-final stage: "Birja Turtles", "Cash me if you can", "Team 7", "ESG", "Finance Bros", "The Hunting Elephants" (Azerbaijan State University of Economics); "Team Markowitz" (ADA University); "The Rolling Stonks" (Azerbaijan State University of Economics, Baku Business University).

The presentation, investment selection and analysis skills of the competing teams at the semi-final stage were evaluated by the jury, and 4 teams that fulfilled all the requirements ("Birja Turtles", "Cash me if you can", "Team Markowitz", "Team 7") qualified for the final stage, scheduled to take place in the administrative building of SOFAZ on November 23rd.

It is noteworthy that the winning teams of the competition will receive a cash prize (1st place - 7000 AZN, 2nd place - 5000 AZN, 3rd place - 3000 AZN) and the opportunity to do a 1-month internship at the relevant department of the State Oil Fund.

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