Eastern Mediterranean University (EMU) Faculty of Business and Economics, Department of Banking and Finance students occupied 4 of the top 5 places in Turkey’s prestigious virtual investment competition “INVESTIMATE”. This year a total of 3079 students from Turkey and the Turkish Republic of Northern Cyprus (TRNC) attended the competition organized by the Boğaziçi University Business and Economics Club. Asem Allobani, Omar Ali Almagouri, Mohammed Saeed Al-Kindi and Reema Wael AlShurafa from the EMU Faculty of Business and Economics were presented their awards by Turkish Bank executives and members of the jury at a ceremony hosted by Turkish Bank. The EMU Business and Economics Faculty, Department of Banking and Finance was also awarded the jury special prize for displaying the best performance of universities that attended the competition. The EMU Business and Economics Faculty, Department of Banking and Finance had also won the said competition last year.
Sponsored by Important Institutions
During all stages of the competition students were provided counselling by The EMU Business and Economics Faculty, Department of Banking and Finance academic staff members Assoc. Prof. Dr. Korhan Gökmenoğlu and Bezhan Rustamov. The first stage of the competition took place between the 12th of March and 20th of April 2018. Competitors made virtual investments for a period of six weeks using a range of investments instruments. 50 students who made the most profit earned the right to compete in the second stage of the competition. During the second stage of the competition students compiled a financial report containing trade strategies and presented their reports to a jury. After jury evaluation, 5 competitors presented to 8 jury members from Turkish Investment, Deutsche Securities, Boğaziçi University, Economist Magazine and Anadolu Agency. After the final stage of the competition the competitors earned the right to receive a range of prizes.
Visit to Rector Prof. Dr. Necdet Osam
The successful students paid a visit to EMU Rector Prof. Dr. Necdet Osam along with Department of Banking and Finance Chair Assoc. Prof. Dr. Nesrin Özataç and academic staff member Assoc. Prof. Dr. Korhan Gökmenoğlu. During the visit that took place on Tuesday, the 29th of May 2018, Prof. Dr. Osam was informed about their achievements. Prof. Dr. Osam congratulated the students and wished them the continuation of their success.