By Deborah Asantewaah SARFO
With a difference of 9.9 points, the Presbyterian Boys’ Senior High School conquered three other secondary cycle institutions – ensuring their winning the 2024 National Investment Quiz (NIQ).
During the contest they exhibited mastery over financial literacy, specifically with bonds, stocks and the international market.
PRESEC walked away with a cash prize of GH¢20,000 plus a trophy, citation and bragging rights as champion of this year’s quiz.
The other competing schools were St. Augustine’s College which placed second, followed by St. John’s Grammar and Prempeh College taking the third and fourth positions respectively.
NIQ 2024 began from the group stages through to the quarter-final, semi-final and grand finale, hosting about 200 schools that converged at the RS Amagashie Hall, University of Ghana campus, to compete for the cash prize, trophy and other rewards.
NIQ competition is an inspiring initiative spearheaded by the Young Investors Network (YIN) and supported by the Ghana Stock Exchange (GSE) and Central Securities Depository.
In addition to certificates received, the three other schools received cash prizes of GH¢10,000, GH¢5,000 and GH¢2,000 based on their positions.
Programmes Director for NIQ and Young Investors Network, David Nuertey Tetteh, indicated that the competition presents students an opportunity to understand the concepts of financial literacy and equips them with the right information about investment.
“It teaches the student concepts of financial literacy, analysing stock markets and where to invest and build a great investment portfolio,” he said.
He added that beyond the quiz competition, grooming students to be experts in the financial space continues at tertiary institutions.
Additionally, contestants from the four competing schools at the grand finale will be presented with an opportunity to intern with companies who supported the contest.
The contest has been a beacon of financial literacy and investment knowledge since its inception in 2014, impacting over 50,000 students to date.
It has also paved the way for numerous participants to secure positions in esteemed local and international firms.
