I. BACKGROUND
As part of its public education and awareness programmes, the Capital Market University Challenge remains a key flagship program conducted by the Capital Market Authority (CMA) on an annual basis. The Capital Market University Challenge is a competition aimed at exposing Universities and Higher Learning Institutions (HLIs) students to the capital market industry while instilling in them the culture of saving and investment through the capital market and preparing them as future investors and professionals of the capital market industry.
To secure their future well-being, young people need to venture into smart saving and investment that will guarantee sustainability, which among others include exploring opportunities offered by the capital market products i.e. shares, bonds, or any other product that can be offered at the stock market. They are also encouraged to invest collectively through saving clubs.
II. OBJECTIVES OF THE CAPITAL MARKET UNIVERSITY CHALLENGE 2023
The University Challenge is intended to achieve the following objectives:
- To create awareness and increase knowledge among students in universities and higher learning institutions (HLIs) on the importance and benefits of saving and investing through the capital market. This will contribute to preparing them as future investors and professionals of the capital market industry;
- To promote creation of savings clubs/groups among students in universities and higher learning institutions (HLIs) while providing capacity building trainings to established saving clubs on how best, through their clubs, to save and invest through the local capital market.
III. ROADMAP OF THE CAPITAL MARKET UNIVERSITY CHALLENGE 2023
The Capital Market University Challenge (CMUC) 2023 will be conducted as part of the public education and awareness programs aimed at inculcating in the youth in Universities and Higher Learning Institutions (HLIs) the culture of saving and investment through the capital market.
The CMUC 2023 will be conducted through a digital platform that can be assessable via this link: https://investor.cma.rw. The competition framework will involve both a set of quizzes and a topic for essay writing aimed at increasing awareness and knowledge among students about the capital market industry and its importance for Rwanda’s socio-economic development.
Below is a roadmap with key activities to be conducted throughout the CMUC 2023:
SN | Activities | Description | Timeline |
1. | Official launch | The official launch of this year’s Capital Market University Challenge 2023, during this launch we shall announce that the CMUC celebrates its 10th anniversary. The launch of this year’s campaign shall be conducted through all key digital platforms to mobilize potential contestants. | March 24th, 2023 Davis College |
2 | Registration period | All interested students will register to participate in the Capital Market University Challenge 2023. The registration shall be done through: https://investor.cma.rw IMPORTANT NOTICE: Previous contestants are not allowed to participate in the current edition. | March 17th – April 21st, 2023 |
3. | Submission of the final essays | Contestants shall submit on time their final essays through https://www.investor.cma.rw IMPORTANT NOTICE: As soon as you register, you can start researching the provided topic and submit it once you are done, do not wait for the deadline. | 1st-5th May 2023 |
4. | Competition rounds for the Quiz category | Round 1 for the competition for the Quiz category | May 10th, 2023 |
Round 2 for the competition for the Quiz category | May 17th , 2023 | ||
Round 3 for the competition for the Quiz category | May 24th, 2023 | ||
5. | Final quiz round on the provincial level | Top winners in the quiz category on the provincial level shall sit for a special round | May 29th, 2023 |
6. | Awarding of winners and closing ceremony | Host a physical awarding of winners and a closing ceremony at the Kigali Convention Centre | June 16th, 2023 |
IV. STRUCTURE OF THE CAPITAL MARKET UNIVERSITY CHALLENGE 2023
All interested and registered students from various universities and HLIs across the country will be allowed to participate in the 2023 Capital Market University Challenge.
The Capital Market University Challenge 2023 will be conducted through Quizzes and Essay writing. Individuals will compete in both Quiz and Essay categories after creating an account via this platform: https://investor.cma.rw/cmuc/login/index.php. In addition, a user guide is provided in this document on how to create an account in the system, by giving your identification details and selecting the competition category (either Quiz or Essay).
For contestants and after creating an account via this link: https://investor.cma.rw/cmuc/login/index.php, they will wait for the Quiz or Essay to be uploaded in the system and be communicated on when to undertake it once ready.
The challenge will comprise three stages in the quiz category at the provincial level whereby winners from each stage shall go to the next round. Three winners from the 3rd round at the provincial level shall immediately go to the national level.
For those to compete under the Essay category, they will submit the final essays in the system under the theme:"How the capital market will finance Rwanda's vision 2050".
The essay writing should comply with the following requirements:
- Be original and innovative;
- Have not more than 800 words;
- Copying and pasting information from websites will amount to plagiarism, punishable with discontinuation from the Challenge.