The Stock Market Game
An Event for SY.B.Com(A/F) on 18/1/2010 |
| What is a stock market? Well a stock market is a public market for the trading of company stock and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately. |
| Prof. M S. Devi arranged for a workshop on the 18th of January 2010. Mr. Yash Raj Thakkar who has compeleted his B.com and MBA from SIES itself hosted the stock market game. |
| With the classroom properly organized, the LCD and Powerpoint Presentation well prepared before time, the game began with a total of nine groups each having 4 members maximum. |
| Six volunteers i.e. Mustafa, Nikhil, Prakash, Pratik, Poojitha and Archana were selected. At first Mr. Yash gave an introduction on what actually a stock market is. With that he asked two of the volunteers to create a small situation where one of them is trying to sell a product to the other and how the person on the other side is asking millions of questions about that product. Then the seller becomes the buyer and vise versa. With this example we understood how difficult it is to sell something. The same thing is followed in a stock market. |
| Now the game starts where and the six volunteers are made as the brokers regarding the stock market. With the help of the ppt, prices are depicted former and latter both. In the trial round the teams try to sell their stocks to other team member and due to which there was a lot of chaos. This is how the marketing is carried out in America but in India marketing is done mostly throught stock broker. |
| After the trial round the rules and regulations were explained i.e. the minimum amd maximum amount to be invested, grounds for disqualification and so on. The first round began and the prices of various companies and commodity were shown. The team had to buy shares of those companies with they wanted to or even buy lots of the commodities available without exceeding five lacs at the initial stage in each company and not exceeding thirty lacs in total failing to which would lead to disqualification. |
| After this, a member of each team is supposed to go to the volunteers/brokers to varify their buyings. If approved then they could move up futher in the game. Unfourtunatly for a team was disqualified in the first round itself as they exceeded the five lacs limit. On the beginning of the second round the changed prices of the stock/commodities were displayed and the teams had to sell or buy stock as they liked with the available balance from the first round and then get it varified again. This went up till four rounds. |
| At the end each team had to calculate their profit earned and the one with the highest profit would win. The winners had a amazing figure of approx. five lacs. With this the game came to an end and vote of thanks given by Rachyeeta from behalf of the class. Each student left the room delighted and even cleverer. |
| The workshop was worth it as each and every student enjoyed as well as gained knowledge at the same time and such a combination is hard to find. At the end I would again like to thank Mr. Yash raj for giving such a valuable understanding of the topic. |
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