Top student profits from cyber space

20 NOVEMBER 2012

Charles Sturt University (CSU) accounting student, Ms Divya Kumar, has had a local win in a national share trading competition organised by the Australian Securities Exchange (ASX). Ms Kumar, from Wagga Wagga, is completing the second year of a Bachelor of Business (Accounting) degree with a Distinction average. The game, the ‘Share Trading Competition’, required students to invest $50 000 of cyber money in any shares listed on the ASX. Ms Kumar’s strategy was to trade a well-balanced portfolio of about six stocks, making a ‘cyber profit’ of about $10 000 between July and November this year. She was named the top student competing against three other students at CSU in Wagga Wagga and 49 students across the University’s School of Accounting and Finance, qualifying for a ‘Gold’ award. Senior Lecturer in Accounting and Finance, Mr Chris Deeley, said the game integrated well with the finance subject. “It gives students realistic exposure to trading securities on the ASX and an opportunity to assess the relevance and reality of various share market and share trading theories, including technical trading, fundamental analysis and the efficient market hypothesis.” It is a sentiment shared by Ms Kumar who added, “The competition has taught me a lot about how share markets work. It has given me a lot of confidence in understanding how the real worlds of accounting and finance actually work.”

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Wagga WaggaBusiness &CommerceCSU students