Category: Competitions

The fall Husky Investment Tournament results are in! Congratulations to the winners, a team of three students from Houghton High School who grew their virtual portfolio by nearly 11%, increasing its value to $1,108,424.82. The students–Nadja Doman, Layla Hilts, and Birk Seagren–were awarded a $1,000 cash prize. All active tournament participants received a one-time $1,000 Michigan Tech scholarship.

The 12th grade students were in a Personal Finance class instructed by Jennifer Rubin. All of the students in the class participated in the tournament. Rubin says she loves the value that the Husky Investment Tournament provides for her students. “It is a great way to expose them into investing and see live-time how the market works!” she said.

The students’ winning strategy was to purchase a lot of small, growing investment companies, as well as some large stable ones to ensure growth and stability. They did their research to determine which investments had the best returns, looked at trending stocks and stocks they were familiar with, and invested in stocks that aligned with their interests and values.

And a little luck helped, too!

“I liked that it felt like a real investing experience,” said one student. Another said, “I learned that stocks can change in the blink of an eye and there’s always opportunity for success.”

Competing in this fall’s tournament were 202 students on 53 teams from Houghton High School, Marquette Senior High School, Gogebic-Ontonagon, Calumet High School, and Dollar Bay High School. The tournament took place from September 30 to November 8.

Founded in 2019 and hosted by the Michigan Tech College of Business, in the semi-annual Husky Investment Tournament teams of high school students compete with teams at schools in their region while learning about business, finance, investing, and economics as they build an investment portfolio with $1 million virtual dollars.

Typically enrolled in economics, business, or personal finance classes, the students learn about investing step-by-step through a series of weekly videos and articles produced by College of Business students and faculty, which are presented in their classes and augmented by additional learning from their teachers.

To manage their investments, the student teams use Stocktrak, an all-in-one software package for financial education. The platform includes videos, lessons, and other tutorials on hundreds of investment-related topics. For trading, Stocktrak provides a paper-brokerage account that closely resembles the real brokerage accounts offered by investment firms.

Learn more about the Husky Investment Competition.

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