Please ensure Javascript is enabled for purposes of website accessibility

The Event

The High School Market Simulation Challenge provides exceptional high school students with an introduction to the field of finance and an opportunity to learn through simulated business scenarios. Students will participate in a morning workshop designed to introduce them to financial markets and the RIT Market Simulator platform, then in the afternoon they will have the opportunity to demonstrate their newly learned skills through a Market Simulation Challenge using the RIT Market Simulator. No prior preparation is necessary for this challenge, and all required resources will be provided before and during the competition.

Registration Timeline

Registration Process

Online Registration

Email Registration

Teachers can register their students by emailing the following information to the R/C team, mark.berkovich@utoronto.ca.

School Details

Student Details

Schedule

May 2nd, 2024

Location

St. George Campus


BMO Financial Group Finance Research and Trading Lab

Rotman School of Management

Room 290, North Building

105 St. George St.

Toronto, ON M5S 3E6

Canada

Teams located outside of the Greater Toronto Area are encouraged to register for the concurrent virtual event.

Case Summaries

Sales and Trader Case


The Sales and Trader Case challenges participants to put their critical thinking and analytical abilities to the test in an environment that requires them to evaluate the liquidity risk associated with different tender offers. Participants will be faced with multiple tender offers throughout the case. This will require participants to make rapid judgments on the profitability and subsequent execution, or rejection, of each offer. Profits can be generated by taking advantage of price differentials between market prices and prices offered in the tender offers. Once any tender has been accepted, participants should aim to efficiently close out the large positions to maximize returns.

Notice of Filming and Photography

System Requirements for the Virtual Session

If you are participating using your school computers: Some school boards have firewalls that may prevent access to the RIT Simulator from school. If you are unable to ensure that the firewall can be dropped for the competition, the best option would be to participate from home on a PC computer.

Dress Code

HSMSC is a professional business competition, so participants are expected to dress in business casual or business formal attire.

Health and Safety | COVID-19

Competition participants are responsible for following health and safety measures where applicable. Individuals should report health and safety concerns to the competition committee via email at financelab[at]rotman.utoronto.ca, who will promptly review, assess and implement measures to address the concern where appropriate.

Measure to reduce risk of exposure:

    • Individuals who are sick or who have COVID-19-related symptoms should stay home/hotel/accommodation.
    • Isolate until there is no fever and symptoms improve for 24 hours (48 hours for gastrointestinal symptoms), regardless of testing results or no testing.
    • Refer to: Ontario COVID-19 Self-Assessment and Procedures in the Event of a Confirmed Case and/or COVID-19 Symptoms.
    • Avoid touching your face, nose or mouth with unwashed hands.
    • Wash your hands often and thoroughly with soap and water or alcohol-based hand sanitizer.
    • Practice proper respiratory etiquette, such as sneezing and coughing into your elbow.
    • Face masks are encouraged, and we ask everyone always to respect the decisions of others, their comfort levels, and their health needs.

Statement on Equity, Diversity, and Excellence

Equity and Human Rights

The purposes of this statement are to express the University’s values regarding equity and diversity, and relate these to the institution’s unwavering commitment to excellence in the pursuit of our academic mission.

At the University of Toronto, we strive to be an equitable and inclusive community, rich with diversity, protecting the human rights of all persons, and based upon understanding and mutual respect for the dignity and worth of every person. We seek to ensure to the greatest extent possible that all students and employees enjoy the opportunity to participate as they see fit in the full range of activities that the University offers, and to achieve their full potential as members of the University community.

Our support for equity is grounded in an institution-wide commitment to achieving a working, teaching, and learning environment that is free of discrimination and harassment as defined in the Ontario Human Rights Code. In striving to become an equitable community, we will also work to eliminate, reduce or mitigate the adverse effects of any barriers to full participation in University life that we find, including physical, environmental, attitudinal, communication or technological.

Diversity and Inclusiveness

Our teaching, scholarship, and other activities take place in the context of a highly diverse society. Reflecting the intersectionality in our community is uniquely valuable to Rotman, as it contributes to the diversification of thoughts, ideas, and perspectives that enrich our teaching, scholarship, and research activities. We will proactively seek to increase inclusion and feelings of belonging among our community members, with an aim to having a student body, teaching and administrative staff that mirror the diversity of qualified applicants.  For more information, please click here.

\\\