About
Rotman Market Simulation Challenge x Ireland | November 18, 2023
Undergraduate students in Ireland are invited to participate in the 2023 Rotman Market Simulation Challenge (RMSC), sponsored by the BMO Financial Group Finance Research and Trading Lab at the Rotman School of Management (Rotman FRT-Lab), co-hosted by Trinity Student Managed Fund (Trinity SMF).
RMSC brings together teams of students to compete in a unique 1-day simulated market challenge where they test their skills in real-time from the safety of a structured learning environment.
We encourage all teams from Ireland participating in Rotman International Trading Competition to take part in the Rotman Market Simulation Challenge.
The challenge is a perfect place to acquire and enhance your skills using RIT in preparation for Rotman International Trading Competition 2024.
Awards
1st Place
€400
2nd Place
€250
3rd Place
€100
Registration Timeline
Qualification
- Participants must be current undergraduate students in a degree program as of 2023/2024 academic year.
- Two student members are required per team.
- We encourage diverse and inclusive teams; each participating team should be composed of different genders.
Schedule
- 09:00 am - 09:30 am | Registration, Light Breakfast
- 09:30 am - 10:15 am | Welcome, Briefing Session
- 10:30 am - 12:00 pm | Case Study #1
- 12:00 pm - 01:00 pm | Lunch
- 01:00 pm - 02:30 pm | Case Study #2
- 02:30 pm - 03:30 pm | Networking Session
- 03:30 pm - 04:00 pm | Award Ceremony
Location
Trinity College Dublin Business School,
College Green, Dublin 2, Ireland
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.
Price Discovery
The Price Discovery 0 case demonstrates the concept of informational efficiency as students attempt to determine the fair price for a takeover bid. Students have asymmetric information which is updated over time but there is no aggregate uncertainty.
Sponsors
Dress Code
RMSC 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.