2007 Topic Competition Report For Egypt

SIFE Egypt hosted its first HSBC Financial Literacy Topic Competition. HSBC judges were presented with project summary reports of all the projects/activities implemented across the country during the SIFE year (August 2006-July 2007). In addition, SIFE Teams were evaluated on the effectiveness of their individual topic projects/activities, by sponsor executives during their presentation at the national competition.

National First Place

Misr International University, Cairo, Egypt

The MIU SIFE Team established a Stock Market Simulation training university students how to combine practical and theoretical knowledge to ensure their full understanding and application of financial theories related to the Stock Market. Seven companies sponsored the prospects and provided the best 380 audients out of the 600 students participants with internship opportunities. Pre and post assessment revealed that 90% of the delegates became fully aware of the Stock Market dynamics and principles. They showed great interest in following the Stock Market news.

National Second Place

Ain Shams, Cairo, Egypt

The main objective of the ASU Financial Literacy Project was to enhance financial literacy of 74 non-business students through both direct learning and creating a new learning experience. Basic financial concepts were introduced to computer science students through different sessions. They developed financial planning software using the knowledge they acquired. The software was uploaded on a website to make it widely available. Sessions were also conducted to non-business students who were given the software as a new means of application. The program will be updated using the feedback from the website users. And the team is planning to increase the number of participating students next year.

National Third Place

The American University in Cairo, Egypt

To create economic opportunities for 107 brilliant Egyptian minds, the AUC SIFE Team created partnership with the Egyptian Patent Office (EPO) – Academy of Scientific Research and Technology, allowing SIFE to provide their members with implementable, and profitable ideas. Through fun activities, teaching activities and financial board game the AUC SIFE Team taught the participants budgeting and finance skills to allow them to gain a better understanding of their projects, how to market it and establish sponsorship or partnership.

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