Miramonte students make it to Wharton School's Global High School Investment Competition semifinals

The Wharton School of the University of Pennsylvania recently announced the semifinalists for the Wharton Global High School Investment Competition, an annual contest for high school teachers and students run by the School's Wharton Global Youth Program. MATADORS-OF1 from Miramonte High School, Horace Mann High School and College Preparatory School was among the 50 global semifinalists selected by judges from Aberdeen Standard Investments, an asset management firm in Philadelphia. Unlike other competitions, winners are selected on the strength and creativity of their team investment strategies, not on the growth of their stock portfolios.

This year had nearly 7,000 students from 64 countries competing in the Investment Competition, which is sponsored by Citi, a leading financial services company. The semifinals will be conducted virtually.

"Although we did not expect to make it to the Semifinals, we are excited to compete in the next

round and, hopefully, have a chance to make it to Philadelphia," MATADORS-OF1 team leader Jonathan Su said.

Eli Lesser, executive director of the Wharton Global Youth Program, said their team was impressed by the quality of the submissions and global representation of the teams. "Students

showcased their strong financial knowledge and teamwork, and many worked hard to understand their potential client as a first step toward developing comprehensive, creative and sound investment strategies."

A total of 50 top teams from around the world were selected from nearly 1,300 final competition reports, which were submitted for judging on Dec. 13, 2021. The Semifinal results will be posted on the Wharton Global Youth Program website in March (https://globalyouth.wharton.upenn.edu/). The top 10 teams from the semifinals move on to the Global Finale at Wharton in Philadelphia. The grand prize winner will be announced on April 23.



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