Capital Markets University & Other High Learning Institutions Challenge 2025

A Competition That Builds Investment Confidence

Test Your Capital Markets Knowledge. Win Big. Shape the Future of Invstments


ABOUT THE CHALLENGE
The CMUHLIC is a competition that is run by the Capital Markets and Securities Authority (CMSA) for higher learning institutions students through participation in quiz and essay writing competitions. The competition is open to undergraduate students in universities and higher learning institutions in Tanzania Mainland and Zanzibar.
The focus of the challenge is primarily to test the knowledge and understanding of issues related to capital markets, increasing awareness, creating an investor base and arousing interests for wider participation in the capital markets. It also testes the ability of students to apply their knowledge on capital markets to real life situations.
Create AccountOUR CHALLENGES
Participate in our annual challenge designed to help students learn more about capital markets
Capital Markets Quiz Challenge
This challenge involves answering multiple choice questions about capital markets:
- 200 multiple choice questions available (attempt 100)
- Questions are computer-generated and sent randomly via SMS or web app.
- Flexible 3-month participation period is given for students to participate
- Participate without interrupting your studies
How to participate:
You can participate by create account in this system and login and start the quiz
Create AccountWinners determined by highest scores in female and male categories
Essay Competition
Topic:
“With practical examples, discuss the role of thematic capital market products in mobilizing resources for financing businesses and development projects”Requirements:
- Maximum 4 pages, 1,500 words
- Times New Roman font size 12 and 1.5 line spacing
- MS Word 2001-2010 format
Submission:
Students must submit essays in MS Word (2001–2010), including full name (as on ID), phone, email, field, year of study, and use the heading: CMSA 2025 Challenge: [Name], [Institution].
Email the essay to: challenge@cmsa.go.tz
Note: Students may participate in both categories, but if a student wins in both, the prize will be awarded for one category only.
CHALLENGE PRIZES
Institutional Awards
Higher learning institutions with highest participation and scores receive special recognition, encouraging universities to support student participation.
Individual Awards
Gender-sensitive prizes with separate male and female categories for both quiz and essay competitions. Top performers receive a fully paid study visit.
Study Visit
12 students (top male & female from best 3 universities) receive a fully paid one-week study visit to capital markets institutions locally and internationally.
Cash Prizes
Investment Portfolio
Top 80 winners are required to invest minimum 33% of their prize money into a capital markets portfolio, promoting practical investment experience.
Recognition
- Certificates of recognition
- CMSA branded polo shirts
GALLERY

Assessment and Scoring by Judges

Selection of Top Performers

Award giving ceremony recognizing excellence in capital markets 2021