Capital Market and Securities Authority

Capital Markets Universities and Higher Learning Institutions Challenge (CMUHLIC)

Prizes for the Challenge

Institutional Winners

CMSA has introduced institutional winners from the participating universities and higher learning institutions which record the highest number of participants and students with highest average scores. This is intended to encourage the higher learning institutions and universities to device ways to encourage their students learn more and participate in the challenge.

Individual Winners of the Challenge

As a strategy to entice active participation and make the event competitive, attractive prizes for winners of the competition have been designed for both quiz and essays competitions. The prizes are gender sensitive such that under each categories of quiz and essay there will be male and female entrants for the award of prizes. The best portfolio for young millionaires will also hold the categories of male and female.

In addition to the category’s prizes, there is a group award for the best 3 top winners for both categories of male and female to a grand prize of fully paid one week study visit to expose the winners to practical aspects of capital markets institutions and practices.

In order to enhance capacity and avail employment opportunity for graduating winners of the challenge, an internship program for one year has been introduced as an additional prize.

Prizes

The overall winners in the categories of Quiz and Essay Competitions will receive TZS 1,800,000 each;
The overall first runners’ up in both categories will receive TZS 1,400,000 each;
The overall second runners’ up in both categories will receive TZS 800,000 each
The overall winners in the categories of Quiz and Essay Competitions will receive TZS 1,800,000 each;
The best female and male students, in both categories of the competitions from the best 3 universities making a total of 12 students, will be awarded a fully paid one week study visit
Consolation prize for the rest of the top ten winners of TZS 200,000 each
The top 80 winners will be required to invest a minimum at least one third (33%) of their award prizes and stipend for study visit into portfolio of investments in the capital markets; and
Certificates of recognition and polo shirts branded with CMSA logo to the top 80 finalists of the competition.