Wednesday, April 02, 2008

National Economic and Finance Management Quiz 2008

NUS Economics Society will be organizing the annual National Economics and Finance Management Quiz 2008. NEFMQ 2008 will focus on improving the financial literacy (click for definition) of young people and helping them to better understand the importance of managing their own finances.

This competition is open to Junior College, Centralised Institution, Polytechnic and IP students. Students will need to form teams of three people each and schools can send as many teams as possible.

Date of preliminary round: 26 July 2008

Format:Each team works on a paper of 40 multiple-choice questions (MCQs) and 5 computational questions. (24 MCQ questions will be based on economics and 16 MCQ questions will be based on general financial management)

Duration: 1 hour

The top four teams will be selected to participate in the final round. Details of the final round will be mailed to these four schools in time to come.

Administration:

  1. Class reps will indicate on the class list the students who are interested and submit the class list to their tutors by 15th Apr (Tues).
  2. Formation of teams of 3 will take place at a later briefing, scheduled on 16th Apr (Weds) at 2pm in room 217.
  3. There will be a lecture to improve their understanding of financial literacy in Term 3 Week 1. Time to be confirmed.

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