UBM Management Study Program Students Achieved Top 100 Country Level Round in the International Competition AIC 2024

Revlin Lestari Gunawan and Nicholas Alexander, two students from the Management Study Program at UBM Serpong, participated in the ASEAN Investment Challenge (AIC) 2024, an international competition organized by CGS International. During the e-learning phase, one of the elimination rounds of the competition, Revlin and Nicholas received full support and guidance from Mr. Ali Wardhana, S.E., M.B.A., CSA, and Ms. Christy Ayu Sarah Panjaitan, S.E., M.M, lecturers of the Management Study Program. Despite not advancing to the final round in this competition, which had around 1,100 participants from across Indonesia, Revlin and Nicholas achieved the Top 100 Country Level Round distinction. Individually, Revlin ranked 49th with a total score of 76 points, while Nicholas ranked 82nd with a total score of 69 points.

The ASEAN Investment Challenge is an annual investment competition organized by CGS International. This competition aims to enhance students’ understanding of sustainable investment while contributing to the development of a robust stock market in the future. With the theme “Your Galaxy, Your Way!”, the competition lasts for about four months, from August to December 2024.

This competition is one of the leading investment challenges in Southeast Asia, focusing on designing optimal investment strategies to maximize returns amidst economic uncertainty. Each participant is required to build an efficient equity portfolio that outperforms the Composite Index of the IHSG, complies with Environmental, Social, and Governance (ESG) criteria, maintains a high safety margin, and identifies opportunities in companies undergoing corporate actions such as mergers or acquisitions.

In this competition, students from the Faculty of Economics and Business (FEB) at UGM had the chance to win and represent Indonesia in the regional competition in Malaysia scheduled for January 2025.