Capitalizer '22

Young investment enthusiasts sealing the deal

| Updated: December 13, 2022 15:24:26

Prize giving ceremony of "MetLife presents Capitalizers '22" was held at BUP Auditorium in Dhaka recently Prize giving ceremony of "MetLife presents Capitalizers '22" was held at BUP Auditorium in Dhaka recently

This year, the nation's biggest investment strategy competition, ‘MetLife presents Capitalizer '22’, was organised by BUP Finance Society under the Department of BBA in Finance and Banking. The event commenced on November 04 with the online case-solving round, 'Crack the Case', with the registered 130 teams. Each team submitted their online case solution utilising its basic mathematical acumen. Following the end of round one, on November 06, some 36 teams of the enrolled 130 had successfully moved to the next round, 'Deal behind the Bars', to showcase their financial skills by forecasting, analysing, and ensuring the sustainability of a given venture. From the valiant battle among the 36 teams, six teams were screened out to battle for the ultimate conquest of MetLife presents Capitalizer '22 champion title.
The grand finale of "MetLife presents Capitalizer '22" took place last week on December 01 at a hotel in Dhaka. Chairman of Insurance Development and Regulatory Authority (IDRA) Mohammad Jainal Bari was the chief guest at the event, and Major General Md Mahbub-ul Alam, the vice chancellor of Bangladesh University of Professionals, was the guest of honour. Senior Vice President of Bangladesh, Myanmar, Nepal, and Vietnam- Madam Elena Butarova & Muhammad Ala Uddin Ahmed, the CEO of MetLife Bangladesh graced the evening as the special guests.
The judging panel consisted of the Deputy Managing Director and CFO of MetLife Bangladesh, Ala Uddin, Life Member of Insurance Regulatory and Development Authority, Quamrul Hasan, and the Director- Finance Excellence and BPC Finance of Unilever Bangladesh Ltd, Zinnia Huq. After the six teams, each presenting their solutions with formidable vigour, Team Adverse Selection from Bangladesh University of Professionals became this year's champion. Team Overwriters from Dhaka University and Team Floor Price from Dhaka University came to win as the first and second runners-up respectively.
The champion team "Adverse Selection" consisted of Nafis Kazi, Mahima Tabassum, and Tahmid Ahnaf Arnab from the Bangladesh University of Professionals (BUP).
To express their feelings right after the result announcement, the team expressed their gleeful elation and said, "This is our last business competition as undergraduate students. We were not sure if we were to win as champions, we just wanted to give it our best shot. Now, winning the champion title has given us the best conclusion to our last conquest as a team. We got the reward of our hard work and sleepless nights."
The event closed its curtains for the fourth time this year since its inception in 2018. The club President, Abi Rawan Arko, expressed his gratitude towards the guests from the Insurance Regulatory and Development Authority and MetLife, judges, the vice- chancellor, pro-vice chancellor, deans, and faculties from Bangladesh University of Professionals. He expressed his high hopes for BUP Finance Society and its future events in the days coming ahead.

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