On March 17, WHU – Otto Beisheim School of Management welcomed around 100 high school students from all over Germany to its campus in Vallendar. They are the most successful players in the sixth season of “Tradity,” an online stock market game created at the initiative of WHU students. In this year's season, which took place between February and March 2018, the competition was able to reach more than 13,000 participants in approximately 250 schools.
The “Tradity Meets WHU” closing event offered the high school students not only a taste of what it would be like to study at the business school but also numerous opportunities to network among themselves, and to attend lectures by financial experts, successful graduates of the University, and even a practical workshop. After a welcome by the team that organized “Tradity,” Professor Dr. Ralf Fendel, Chairholder in Monetary Economics, offered an introductory lecture built around questions relevant for participants on the subject of finance. Following the welcoming remarks, financial experts such as WHU alumni Gregor Burkart of Blackrock and Maximilian Könen of Deutsche Bank spoke to participants, offering insights into their everyday work as analysts. With the interactive approach of “Tradity Meets WHU” in mind, after their remarks, the speakers devoted themselves in detail to all of the participants’ technical and personal questions in a question-and-answer session.
With his background presentation, WHU doctoral candidate Marc Wierzbitzki set the stage for the practical workshop planned for the afternoon. Under the direction of WHU students, the participants then worked on a case study in teams. Additional lectures, a workshop organized by Handelsblatt Orange, a Stock Pitch Competition as well as a tour of the WHU campus in Vallendar completed the day’s program. Following the evaluation of workshop results and the presentation of awards to the winning team, the up-and-coming traders completed their day at WHU with a group dinner in the Gewölbekeller, the historic vaulted cellar.
“Tradity,” an online stock market competition for high school students created at the initiative of former WHU students, has been held since 2014. The aim of this stock market game is to familiarize interested participants with the workings of the stock market while explaining the broader economic context at the same time. Starting out with virtual capital, participants try to generate profits through skillful investments. Players are welcome to interact and follow their activities online through social networks. “Tradity” is carried out in close cooperation with numerous partners, including the Frankfurt Stock Exchange and the Ministry of Education, Science and Cultural Affairs of the German state of Schleswig-Holstein. At its core, the initiative includes an annually rotating 12-member team that organizes the Tradity competition. The concluding event, “Tradity Meets WHU,” has also been held at the WHU campus in Vallendar since 2015. In addition, Tradity enjoys extensive support on the part of WHU professors, WHU students, and other WHU initiatives, and, as such, is rooted in the culture of WHU.