The Faculty of Finance and Banking’s English Club (FNB English Club) has been active since year 2016 – 2017 throughout many projects. This time, the Club successfully launched another academic meeting regarding the topic “Stock market & Stock market volatility”. The meeting took place at Ton Duc Thang University’s Inspire Library in the morning of December 23, in the presence of Dr. Pham Nguyen Anh Huy – lecturer from Faculty of Finance and Banking and members of FNB Club.
The meeting started with the introduction of Dr Pham Nguyen Anh Huy about main subject: Stock. After defining ‘Stock’, Dr Pham Huy continued to mentioned important participants in the market from Publisher, Investor to Underwriter and the IPO.
In the next section, Dr Pham Huy and the students discussed “Stock market volatility” together. The students gave their opinions in “Factors that can affect the price of share” and explained reasons to back up their ideas. Afterward, Dr Pham Huy summed up all the correct factors and added other crucial elements to complete the list.
After discussing the theory, the students participated in a practice game assuming that they were investors in a simulated Stock market with different events that can affect and change the stock’s price. First of all everyone formed groups of 5 to 6 students and answered quizzes relating to the topic to get more capital. Each team was provided with an equal amount of money plus their bonuses from the quizzes and could decide on which companies they want to invest in. After each event, the price would volatile depending on factors that could affect them. The students had to practice their theory knowledge and decided to trade the shares that could lessen their profit.
The winning team was the team that earned the most money after 3 tranches and received award from the Organization board.
The meeting ended in a peaceful and friendly atmosphere. Through the practice game and discussions, the students were able to speak more confidently in English and got more comfortable with economic subjects.
Some photos of the meeting section