SEC/CSE Varsity Battles 2023, inter-faculty quiz competitions held at the Sabaragamuwa University and the University of Ruhuna, Sri Lanka

SEC/CSE Varsity Battles 2023, inter-faculty quiz competitions held at the Sabaragamuwa University and the University of Ruhuna, Sri Lanka

• Winning faculty teams awarded a cash prize of Rs. 75,000 each.

• Sabaragamuwa University inter-faculty quiz

            Winner: Faculty of Medicine Team 1

            1^st Runner-up: Faculty of Management Studies Team 3

            2^nd Runner-up: Faculty of Medicine Team 2

• University of Ruhuna inter-faculty quiz

          Winner: Faculty of Medicine                

         1^st Runners-up: Faculty of Science & Faculty of Engineering Team 1                                        

The Varsity Battles 2023, inter-faculty quiz organized by the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE), was successfully completed at the Sabaragamuwa University of Sri Lanka and the University of Ruhuna, Sri Lanka on 28^th July 2023 & 03^rd August 2023, respectively.

The Faculty of Medicine Team 1 emerged as the winning team of the inter-faculty quiz at the Sabaragamuwa University of Sri Lanka, receiving a cash prize of Rs. 75,000, whilst Faculty of Management Studies Team 3 and Faculty of Medicine Team 2, received certificates for being 1^st and 2^nd runners- up, respectively.

At the inter-faculty quiz competition held at the University of Ruhuna, Sri Lanka, Faculty of Medicine emerged as the winning team, receiving a cash prize of Rs. 75,000, whilst Faculty of Science and the Faculty of Engineering Team 1 became tie breakers for the 1^st runners-up, respectively.

The Varsity Battles 2023 intend to create awareness and educate university students, on capital markets and to increase financial literacy among university students. The quiz initially launched in May 2023 with the Rajarata University of Sri Lanka and the University of Jaffna, followed by the University of Peradeniya and the Wayamba University of Sri Lanka.

The top three teams with the highest scores at the inter-faculty competition will compete at the inter-university competition. The winning team of the inter-university competition will receive a cash prize of Rs. 300,000, whilst 1^st and 2^nd runners-up teams will receive Rs. 200,000 and Rs. 100,000, respectively.

Commenting on the initiative, CSE Senior Assistant Manager – Marketing and International Relations, Mr. Avishka De Alwis, said, “The Quiz Competition is another initiative taken by the Colombo Stock Exchange in collaboration with the Securities and Exchange Commission to create awareness on the importance of financial, investor, and capital market education. Thus, this initiative highlights the importance of financial literacy for every undergraduate in Sri Lanka.”

A group of organizations have come together as sponsors to make this inter university competition a reality. The Varsity Battles 2023 is sponsored by the following organizations.

Platinum sponsors: First Capital Holdings PLC and Bartleet Religare Securities (PVT) Ltd.

Gold sponsors: AICPA & CIMA Sri Lanka, Capital Trust Holdings Ltd, London Stock Exchange Group Sri Lanka, CT CLSA Securities (Pvt) Ltd, and Senfin Securities Limited

Silver sponsors: Lanka Securities (PVT) Ltd, LOLC Holdings PLC, Asha Securities Ltd, Softlogic Stockbrokers (PVT) Ltd, Almas Equities (PVT) Ltd, and Senfin Asset Management (PVT) Ltd

Co-sponsors: Vidullanka PLC, Millennium IT ESP (PVT) Ltd, CryptoGen (PVT) Ltd, Data Management Systems (PVT) Ltd, Sunshine Holdings PLC, Barista Coffee Lanka (PVT) Ltd, Cargills (Ceylon) PLC, Lanka IOC PLC, N-able (PVT) Ltd, and E Futures (PVT) Ltd, Hemas Holdings PLC and Tokyo Cement Company (Lanka) PLC.

Official Airline Partner: Sri Lankan Airlines

Official Transport Partner: Easy Lanka Express

Regional Hospitality Partner of the event was Mr. P.G.R.A. Sujeewa Wijewardhana, from DSSN Auto Engineers (Pvt) Limited, Moragahayata, Rathnapura.