71 ON THE TRAD­ING FLOOR

Col­lege of the North At­lantic - Qatar (CNA-Q) re­cently part­nered with Qatar Stock Ex­change (QSE) to of­fer the col­lege's Busi­ness Stud­ies stu­dents a taste of work­ing in a stim­u­lat­ing stock mar­ket en­vi­ron­ment.

Qatar Today - - INSIDE THIS ISSUE -

Col­lege of the North At­lantic – Qatar (CNA-Q) re­cently part­nered with Qatar Stock Ex­change (QSE) to of­fer the col­lege's Busi­ness Stud­ies stu­dents a taste of work­ing in a stim­u­lat­ing stock mar­ket en­vi­ron­ment.

QSE spon­sored the Col­lege's 6th an­nual In­no­va­tion Chal­lenge, a friendly com­pe­ti­tion where stu­dent teams pitch busi­ness ideas to an au­di­ence of peers and in­struc­tors who col­lec­tively rate their per­for­mance. The au­di­ence sim­u­lated a col­lab­o­ra­tive Stock Ex­change en­vi­ron­ment and used crowd-sourc­ing tech­nol­ogy to vote for the busi­ness ven­ture they would in­vest in.

To fur­ther adapt the sim­u­lated event into a real-world learn­ing op­por­tu­nity, there was a Qatari In­di­vid­ual In­vestor com­po­nent, which sim­u­lates State of Qatar reg­u­la­tions that 51% of new busi­nesses must be owned by a Qatari na­tional.

Qatari stu­dents in at­ten­dance used the mo­bile phone app Ka­hoot! to se­lect the busi­ness idea that they would per­son­ally in­vest in. The choices of each of Qatari stu­dent in­vestor were then cross­ref­er­enced with wider au­di­ence stock mar­ket rat­ings to eval­u­ate the stu­dents' busi­ness sense and abil­ity to se­lect a new ven­ture that is ap­pli­ca­ble to the broader pop­u­la­tion. The top three Qatari stu­dents who aligned with the wider stock ex­change were awarded prizes from QSE by rep­re­sen­ta­tives Fa­had Al Sowaidi, Se­nior Pub­lic Re­la­tions Of­fi­cer, and Samer Abu Zaghla, Spe­cial Ad­vi­sor to the Chief Op­er­at­ing Of­fi­cer. Sowaidi said, "QSE is de­lighted to be a part­ner in this com­pe­ti­tion as we are try­ing to raise aware­ness among post-sec­ondary stu­dents of how the stock ex­change works here in Qatar. The com­pe­ti­tion was able to de­liver this ex­pe­ri­ence in a truly in­no­va­tive way – this re­ally is an In­no­va­tion Chal­lenge."

The In­no­va­tion Chal­lenge is a cocur­ric­u­lar event whereby the ac­tiv­ity is in­te­grated with the School of Busi­ness Stud­ies en­trepreneur­ship cur­ricu­lum. Ini­tially, over 100 busi­ness stu­dents in six dif­fer­ent classes pitched their busi­ness ideas to a panel of fac­ulty judges. The top teams from each class were the par­tic­i­pants in the 6th an­nual In­no­va­tion Chal­lenge held on De­cem­ber 6, 2016.

Pe­ter Moore, CNA- Q s En­tre­pre­neur­ial Men­tor, said, "The In­no­va­tion Chal­lenge re­sulted in pi­o­neer­ing busi­ness ideas that stu­dents were truly pas­sion­ate about, and yielded busi­ness ideas that could be very suc­cess­ful new start-up en­ter­prises in Qatar."

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