Bangkok--9 Oct--SET
The Stock Exchange of Thailand (SET), jointly with the Romchatra Foundation and partners from the public and private sectors, has recently held the 5th annual university-level Diamond Crown in Economics competition. The student team from the Faculty of Economics, Chulalongkorn University won the university-level gold medal and received the HRH Crown Princess Maha Chakri Sirindhorn Cup, based on their outstanding analyses and presentation of economic concepts.
The 2017 competition could draw 705 students from 66 universities nationwide, the highest number since the university-level competition started five years ago.
SET President Kesara Manchusree said, "The Diamond Crown in Economics competition provides Thai youth with the opportunity to showcase their knowledge of economics, personal financial, Sufficiency Economy philosophy, as well as life insurance. These specialized areas of knowledge play important roles in our daily lives and must therefore be cultivated among the younger generation. If they have a firm foundation in financial management, they can effectively cope with future challenges. This competition is in line with the SET's vision 'To Make the Capital Market Work for Everyone.'"
The Diamond Crown in Economics competition, which originally focused on the primary and secondary school levels, has been continuously organized for nine years. The university-level competition has been held for five years and has captured increasing interests. This year, 705 students in teams from 66 universities nationwide participated, a record-breaking number. The Diamond round of the competition emphasizes high standards in applied economics both in daily life, and in decision-making and problem-solving aspects at organizational, industrial and socio-economic levels. Then in the Diamond Crown round, the finalists must utilize their knowledge, ability, expertise and aptitude to solve problems from the set scenarios. The panel of judges consisted of the nation's top economists who carefully selected the "brilliant diamonds" in economics from among the contestants. The Diamond Crown in Economics competition is considered an important tool to lay a strong foundation of economics among the Thai youth.
The brightest youth teams winning the 5th university-level Diamond Crown in Economics competition include the followings:
- The Gold Medal was awarded to the team ARIMA from the Faculty of Economics, ChulalongkornUniversity. Team members were: Mr. Thammarat Bunjaroenphornsuk and Mr. Sikkawit Amornnorachai
- The Silver Medal winning team RATIONALIZE! was from the Faculty of Commerce and Accountancy, Chulalongkorn University. Team members were: Mr. Jasarin Vorawathanabuncha Mr. Chatramongkol Pinthong and Mr. Parit Chancherngpanich
- The Bronze Medal went to the team ECON CU #5 from the Faculty of Economics, ChulalongkornUniversity. Team members were: Mr. Kamonchai Borsup Mr. Warakorn Awutpanyakul and Supanut Wanchai
This year's gold medalists have had the honor of receiving the HRH Crown Princess Maha Chakri Sirindhorn Cup along with gold medals, scholarships, and certificates. They have also received scholarships for a study trip abroad with their faculty advisors.
The 5th annual university-level Diamond Crown in Economics competition has been organized by SET together with Romchatra Foundation, Faculty of Economics of Chulalongkorn University, Satriwitthaya 2 School under the Royal Patronage of HRH Princess Mother, and Thai Life Assurance Association. The Capital Market Development Foundation, Economic Intelligence Center, Siam Commercial Bank PCL, and President Bakery PCL are co-sponsors.For further results of the competition, please visit: www.set.or.th/phetecon or call SET Contact Center0 2009 9999.