The NBU is proud to announce the start of the traditional student championship Monetary Policy: NBU University Challenge 2024. The central bank invites young people from all over Ukraine to participate in this event.
What is the NBU University Challenge?
It is a competition between teams from various Ukrainian universities. Teams have to prepare recommendations for monetary policy decisions. In particular, they need to provide justified suggestions on which decisions the NBU Board should take on interest rates, the official exchange rate, and FX restrictions.
The NBU University Challenge is also a unique opportunity to look behind the scenes of the NBU's actions: to learn about the work of the Monetary Policy Committee, to understand the specifics of monetary policy in wartime, and to communicate with practitioners.
By participating in the competition, students will acquire skills in modern macroeconomic analysis, deepen their understanding of the peculiarities of monetary policy, and improve their skills of analytical thinking, economic and mathematical modeling, teamwork, and public speaking. All of this is important for professional development.
The NBU has been holding the NBU University Challenge annually since 2019. Last year, more than 120 students from 22 universities took part in the championship (representing 11 oblasts of Ukraine and the city of Kyiv). Overall, teams from 49 universities from 21 oblasts of Ukraine have been involved in the competition in five years of holding the event.
Who can take part in the championship?
Teams from any Ukrainian university can participate in the championship. The team must consist of three to five students from the same department. One consultant professor coordinates the team.
Current trainees or employees of the NBU cannot participate in the championship.
How to register and when will the NBU University Challenge 2024 take place?
To get started, you need to fill out the form at this link. The registration is open up to and including 25 September.
An orientation session for registered teams will take place on 27 September. Participants will learn more about central bank instruments, specifics of macroeconomic modeling and forecasting, and the analysis of indicators and risks for making monetary policy decisions.
The teams need to prepare and submit their presentations for the competition until 30 October (inclusive). The names of the short-listed teams will be announced on 8 November, and the championship final will take place on 22 November. NBU Monetary Policy Committee members and invited experts will evaluate the participants’ presentations.
What will winners get?
Finalists will receive diplomas and will be invited for an internship at the NBU. The winning team will be awarded with the NBU Governor Cup and other valuable prizes.
Detailed information about the terms of participation and the main stages of the championship is provided at the link.
See you at the NBU University Challenge!