EIB Test April 2008 | Page 65

EIB Summer 2011 STOCK PROJECT The Description of Stock Project The stock project is one of EIB’s individual projects. This project is used to let EIB students familiar with the stock market. Every EIB student got 30,000 dollars virtual currency to invest. Every student needed to invest the $30,000 into three companies, and these companies should be publicly traded on the New York Stock Exchange. Student needed to select one high risk company, one low risk or Blue Chip Company and one that has headquarters in their home country. After the investment, the students needed to create a stocks portfolio of these three companies. The Requirements of this project Every EIB students wrote two memos for this project. In the first memo, they needed described the companies they chosen and the reason and the allocation of their funds in the stock summary table. In the second memo, they needed to explain why the companies’ stocks changed in detail by discussing any news that affected the companies’ performance and market reports. What We Learned From This Project This individual project helped EIB students knew how to invest money in stock market and how to analyze the stock markets. By doing this project, EIB students can also improve their writing skill and they can learn how to prepare business reports. Written by Lin Yuan