- Winning faculty team awarded a cash prize of Rs. 75,000.
- Faculty of Engineering Team 3 emerged as the winning team of the overall competition.
- Faculty of Engineering Team 1 and Faculty of Engineering Team 2 secure second and third places respectively.
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 University of Moratuwa on 29th August 2023 respectively.
The quiz concluded significantly as all top three winning teams emerged from the Faculty of Engineering itself. The Faculty of Engineering Team 3 emerged as the winning team receiving a cash prize of Rs. 75,000, whilst Faculty of Engineering Team 1 and Faculty of Engineering Team 2, received certificates for being 1st and 2nd 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, Wayamba University of Sri Lanka, Sabaragamuwa University and the University of Ruhuna, 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 1st and 2nd 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
Regional Refreshments Partner Luminex Bookshops (Pvt) Ltd.