Overview of Wharton Global High School Investment Competition

The Wharton Global High School Investment Competition is a free, experiential investment challenge for high school students and teachers. Students form teams of four to seven, guided by a teacher advisor, and use an online stock market simulator. They learn strategy-building, teamwork, communication, risk, diversification, and company/industry analysis. Teams analyze a case study for a real Wharton graduate client and develop an investment strategy, analyze industries and companies, and build a portfolio with $100,000 in virtual cash over 10 weeks. Winners are chosen based on the strength of their strategies, not portfolio growth. Teams submit two deliverables, and semifinalists present their strategies virtually. The top 10 teams advance to the Global Finale in Philadelphia.

📍Location

Hybrid, Philadelphia, PA, US🇺🇸

📅 Application deadlines

No upcoming deadlines

💸 Costs & Aid

Free
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All programs are free to participate in.

Eligibility Requirements

📋 General Requirements

Students must work in teams of four to seven, guided by a teacher as their advisor. Winners are selected based on the strength and articulation of their team strategies, not on portfolio growth.

👥 Age Requirements

High school students (9th to 12th grade).

📚 Grade Requirements

High school students (9th to 12th grade).

🌍 Eligible Countries

Worldwide

Application Process

Registration for the 2025-2026 competition opens in June. Official team rosters, midterm reports, and final reports, along with school documentation, must be submitted via Reviewr.

📅 AcademicYear

Duration

7 months

Program Dates

Sep 30, 2024 - Apr 26, 2025

Application Deadlines

Sep 13, 2024 — Registration closes
Student team accounts must be set up by the Advisor (5:00 p.m. ET)
Application Fee: Free
The competition is free.
Oct 18, 2024 — First Trade Requirement
All teams must fully execute one trade on WInS by close of the U.S. markets (4:00 p.m. ET) in order to be eligible to advance to the Semifinals or Global Finale.
Application Fee: Free
The competition is free.
Oct 25, 2024 — Official Team Rosters Submission
Official team rosters must be submitted via Reviewr (5:00 p.m. ET); no changes are permitted after this date.
Application Fee: Free
The competition is free.
Nov 8, 2024 — Midterm Report Submission
Midterm report must be submitted via Reviewr (5:00 p.m. ET)
Application Fee: Free
The competition is free.
Dec 6, 2024 — Last Day of Trading
Close of the U.S. markets (4:00 p.m. ET)
Application Fee: Free
The competition is free.
Dec 13, 2024 — Final Report and School Documentation Submission
Final report and school documentation must be submitted via Reviewr (5:00 p.m. ET)
Application Fee: Free
The competition is free.
Jan — Semifinalists Announced
Application Fee: Free
The competition is free.
Mar — Virtual Semifinals
Application Fee: Free
The competition is free.
Apr 26, 2025 — Learning Day & Global Finale
April 25 & 26, 2025. At the Wharton School, University of Pennsylvania, Philadelphia
Application Fee: Free
The competition is free.