- Winning faculty teams awarded a cash prize of Rs. 75,000 each.
- Sabaragamuwa University inter-faculty quiz
Winner: Faculty of Medicine Team 1
1st Runner-up: Faculty of Management Studies Team 3
2nd Runner-up: Faculty of Medicine Team 2
- University of Ruhuna inter-faculty quiz
Winner: Faculty of Medicine
1st Runners-up: Faculty of Science & Faculty of Engineering Team 1
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 Sabaragamuwa University of Sri Lanka and the University of Ruhuna, Sri Lanka on 28th July 2023 & 03rd August 2023, respectively.
The Faculty of Medicine Team 1 emerged as the winning team of the inter-faculty quiz at the Sabaragamuwa University of Sri Lanka, receiving a cash prize of Rs. 75,000, whilst Faculty of Management Studies Team 3 and Faculty of Medicine Team 2, received certificates for being 1st and 2nd runners- up, respectively.
At the inter-faculty quiz competition held at the University of Ruhuna, Sri Lanka, Faculty of Medicine emerged as the winning team, receiving a cash prize of Rs. 75,000, whilst Faculty of Science and the Faculty of Engineering Team 1 became tie breakers for the 1st 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 and the Wayamba University of 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
Official Transport Partner: Easy Lanka Express
Regional Hospitality Partner of the event was Mr. P.G.R.A. Sujeewa Wijewardhana, from DSSN Auto Engineers (Pvt) Limited, Moragahayata, Rathnapura.