Japan Students Investment Union

World Investment Competition 2025

The Investment Olympics

WIC2025 brought together student teams from 16 universities in 9 countries for a three-month global investment challenge. The competition concluded on March 13, 2026.

WIC2025 Sponsors

  • Interactive Brokers
  • TradingView
  • Webull Securities
  • Okayasu Shoji
  • Nihon Securities Journal
About the Competition

What is WIC?

WIC is a global demo-trading competition in which student teams from around the world compete over three months on both investment performance and written investment reports.

With the support of Interactive Brokers and our other sponsors, every participant traded through a paper account with real-time market data: conditions as close to the live market as a competition can get.

Total Prizes$15,000Round-trip flights to Japan, TradingView Premium, VIP dinners, a commemorative pure gold coin and more.See the prizes
The WIC2025 Field

A truly global field

Student teams from North America, Europe, Asia and Oceania traded side by side for three months.

9
Countries
16
Universities
2,913
Trades
23
Reports Submitted
Germany
Ludwig Maximilian University of Munich
LMU Investment Club
Japan
Waseda University
Forward Investment Club
Canada
University of Alberta
The Business Finance Association
Switzerland
University of Geneva
IFSA Geneva
India
Indian Institute of Technology Roorkee
Finance Club IITR
United States
University of California, Los Angeles
Germany
Technical University of Munich
TU Investment Club e.V.
Japan
Keio University
Australia
University of New South Wales
Alternative Investment Society
United Kingdom
University of Sheffield
Investment Society
United States
Roger Williams University
MBA Program
Malaysia
Universiti Kebangsaan Malaysia
Bursa Young Investor Club
Germany
RWTH Aachen University
Aachen Investment Club
Canada
University of Toronto
Rational Capital Investment Club
Japan
Meiji University
India
University of Delhi
Alpha Research & Investment Cell
Germany
Ludwig Maximilian University of Munich
LMU Investment Club
Japan
Waseda University
Forward Investment Club
Canada
University of Alberta
The Business Finance Association
Switzerland
University of Geneva
IFSA Geneva
India
Indian Institute of Technology Roorkee
Finance Club IITR
United States
University of California, Los Angeles
Germany
Technical University of Munich
TU Investment Club e.V.
Japan
Keio University
Australia
University of New South Wales
Alternative Investment Society
United Kingdom
University of Sheffield
Investment Society
United States
Roger Williams University
MBA Program
Malaysia
Universiti Kebangsaan Malaysia
Bursa Young Investor Club
Germany
RWTH Aachen University
Aachen Investment Club
Canada
University of Toronto
Rational Capital Investment Club
Japan
Meiji University
India
University of Delhi
Alpha Research & Investment Cell
Map of the 16 universities from 9 countries that took part in WIC2025
WIC2025 Results

The 2025 Champions

WIC2025 champion team, LMU Investment Club, holding the trophy

LMU Investment Club

Ludwig Maximilian University of Munich (LMU München)

Munich, GermanyGermany
Team return over three months · Dec 15, 2025 – Mar 13, 2026

Award Winners

  • Overall Performance — 1stLMU Investment Club+33.3%
  • Overall Performance — 2ndTU Investment Club+14.0%
  • Overall Performance — 3rdIFSA Geneva+1.2%
  • Most Valuable PlayerHana Shigeta, University of Sheffield+54.1%
  • Trader's Award (Reports)TU Investment Club93 / 100 pts
  • Options Trading AwardLMU Investment Club+46.2%
Full final rankings
Awards

Prizes for the Winners

With a $100 team fee, win prizes worth $15,000

Prizes provided as products/services, not cash

Flights to JapanVIP DinnersTradingView PremiumPure Gold Coin
  • Team

    Overall Performance Award

    Based purely on investment performance.

    • 1st Place: Round-trip flights for 3 + TradingView Premium (1 year) + Exclusive dinner with Webull executives
    • 2nd Place: TradingView Premium (1 year)
    • 3rd Place: TradingView Premium (6 months)
  • Team

    Trader's Award

    Evaluated by judges based on reports and portfolio management.

    • Commemorative pure gold coin (24K), provided by Okayasu Shoji
    • Exclusive dinner with judges Shimura & Yamanaka at a premium restaurant
  • Individual

    Most Valuable Player Award

    The best individual performance of the competition.

    • Round-trip flight (1 person)
    • Invitation to Waseda Forward Investment Club party
  • Team

    Options Trading Award

    Excellence in options trading. Granted by Webull Securities.

    • VIP dinner with Webull executives
Judges and organizers on stage at the WIC2025 closing ceremony, with teams joining on screen
The WIC2025 closing and awards ceremony, March 22, 2026. Teams joined online from around the world.
The three members of LMU Investment Club at a sushi counter in Tokyo
The champions from LMU Investment Club in Tokyo, on the trip to Japan they won.
In Their Words

Voices from the field

From our interviews with WIC2025 teams, February–March 2026.

It's a pretty cool way for a team, or even for an investment club, to build more unity. It's more like a team sport. … And also to show your investment club, to present it to the world.
With the Interactive Brokers account, we have a lot of capital and can buy professional products. … For the students, it's a perfect place to dig into new topics.
I always wanted to see if I'm good at this or not. This was a good opportunity to see if I actually have what it takes to maybe work in sales and trading someday.
The Panel

Judges

Two seasoned market professionals scored every investment report submitted in WIC2025.

Nobuhiko Shimura

Nobuhiko Shimura

CEO, Skye Investment Managers Co., Ltd.

Visiting Fellow, Stanford University

Yasuji Yamanaka

Yasuji Yamanaka

Director, Ascendant Inc.

Rules & Schedule

Competition Details

How WIC2025 was run: the schedule, the rules and the reporting requirements.

Schedule

  1. Dec 1, 2025
    Kickoff (Zoom)
  2. Dec 1 – 14, 2025
    Trial Trading Period
    14 days
  3. Dec 14, 2025
    Opening Ceremony (Zoom)
  4. Dec 15, 2025 – Mar 13, 2026
    Trading Period (3 months)
    89 days
  5. Mar 22, 2026
    Closing and Awards Ceremony

Rules Overview

Who Could Enter

  • High school, university and graduate students
  • Teams of 3 students
  • Entry fee: $100 per team

Trading

  • A $1,000,000 virtual portfolio for each participant
  • Team result: the three portfolios combined
  • U.S. equities, ETFs and options, on Interactive Brokers demo accounts
  • No trading in stocks priced at $1.00 or below

Reports

  • Final report (mandatory): 80 pts. Strategy, analysis and results over the full three months.
  • Monthly reports (optional): up to 20 pts, in Dec, Jan and Feb.
  • PDF, in English, no length limit

Fair play: latency arbitrage, trading on insider information and market manipulation were prohibited, on pain of disqualification.

DocumentsWIC2025 Rulebook (full rules)IBKR Quick Start GuideMargin OverviewUS Stock Margin RatesWhat is SMA?

Past Editions

WIC2024

WIC2024 champion team, TU Investment Club

Champion

TU Investment Club+28.4%

Technical University of Munich, Germany

The inaugural WIC brought together 12 universities from 9 countries. Over two months, the winning team grew its portfolio from $300,000 to $384,000.

“The most important point for us was coming up with a strategy that was fitting the two-month time horizon of the competition. We decided to combine elements of traditional investment wisdom and high-conviction tactical trades.”

WIC2025 Has Concluded

The competition concluded on March 13, 2026. Thank you to every team that took part in the Investment Olympics. The next edition is planned for this winter.