Qualifying Round Of National Finance Olympiad 2016 Held

KARACHI, (UrduPoint / Pakistan Point News - 23rd Nov, 2016 ) : The qualifying round of National Finance Olympiad 2016 held simultaneously at lCAP offices in Karachi and Lahore on Tuesday. In all a total of 36 teams from prestigious organizations of the country participated.

It was an intensive 3-hour MCQ based exam developed by the technical partners 'A F Ferguson' and 'Ernst and Young'. The computer based testing (CBT) along with providing enhanced exam security allowed quick scoring and the results were announced in the ceremony after a couple of hours.

The top 6 teams that won the qualifying round were Central Depository Company of Pakistan Limited, Gadoon Textile Mills, Grant Thornton Anjum Rahman Chartered Accountants, Kot Addu Power Company, Haleeb Foods Limited and KPMG Taseer Hadi & Company.

Winners have moved into the Grand Final which will be held on November 28 in Karachi. Khalilullah Shaikh, Chairman PAIB and Vice President-South lCAP said, "The main purpose of the Pakistan's premier Finance competition is to engage finance professionals for professional development in a unique way and encourage them to discover their potential, exhibit their talent and celebrate their competence in a befitting manner," he added.

NFO is organized in collaboration with Unilever Pakistan. Ali Tariq, Chief Financial Officer, Unilever Pakistan, said, "Unilever Pakistan's collaboration with the lCAP in launching a first ever National Finance Olympiad in 2015 was part of the organization's thrust to contribute to the development of the finance profession in Pakistan," he added.

It is pertinent to mention here that the finance championship is an initiative by ICAP wherein teams of financial professionals from various organizations compete together to prove their mettle. The first ever National Finance Olympiad was held in 2015 and this is the second time the competition is being held.