SP Business School

Designing Business. Defining Tomorrow

SP Business School

Designing Business. Defining Tomorrow

SP Business School

Designing Business. Defining Tomorrow

uSPRINT 2015


uSPRINT Award Ceremony held on 23rd September 2015


From left to right : Mr Ong Chai Lin (Lecturer), Mr Loh Yew Hoe (DBKF Course Chair), Mr Lester Goh (DBKF Student – Weekly Prize Winner & 2nd in SP Cateory), Mr Kok Heng Loong (Executive Director UOB Kay Hian Pte Ltd) and Mr Ong Jin Zen (DBID Student – Overall Category 3rd Prize Winner).

uSprint Write-Up

uSPRINT 2015 is UOB Kay Hian Singapore Inter-Polytechnic Real-time INvestment & Trading competition. This was the third year the competition was being held. Compared to the previous years, this year was inter-poly and had bigger and more attractive prizes.

The uSPRINT 2015 experience was a meaningful one for me. Not only did I get to experience real-time trading first-hand, I also got to put what I have learnt to the test in a real-world situation. Learning within school is all well and good, but the competition took that one step further by allowing me to test trading strategies. Moreover, the competition allowed me to face off against many others (~1,800 students participated from 4 polytechnics), enabling me to gauge how well I stacked up against others.

Since the competition period was rather short (~5 weeks), I adopted a contrarian approach looking for the most beaten-down stocks in the past months. A conglomerate was suspected of being unable to secure funding for future operations, inter alia, which sent the stock down ~60%. Considering massive commodity headwinds (specifically, oil), on the surface it seemed like the sharp drop in price was warranted.

However, digging deeper into the financials revealed that the conglomerate was in a good place financially – they had billions in undrawn credit lines and could raise cash from asset sales if needed. Hence, it seemed like the reason for mispricing was due to an overreaction by the market (given the macro pressures, such a reaction could be justified). There was considerable margin of safety – shares were trading at ~40% of book value. Even with conservative scaling of assets, the potential for downside still seemed minimal. Additionally, the stock was heavily shorted and thus a decent level of price appreciation would result in a short squeeze, intensifying my upside – essentially a ‘sure’ win setup.

I went long the stock and the bet paid off handsomely.

In essence, the competition taught me to look for stocks that are unfairly priced as a result of investor overreaction, along with reasonable margin of safety to limit the probability of a permanent loss of capital. I also learnt that it is hard to seek alpha by going with the crowd. Substantial alpha can only be realized with a contrarian approach.

Lester Goh
DBKF/FT/3B/01


Note - The student writer achieved 2 prizes in this competition. He won 2nd Prize in the ‘Top in School-Singapore Polytechnic’ category and topped the overall rankings in Week 4.

 

 

 

 

 

 

Our Achievements

Singapore Human Resource Challenge 2016 - The CHAMPION team !!!

We were from the SP Business School – Diploma in Human Resource Management with Psychology (DHRMP). Our team, Personer consisting 4 members: Claira Goh, Cindy Lee, P Sharmini and Shieromie Dias.

Singapore Business Plan Competition 2016

Two DAC students, Cheryl Lai and Javin Chan Jun Wei, emerged as the first-runner up in the University of Newcastle (UON) Singapore Business Plan competition 2016 on 3 September 2016.

Gatsby Marketing Challenge 2016

Students from DBA, DAC and DEEE taking the Fundamentals of Marketing module in AY 20162017 Semester 1 got to work on an industry project based on the Gatsby Moving Rubber brand.

FINALS OF THE MENTHOLATUM MARKETING PLAN COMPETITION 2016

12 August 2016 - It was a day of many emotions for 3 teams from the final year Diploma in Business Administration (Marketing Management) option students.

Business China Youth Showdown

SP's School of Business (SB) recently held the Business China Youth Showdown on the 13th of July 2016.

Singapore Logistics Association (SLA) Supply Chain Challenge

Two teams of Business School students clinched the Top two prizes in the finals of the annual Supply Chain Challenge competition (SCC 2016) held on 22 July 2016 organised by Singapore Logistics Association (SLA) and co-sponsored by Spring Singapore.

ICAEW Regional Business Challenge 2015

DAC students took part in the first ever ICAEW Regional Business Challenge and walked away as 2nd-Runner-Up!

Poly's tie-up with RWS gives students an edge in jobs

New programme will offer interns opportunity to work full-time at higher position and pay scale.

Cool Japan Seminar 2015 and International Symposium on Technology for Sustainability 2015

Having the opportunity to attend the Cool Japan Seminar (CJS) 2015, held in Hachinohe from 25th of April to 2nd of May.

Singapore HR Challenge 2015

SP Business School team, “Times New Romans” comprising of students from the Diploma in Human Resource Management with Psychology (DHRMP) emerged First Runner-Up (Polytechnic Category) at the Singapore HR Challenge 2015.

Audit and Accounting Challenge 2014

4 DAC students joined the Audit and Accounting Challenge (AAC) competition which is hosted by NTU and achieved the second runner-up.

SP-ICAEW Networking Event at Cricket Club

A group of Year 2 Student attended SP-ICAEW Networking Event during the June vacation holiday on 12th June 2014 at City Hall Cricket Club.

SP-ICAEW MOU Signing cum networking event

SP signed a Memorandum of Understanding (MoU) with ICAEW to develop a Finance and Accounting Acceleration Programme.

SB Kindness Project 2014

SB Kindness Project 2014 was launched by a joint collaboration between DAC and DBA, and what a heartwarming success it was!

ASEAN Connect 2014

ASEAN Connect is a learning program for the SP Business School students, in collaboration with targeted universities and industrial partners in Indonesia, Thailand and Malaysia.

National tax competition 2014

We are a group of Year 2 students from the accountancy course who recently participated in the National Tax Competition organized by NTU as of 22 March 2014.

Peer Coaching Programme 2013 – “Interviews Live”

Year 2 students from the Diploma in Human Resource Management with Psychology (DHRMP) conducted mock interviews, as well as, gave constructive feedback to 28 Year 3 SP students. Called the Peer Coaching programme – “Interviews Live”, it was a first time collaboration between SP Business School and the Student Service Centre.

Future China Global Forum And Future China Youth Forum

The first 2 days, 8 and 9 July 2013, was the Future China Global Forum (FCGF) at Shangri-la Hotel, Singapore.

SPRING Executive Development Scholarship Award Ceremony

Our heartiest congratulations to Dennis Teo Jun Wei, our DAC Alumni, for being awarded the SPRING-GREENPAC Singapore Executive Development Scholarship 2013.

The National Tax Competition Reflection

A group of Year two students from DAC/FT/2B/06 who recently participated in the National Tax Competition organized by NTU on 2 February 2013.

Competing against the Region’s Business Students

4 students from Diploma in International Business risk exam grades to head to Indonesia for an International Business Model competition.

4 DBID Students Earned a Trip to Rochester Minnesota

In September 2013, 4 Diploma in Business Innovation and Design (DBID) students were selected by their lecturers and client, Inno4, to attend a conference on health care conference called TRANSFORM.

DBID-SIA’s Product Innovation Team Lands at SP , a recount by DBID 2nd year student by Jereme Tan

On 24th July this year, we were very fortunate to have for the first time a visit to SP’s School of Business the leader of product innovation of our flag carrier, Singapore Airlines. The attached story is a recount by our 2nd year DBID Student Jereme Tan on his thoughts about the talk and the sense of his privilege that he was able to get close and personal with the team behind the award winning team of innovators.

DBID- MND Scholar Kao Hwee Ling shares her experience on a joint project with Housing Development Board and National Development Board

Five Diploma in Business Innovation and Design (DBID) Ministry of National Development (MND) scholars who had the honour to work on a real-world project with the MND.

DBID students wins $75, 000 worth of scholarships

For the second year running, students from DBID have earned the prestigious honour of being the only polytechnic students who were conferred Ministry of National Development Executive Development and Growth Exchange (MND-EDGE) scholarships

Diploma in Business Innovation and Design Team Becomes First National WINNER for the Hewlett Packard- Junior Achievement SOCIAL INNOVATION RELAY!

4 students from the Diploma in Business Innovation and Design (DBID) participated in the Junior Achievement and Hewlett Packard Social Innovation Relay this year.

Triumph for Team SWAX at IMC 2012

Ten teams, five countries, 3 winners. SP Business School brought home a Bronze Medal during the International Marketing Competition last Saturday, 3 November 2012.

Citi FX Challenge 2011: SP Business School Students Clinch 3 Winning Positions

The Citi Foreign Exchange Challenge 2011 was held in Asia Square. There were 300 teams taking part in the tertiary competition.

AirAsia Marketing Plan Competition 2012

About 130 students and guests attended the Finals of the AirAsia Marketing Plan Competition 2012

Bringing JOY to DHRMP students

SP Business School team, “Joy”, comprising 4 students from DHRMP emerged First Runner-Up (Polytechnic category) at the Singapore HR Challenge 2012.

Singapore Indian Chamber of Commerce and Industry (SICCI) Youth Enterprise Awards 2011

On May 2011, the Singapore Indian Chamber of Commerce announced the launch of the Singapore Youth Enterprise Awards.

SP Business School winning team earns a Merit

SP Business School’s winning team earns a Merit at the Chartered Institute of Marketing (Singapore) International Marketing Competition

SP Business School Winners at Official [email protected] 2011

Official [email protected] 2011

2011 Worldwide Competition on Microsoft Office

The 2011 Worldwide Competition on Microsoft Office attracted more than 228,000 unique candidates from 57 countries.

Entrepreneurial Thinkers Excel in Global Marketing Competition

FedEx Express Junior Achievement International Trade Challenge Singapore.

National Management Competition 2011

The National Management Competition is an annual tournament aims to inculcate entrepreneur spirit and business management skills in participants.

MOS 2011

2011 Singapore Microsoft Office Academic Skills Challenge National Finals was held at ITE West Campus on 15 June 2011.

All Round Winners for DHRMP Students at Singapore HR Challenge 2011

All Round Winners for DHRMP Students at Singapore HR Challenge 2011

7th International Marketing Competition (IMC) 2010

SP Business School team was awarded the Gold Award in the local category, beating other polytechnics and private tertiary institutions.

A Win in the Asian Management Game

Fencing off tough competition from India, Macau, Malaysia and Hong Kong, our students representing Singapore in the Asian Management Game (AMG) emerged as runners-up!

FedEx / JA Competition 2010

Two teams comprising of students from DBA-IBT option emerged as merit winners in the Singapore Finals of the FedEx / JA International Trade Challenge 2010.

SB Students Represent Singapore at Global Management Challenge Finals

Team SP Strategists from the Diploma in Banking and Financial Services (DBF) represented Singapore at the international finals held at Khanty-Mansiysk, a beautiful town in Siberia, Russia.

Finex 2009

Our students scored another win for SB!

Citi FX Challenge 2009

Our students did SB proud again

Acing their Studies at NTU

SP Biz School Alumni proved that they are no shrinking violets when it comes to blazing the academic trail.

Graduate's Achievements

Our very own scholars in the local universities.

Up there with the best

SB students prove they are no slouches when it comes to management even against professionals!

Another achievement by SB students

DBA Students Emerge Champions in International Marketing Competition