Decision Quest: A Financial Journey by ProfNITT
Participants will be challenged to make financial decisions that mirror the choices people face throughout their lifetime. Each decision will be associated with a specific age or life stage, and participants will need to weigh the benefits and consequences of their choices. Additionally, a "Happiness Index" will measure the overall happiness and satisfaction of the participants based on the decisions they make.
- A preliminary round quiz is designed to evaluate your knowledge and understanding of financial concepts and decision-making. It serves as the initial phase of the competition.
- Participants will be presented with a series of life stages or ages.
- At each stage, they will be required to make financial decisions, such as
investing in medical insurance, buying gold, or purchasing a home.
- Decisions may have various financial implications and potential long-term
consequences.
- The cumulative impact of these decisions will shape the financial
trajectory of the participant's virtual life.
- Happiness index will be there which will measure how happy people are
after taking those decisions.
- The "Happiness Index" will reflect the emotional and psychological well-
being of participants in response to their choices.
- Only individual participation is allowed.
- Exclusively for first years.
- Team members should be the same for the teams participating in the workshops and events.
- Participants must make decisions based on the options provided within the competition framework.
- A time limit will be enforced for making each decision, simulating real-life time constraints.
ProfNITT reserves the right to modify any rule or format at any point during the event to ensure fair and efficient competition.
Participants' financial decisions will be evaluated based on their overall financial wellness and their ability to maximize the Happiness Index. The competition aims to promote not only financial success but also overall well-being and satisfaction.
- Bhuvaneshwaran M - +918220533117
- Suryabh Bhattacharya - +917307272958