Welcome to Finance Challenge 2021 Online

Create a team of 3-4 people and fight for a 1500 EUR prize pool!


Who can participate?

Any bachelor student of a finance-related degree

It is a team game

Pair up with 3-4 students and think of a creative name for your team.

Solve tasks

In the first round you will be given 10 tasks testing your finance knowledge. Top 12 teams will be given the case to determine 3 winners.

Test your knowledge

SSE Riga FC provides the opportunity to compare your knowledge against an international benchmark. Become a winner!

About SSE Riga FC

The SSE Riga Finance Challenge is an international competition for university students from all over the world, which is unique in the Baltics. Finance Challenge has always been a summit of knowledge. Its main task is to gather students and bring international competitiveness spirit into SSE Riga, it also serves as a milestone for checking the knowledge and comparing ourselves against an international benchmark. The Finance Challenge is so unique because of people that participate, because of those who foster international friendship and knowledge sharing. Participants will get an opportunity to apply their knowledge in Economics and Finance in practice as well as to win valuable prizes amounting to EUR 1500!

  • 25 May – 12 June
  • Prize pool – 1500 EUR

Team requirements

In order to participate, we require you to form teams of 3 or 4. You have to come up with a name for your team (in case the name comes out to be inappropriate, iFund has the right to deny participation). There should be only one application per team. If you cannot form a team, you might still register; all individual applicants will be randomly assigned into teams of 3 or 4. Based on our experience, your chances are way higher if you form your own team.

  • Team of three or four undergraduate students

Knowledge tested

In cooperation with our sponsors, all finance professionals, we have prepared a range of tasks for the first round covering Corporate Finance, Financial Reporting and Analysis, Valuation, Investment Banking and Portfolio Management. You will have to choose the right answer in our platform, so the grading will be fully automatic and transparent. In the second round, you will deal with a valuation case. Some questions will be graded automatically and some you will be asked to present to our judges.

Practical application

Solve financial problems in tasks simulating real-life scenarios

Time pressure

You will face significant time pressure – split the tasks efficiently!

Do not miss the opportunity to show your knowledge in finance!



At SSE Riga we are strong at deadlines. Therefore, pay attention!

  • Start of registration

    5 May

    Please fill the form by clicking the button above. Only one registration per team for team applicants; individual registration for individual participants. Bachelor students only.

  • Closing of registration

    21 May

    Get ready for the tasks!

  • Start of Round 1

    25 May

    We will send the tasks in Excel format to your email address.

  • Submissions for Round 1

    1 June

    You will receive a link to the submission platform and your team’s PIN code so that nobody can submit answers for you.

  • Results of Round 1

    3 June

    Follow our social media for the public team rankings. Your names will not be disclosed. Top 12 teams get into finals, 3 runner-ups will get diplomas signed by the Rector of SSE Riga.

  • Start of Round 2

    4 June

    We will send the case and tasks in Excel format to your email address.

  • Submissions for Round 2

    9 June

    On this day, you submit your calculated answers and keep working on the qualitative questions.

  • Presentations for Round 2

    12 June

    Our judges will listen to your answers to qualitative questions and grade them.

  • Official closing ceremony

    19 June

    During the ceremony, we will announce the winners and their score, as well as disclose the names if you agree. Our judges will provide overall feedback.

Info session

We have prepared a special information session for all the applicants. Join us at 19:00 on the respective day and ask your questions! We will tell you all you need to know about the competition in detail.



19:00 GMT +3:00 (Riga)

Do not miss the opportunity to show your knowledge in finance!



We are very grateful to sponsors who make the SSE Riga FC possible


Financing business

SSE Riga iFund

Student Organisation


International financial modeling competition


Student Association of SSE Riga


We make sure that grading is professional by asking top financiers to help

Maksims Sičs


Financial Modeling World Cup (FMWC) is an international financial modeling competition gathering experts in finance from all over the globe. As financial consultant at AG Capital Maksims is advising customers on FP&A, budgeting and other in retail, construction, real estate, IT and other industries.

Artjoms Ogorodniks

MSc in Quantitative Finance at WU Wien

Artjoms earned 3rd place in Rotman European Trading Competition, an intensive quantitative finance challenge gathering 40 teams from the leading European Universities. He also ranked Top 15-20% in ModelOff – financial modeling competition gathering 5000+ worldwide professionals.

Elīza Oša-Večena

Investment Manager at Capitalia

Financial analysis, investment management, and business development at Capitalia – the leading non-banking financing provider for small and medium companies in the Baltic States. Prior experience in pension fund management.


Please send us a message if you have any questions!


Strelnieku 4a
Riga, Latvia LV-1010





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