Twenty-four teams from six continents will compete to take home a $3,500 USD prize in the annual Global Network Investment Competition, which launched earlier this month.

The 2018-19 iteration of the Performance Prize portion of the competition, sponsored by the Yale School of Management’s International Center for Finance, includes participants from 16 schools in 15 countries; each team has selected a portfolio of five stocks that are publicly traded in the market where their school is based. According to the competition’s rules, each stock must be priced in the top 75% of all stocks traded in the respective country’s markets and must have average daily trading values for the last 20 days in the top 75% of companies traded on the local market exchanges.

The stocks are weighted equally at the beginning of the competition and teams aren’t allowed to make trades during the competition’s six-month duration, which ends in April 2019.

A second part of the competition, the Security Analysis Prize, will be held in early 2019. That portion requires students to present a detailed report and a virtual pitch to a panel of judges on a stock from the country where their school is based. Winners are chosen based on their proposal, research, how well they respond to a question and answer session, and their presentation skills.