Tallinn/Riga/Vilnius, Nasdaq Baltic Market, February 1, 2016
Nasdaq (Nasdaq: NDAQ) announces that the winners of the Nasdaq Baltic Thesis Competition 2015 were honored and awarded during the 10th Baltic Market Awards ceremony on January 28, 2016. Teele Talpsepp representing Tallinn University of Technology with the Thesis “The influence of education and other socioeconomic and trading related factors on the disposition effect on the Tallinn Stock Exchange” was announced the 1st place winner and was granted a EUR 1000 prize.
The 2nd place and a EUR 500 award were won by Agnese Pavlovska and Donjeta Berisha from the Lund University with the Thesis “Herd Behavior in the NASDAQ OMX Baltic Stock Market”. Kęstutis Ivanauskas, a student at the ISM University of Management and Economics and the author of the Thesis “IPO underpricing and aftermarket performance in OMX Baltic” won the 3rd place and received a EUR 250 prize.
For the first time since its inception in 2007, the thesis competition was held on the Baltic level. In total, 45 theses were submitted to the competition. Students from the universities of all three Baltic countries as well as from the United Kingdom, Sweden and Finland submitted their papers to the competition.
“We are delighted to see an overwhelming interest in the Nasdaq Baltic Thesis Competition among the academic youth studying at the leading universities in the economics and finance field in the Baltics and other countries,” says Arminta Saladžienė, Head of Nasdaq Baltic. “Education and close collaboration between academia and business is a vital part of sustainability and progress. We at Nasdaq believe it is a win-win partnership and will continue to provide an all-inclusive platform for learning, exchange of ideas and innovation going forward.”
Theses submitted for the competition were evaluated by the representatives of the academic community, the leading specialists of Nasdaq Baltic, as well as professionals of the Baltic capital market.
Scores were given in five evaluation criteria: independent scientific thinking; relevance and topicality; originality and novelty; applicability, potential for practical application of the results and work continuity.
More information about the competition, including links to the three best theses, can be found here.
The aim of the Thesis Competition is to develop an interest in the Baltic capital market, to encourage students to research and analyze market dynamics, trends and development. The Competition is part of the broader undertaking of fostering young professionals’ interest and competence in the financial markets.
Media Relations Contact:
Audronė Ranonytė
+370 5 253 1475
audrone.ranonyte@nasdaq.com