Team EduIndia wins at the Kellogg-Morgan Stanley Sustainable Investing Challenge
Team EduIndia Aims to Foster Education Access and Retention in India; Wins Kellogg-Morgan Stanley Sustainable Investing Challenge
SAN FRANCISCO (Diya TV) — EduIndia, comprised of students from the Kellogg School of Management at Northwestern University, were selected from the field of 10 finalists competing in the Challenge at Morgan Stanley’s New York offices this month. EduIndia’s idea focuses on creating a private growth debt fund fostering education access and retention in India, according to a press release.
The 10 finalist teams were selected from 196 students at 37 schools across 29 countries.
“Millennials are taking notice and action on how to address our social and environmental issues through financial vehicles and are a key growth driver for sustainable investing,” said Audrey Choi, chief executive of Morgan Stanley’s Institute for Sustainable Investing in the release.
“The students in this year’s Challenge are leading the way for the next generation to creatively combine their passion for social change with the goal of achieving competitive financial returns,” she said.
Ashwin Halgeri, Chris Shaw, and Erica Hoeveler were the members of EduIndia who won the competition. Carbon Offset Investment, whose idea focuses on the monetization of the carbon offset value of forestry companies, were the runners-up.
“We are proud to host this challenge in which students can apply their financial acumen and creativity to craft strategies that drive both market returns and social impact,” said Megan Kashner, Professor at Kellogg School of Management at Northwestern University and Director of Social Impact. “The Sustainable Investing Challenge forges the path for tomorrow’s business leaders and innovators.”
The Challenge was created in order to identify and encourage the next generation of sustainable investing industry workers and advocates, as well as connecting students with industry professionals and fostering greater emphasis on sustainability at graduate schools around the world. More information on this year’s finalist and winning teams can be found on the Sustainable Investing Challenge website.
