The Youth Money Olympiad (YMO) is India’s largest personal finance initiative aimed at college students. Now in it’s 6th edition, the YMO has grown from strength to strength over the last several years. Over 50,000 students across the country have participated in and benefited from the YMO. The YMO is conceptualized and executed by Money-Wizards, a senior IIM alumni venture headquartered in Singapore with operations in India. The YMO is conducted in 2 stages. The first stage is the college/university round. This round is conducted from June to April across the nation’s campuses. The top 5% of test takers from each college are invited to take part in the national level finals conducted in the month of May every year.
Just like the IPL, the YMO has been a platform for the raw unsung talent (in the field of personal finance) in the country, often found in not so obvious cities and town. For example, the YMO 2018 winner is an MBA student who hails from an unbranded college. In the past, we have had winners who were 1st year undergraduate students as well as MBAs from the prestigious IIMs.
The YMO is administered as a MCQ assessment that tests the personal finance basics of the test taker. The YMO is completely online and can be taken across a variety of devices like a laptop or a mobile phone, anytime, anywhere at the rest taker’s convenience.