College Fed Challenge

College Fed Challenge Winners from Rutgers UniversityStudents from Rutgers University–New Brunswick won the College Fed Challenge, demonstrating a grasp of economics that propelled them to the top of this tough national competition.

The College Fed Challenge encourages students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System. Students deliver a 15-minute presentation and respond to questions from a panel of three top economists at the Federal Reserve System.

At the finals in Washington, D.C., Rutgers undergraduates Karn Dalal, Ali Haider Ismail, Andrew Lee, Shivram Viswanathan, and Ashton W. Welles outperformed teams from Appalachian State University, Dartmouth College, Princeton University, and the University of Chicago.

“It was an absolutely stunning moment,” said Jeffrey Rubin, an emeritus professor in the Department of Economics, School of Arts and Sciences, and the team’s adviser since the competition began in 2003. 

Back in New Brunswick, the team was feted with cake and congratulations at New Jersey Hall, home of the economics department. “This is a moment worth celebrating,” department chair Tom Prusa said. “You have made Rutgers history.”

CME Group Trading Challenge

CME Group Trading Challenge Winners From Rutgers UniversityNearly 600 teams took up the CME Group Trading Challenge. One won: Rutgers.

Rutgers Business School graduate students Jiachen Chu, Chengran Su, Cheng Xu, Wanyu Zhang, and Zhihao Zhou placed trades that more than doubled their $250,000 in simulated seed money, earning them a strong win at the annual futures trading contest. 

CME Group, a Chicago-based operator of trading marketplaces, sponsors the college competition as a way to educate students about the derivatives markets and the global economy.

Cross Examination Debate Association National Tournament and the National Debate Tournament

Rutgers Debate WinnersRutgers University–Newark debaters hold not one but two national titles, making them one of only two teams in U.S. history to win both Cross Examination Debate Association's National Tournament and the National Debate Tournament in a single year.

At the CEDA tournament in mid-March, debate pair Devane Murphy and Nicole Nave defeated close to 100 of the nation’s best teams, who were judged on their research, persuasive speaking, argumentation, and philosophy. Nave also garnered the first place speaker award and an All-American Award for her debate and academic success.

Later that month, at the invitational National Debate Tournament, sponsored by the American Forensic Association with the Ford Motor Company Fund,  the two placed first among 78 teams, including a string of victories against teams from Georgetown, Emory, the University of Georgia, and Wake Forest. Murphy earned the tournament’s speaker award, with Nave taking second place.

Commenting on the victories, Rutgers University–Newark Chancellor Nancy Cantor said, “It is hard to overstate the magnitude of this achievement."

The Regional Hult Prize Challenge

The Regional Hult Prize Challenge Winners from Rutgers UniversityRutgers Business School seniors Gia Farooqi, Moneeb Mian, Hasan Usmani, and alumna Hanaa Lakhani won the regional Hult Prize Challenge, beating teams from 70 schools including Harvard, Yale, Princeton, and the London School of Economics. 

The Hult Prize is a year-long competition that challenges MBA and college students to create start-up businesses that solve a pressing social issue. In a six-minute pitch, the Rutgers team detailed a compelling plan for Roshni Rides, a business to provide electric-powered rickshaws in refugee settlements as an affordable, hop-on, hop-off way for residents to travel to jobs, schools and vital services, such as hospitals and markets. 

Professor Alok Baveja, who worked with the students, said the Roshni Rides team embodies a truly inspiring ethos—"Real success lies in having a positive impact on the lives of others."

You can follow the progress of the team through the team’s Facebook page and crowdfunding page.

Other student achievements

15 Fulbright Grants • 12 National Science Foundation Graduate Research Fellowships • 2 Princeton in Asia Fellowships • Barry M. Goldwater Scholarship • Gates Cambridge Scholarship • Beinecke Scholarship • Harry S. Truman Scholarship • Charles B. Rangel International Affairs Fellowship • Department of Energy Computational Science Graduate Fellowship • National Defense Science and Engineering Graduate Fellowship • Thomas R. Pickering Foreign Affairs Fellowship • Public Policy and International Affairs Fellowship • Computing Research Association Outstanding Undergraduate Research Award

Read more about Rutgers students making their mark with impressive achievements: