On the evening of Nov 8, the 2014 SUFE Students Real Estate Investment Simulation Competition, conducted by SUFE Real Estate Association which is initiated by our undergraduates major in real estate, ended successfully in Room 211 Teaching Building II. After two days more than 10 rounds fierce competition, all the awards come out. This competition is wholly planned and organized by Real Estate Association which is a Student Association organized by SPEA undergraduates of real estate in investment department and involved many related students in the organizing work and competition.
Prof. Chen Jie, real estate academic leader, and Senior Analyst Mr. Zhang Pengfei from DTZ Appraisal and consulting department are invited as honored guests. They followed the whole process and issued awards after the competition.
This competition is a part of comprehensive education reform project of real estate operation and management major of our investment department, and a crucial part of second classroom of real estate professional teaching.This success is another reflection of the emphasis on improving students’ comprehensive ability, training complex competitive strength based on knowledge and skills, building our real estate major into Top Talent training base of domestic real estate area, in our real estate major talent training project.
This competition attracts more than 30 students, mainly in grade 1 and 2, from school of public economics and administration, school of finance, school of accounting, school of economics, school of international business administration, and etc. The referees are students from Real Estate Association. The final starts at 18:00 and takes 140 minutes. Every minute is crucial for the competitors in the fierce process. With a start-up fund of 300,000, each student should make several rounds investment in a short time based on economic data and macro policies published by the host and their own knowledge. At the end of each round, referees would calculate their asserts, check their cash flow, inspect whether they have violated laws or regulations. The whole competition goes on smoothly and in a good order, like a epitome of an orderly market.
After 10 rounds investment, there is a great change in competitors’ cash and total assets. Someone could accurate grasp market movement and make a pile; someone miss opportunities and bear serious losses. At last, He Jiahua from real estate major wins the competition with net profit over 5000000, and another 10 students’ total assets pass 100000.
There are 1 first prize, 2 second prizes, and 3 third prizes in this competition. A notable detail is that the committee, considering the enthusiastic situation and competitors’ serious attitude, with the suggest and support of teachers, change the prizes from 3 to 6, and add 7 prize for excellence, to return competitors’ support. The total prize value around 2000 and are issued by Prof. Chen Jie and Mr. Zhang Pengfei. 
After the competition, the students have a communication on their gaining. They gain new investment experience in this practice and discussion and make improvement in their analysis ability.
At the end, Pro Chen Jie and Mr. Zhang Pengfei give talks separately, making comments, sharing suggestions, and encouraging the sustainable of similar activities. The competitors together with the referees benefit a lot. Prof Chen Jie introduces the updated market movement, and encourages students to follow the development of this industry and take part in more similar activities, highlights that developing real estate industry with social responsibility is a great way to build our beautiful city life, and wishes our SUFE students becoming the leader and top talent in China’s real estate area. Mr. Zhang Pengfei thinks that this competition is well-planned and practical, is a great way to improve career competitiveness, and he also expresses that he would offer more support to SUFE real estate association in following activities. 
This competition gets support from Yoryu International which offered part of the fund and awards.
SUFE Real Estate Association was founded on Oct. 2008, being the only association in real estate area, one of the most promising associations, and a platform for real estate knowledge sharing and practicing. With real estate students being the main part, this association aims to develop academic communication and resource sharing for the whole school, innovate academic achievements in real estate area, display SUFE’s teaching achievements and students’ quality, introduce front ideals, establish a communication platform among teachers and students from both inside and outside the university.