Business Times, UK: A STUDENT grant of $100,000 (£55,000) is a bit above the average, but next month 15 students at the Institute of Capital Market Research in Vienna will each receive this amount — and get the chance to see what they can make with it on the markets. Since October the 15 — undergraduates finishing their first degrees, or PhD students, at the University of Vienna — have used portfolio software, statistical analysis and information sources, such as Reuters and Bloomberg, to gain a grounding in the markets…. The funds will come from Peter Pühringer, an Austrian multimillionaire and founder of the institute, who likes to dabble in financial markets. His interest in investments and in the historic Vienna School of Economics is clear from a display in the lobby of his Vienna hotel, the Palais Coburg, in which the institute is based.
Source link: http://archive.mises.org/2040/capital-market-researchvienna/