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UNM students win Tun Ismail Ali Chair (TIAC) Monetary Policy Challenge 2022

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The University of Nottingham Malaysia (UNM) student team was named champions of the Tun Ismail Ali Chair (TIAC) Monetary Policy Challenge 2022. The group called HurriKeynes consists of second-year students from UNM's School of Economics.

Under the guidance of UNM Head of School of Economics Dr Teo Wing Leong, the team comprised of Imran Danial Adi Firdaus BSc in Economics and International Economics and BSc in Economics students Lee Wenn Shian and Wan Zulyahya Amri Shoberi.

"We are very proud of this win, although this is not the first time our students have won this competition. In the past years, other UNM students were part of the winning teams, and this win was very special to us since it was a team effort of these three students who worked very hard," Dr Teo said.

"As their advisor and head of school, I am proud that our undergraduate students can ace a competition that expects them to suggest an appropriate monetary policy based on a hypothetical economy," he explained.

The team walked away with cash prizes worth RM 5,000 and an internship at Bank Negara Malaysia. 

The TIAC Challenge is a national-level competition that started in 2018 to promote interest in monetary and public policy and encourage more discourse on contemporary issues among undergraduate students. After a two-year hiatus due to the COVID-19 pandemic, the TIAC Challenge returned this year with a new focus on the formulation of a monetary policy. 

This year, the competition attracted 27 students from seven universities who were shortlisted to compete in the two-day challenge held at Bank Negara Malaysia.

TIAC was founded in 2000 in memory of BNM's first Malaysian Governor, the late Tun Ismail Ali. It aims to encourage research, commentary, and interaction on issues related to monetary and financial policies.

(Image caption: from left to right:  Imran Imran Danial Adi Firdaus, Wan Zulyahya Amri Shoberi, Dr Teo Wing Leong and Lee Wenn Shian)


For media enquiries please contact: Josephine Dionisappu, PR and Communications Manager University of Nottingham Malaysia at

The University of Nottingham is a research-intensive university with a proud heritage. Studying at the University of Nottingham is a life-changing experience, and we pride ourselves on unlocking the potential of our students. We have a pioneering spirit, expressed in the vision of our founder Sir Jesse Boot, which has seen us lead the way in establishing campuses in China and Malaysia - part of a globally connected network of education, research and industrial engagement. Ranked 18th in the UK by the QS World University Rankings 2023, the University’s state-of-the-art facilities and inclusive and disability sport provision is reflected in its crowning as The Times and Sunday Times Good University Guide Sports University of the Year twice in three years, most recently in 2021. We are ranked seventh for research power in the UK according to REF 2021. We have six beacons of research excellence helping to transform lives and change the world; we are also a major employer and industry partner - locally and globally. 

Posted on 28th July 2022

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