The Challenge: 

Devise a Novel Financial Instrument

to Positively Impact the World 

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Sign up to receive alerts and news, competition deadlines, and (if you're a student) a free annual subscription to ImpactAlpha.

Join the Kickoff Webinar.

Register for the Kickoff Webinar on December 1, 2021 to learn more about the challenge and how to put together a successful submission.

 Every year, the Kellogg-Morgan Stanley Sustainable Investing Challenge invites teams of graduate students from around the world to develop and pitch creative financial approaches to tackle pressing social and environmental challenges.

Need to Get up to speed quickly?

 Download the 2022 Competition Brochure for a one-stop guide on how and why to compete or  watch the 2021 kick off webinar recording to get an overview of the competition. 


In 2021, more than 400 students from over 50 countries and 80 schools proposed novel financial instruments for positive impact. See who won and check out all of the finalists proposals here.


The Challenge facilitates connections with leading industry professionals in order to identify, empower, and inspire those who will make up the future of sustainable finance.

Key Dates for 2022

December 1

Kick Off Webinar

Register to attend the December 1st webinar, learn essential details, get tips, ask questions, and get excited!


January 16

Deadline to Request Mentor

Our network of experts is available to give you feedback on your proposal prior to submission (not required for submission).


February 13

Prospectus Submission Due

Turn in your team's prospectus to officially enter the competition.


February 18

Career Trek

All submitting team members can participate in this unique event to explore career opportunities.


March 7

Finalists Announced

Teams moving on to the final event will be notified, and will receive feedback and resources to turn the prospectus into a pitch.


April 8

Final Event

The 2022 finals will be held, global conditions permitting, in person at one of Morgan Stanley's global headquarters.


Our 2021 Sponsors

Lead Sponsor
Partnering Sponsors
Supporting Sponsors
Collaborating Sponsors
In-Kind Sponsors
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