The Varsity Battles 2023, is an inter-university quiz competition, organized by the Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE), with the objective of educating the university students of all the state universities on the capital market.

The quiz consisted of two stages, where the first stage was the Inter Faculty competition which was held on the 06^th of October 2023 with the participation of 12 teams representing all the faculties of the University of Kelaniya. The team from the Department of Finance secured first place and received a cash prize of Rs. 75,000. The Faculty of Medicine Team 2 and Team 3, emerged as the 1^st and 2^nd runners-up, respectively.

The grand finale of the Varsity Battles 2023 was held on the 7^th of November 2023 at the Grand Kandyan Hotel, Kandy with the participation of 39 teams representing state universities of Sri Lanka. The team from the Department of Finance, Faculty of Commerce and Management Studies, University of Kelaniya emerged as the champions of the first-ever inter-university capital market quiz competition - The Varsity Battles 2023, marking a legendary triumph. The team received a cash prize of Rs. 300,000, a trophy, and several complementary gifts. The team consisted of G.V. Malin Vijayantha, H.P.W. Pamoda Jayasanka, Dilendra Mario Winston Ratnayake, and Yakoob Mohamed Naasik; third and final-year undergraduates of the department. The teams from the Faculty of Engineering of the University of Moratuwa and the Faculty of Medicine of the University of Peradeniya secured the 1^st and 2^nd runners-up, respectively.