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CFA Institute Research Challenge India Finals – Telecast on Bloomberg UTV

posted Dec 23, 2011, 12:49 AM by Biharilal Deora CFA

Watch the telecast of the National final on Bloomberg UTV on 

  • Saturday, December 31, 2011 – 3.00pm
  • Sunday, January 1, 2012 – 4.00pm

Mumbai, India, 19 December 2011: At the finale of the CFA Institute Research Challenge held in Mumbai, Indian Institute of Management (IIM) Shillong and Indian Institute of Foreign Trade (IIFT) Delhi emerged as winners to represent India in the 2012 Asia Pacific Regional Final of the competition.  The India competition ( witnessed 32 leading business schools and more than 150 students across the country competing over the past six months in the prestigious competition, an annual global educational initiative launched by CFA Institute.

In India, CFA Institute and its member society Indian Association of Investment Professionals (IAIP) hosted the local competitions. The India competitions were supported by three premier organizations, including the National Stock Exchange of India (NSE), Bloomberg, and Bloomberg UTV as sponsors and long-term corporate partners.

Four zonal winners from each zone (North, South, East and West) presented their research reports and equity recommendations to a distinguished panel of judges at the India National Final held at the Bloomberg offices in Mumbai on 13 December 2011. The participants and their subject companies were:

Zonal final

Winning team from zonal final

Subject company

South Zone

The Institute for Financial Management and Research, Chennai

Coromandel International Limited

East Zone

Indian Institute of Management, Shillong

Emami Ltd.

West Zone

Shailesh J. Mehta School of Management, Indian Institute of Technology, Bombay

Marico Limited

North Zone

Indian Institute of Foreign Trade, Delhi

Petronet LNG Ltd

This year’s panel of judges for the India National Final comprised Mr. Sunil Singhania, CFA, Head - Equity Investments, Reliance Capital Asset Management Ltd, and  President of IAIP; Mr. Ratnesh Kumar, Managing Director and Head, Standard Chartered Securities (India) Limited; Mr. Alan Meder, CFA, SVP and Chief Risk Officer, Duff & Phelps Investment Management Co., and Vice Chair, CFA Institute Board of Governors; and Mr. Ramesh Damani, a seasoned investor with over two decades of experience.

The triumphant IIM Shillong and IIFT Delhi teams are all geared up to represent India at the Asia Pacific Regional Final to be held in Hong Kong on 2 March 2012, when they will compete against teams from Beijing, Hong Kong, Indonesia, Japan, Korea, Malaysia, Melbourne, New Zealand, Pakistan, the Philippines, Shanghai, Singapore, Sri Lanka, Sydney, Taiwan, Thailand, and Vietnam.

About Indian Association of Investment Professionals (IAIP)

IAIP is an association of local investment professionals consisting of portfolio managers, security analysts, investment advisors, and other finance professionals. As one of 135 CFA Institute member societies, IAIP connects members to a global network of investment professionals. IAIP promotes ethical and professional standards within the investment industry, facilitates the exchange of information and opinions among people within the local investment community and works to further the public’s understanding of the CFA designation and investment industry. IAIP is headquartered in Mumbai and was established in April 2005. (IAIP website: and

About CFA Institute Research Challenge

The CFA Institute Research Challenge is a global competition which tests the analytic, valuation, report writing, and presentation skills of university students. Students have the unique opportunity to develop and present an equity research report and be mentored and judged by leading industry experts. Local CFA Institute member societies host and launch local competitions involving teams of three to five business and finance students from participating universities who work directly with a local company in researching and preparing a company analysis. The local winning teams will advance to the respective regional finals held in Asia Pacific; Europe, Middle East & Africa; Americas; and New York regions. The regional winners will then advance to the global final in the hopes of being crowned the global champion.

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