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Faculty Advisors and Mentors Interaction Guidelines

posted Sep 5, 2011, 8:44 PM by Biharilal Deora CFA   [ updated Sep 15, 2011, 5:02 AM ]

Please note that Faculty advisors and Mentors are welcome to attend the company presentation after online event registration but they cannot ask questions during the session.

Students are advised to follow the Official Rules while interacting with Faculty Advisors and Mentors and maintain the time log (http://www.iaipirc.org/irc-2011-12/time-log)

2.4 Research:

Teams may utilize their Industry Mentor or Faculty Advisor as resources, but may not enlist the help of any other professionals in conducting research or writing the report. Prior to contacting the Subject Company, its customers, competitors or suppliers, the Team must submit its questions to the Faculty Advisor or Industry Mentor and forward the same to team@iaipirc.org to facilitate the discussion The Faculty Advisor or Industry Mentor must participate in each contact but only for the purpose of ensuring that no material non-public information is discussed.

Faculty Advisors and Industry Mentors are not permitted to ask any questions or provide any opinions on the Subject Company.

RULE 3: FACULTY ADVISORS, INDUSTRY MENTORS

 3.1 Faculty Advisors

Each Team will be provided 1 Faculty Advisor. The Faculty Advisor may not contribute content to either the Written Report or Presentation. The Faculty Advisor’s primary responsibility is to provide guidance and direction to the Team throughout all levels of competition. The Faculty Advisor will be selected by the Team’s university. The Faculty Advisor must be currently employed as a professor by the Team’s sponsoring university.

3.2 Time Permitted with Faculty Advisors

Teams are only permitted to use a Faculty Advisor on substantive matters for a total of 10 hours. Logistical work such as arranging meeting space and times and class attendance does not count toward the 10 hour limit. For each Local, Regional, or Global final in which the Team competes, the Faculty Advisor may contribute an additional 3 hours.

3.3 Industry Mentors

Each Team will be provided 1 Industry Mentor. The Industry Mentor may review the Team’s Written Report, but may only provide comments. Industry Mentors are not permitted to perform any research or write any portion of the report. Students may not receive assistance from additional finance industry professionals. The Industry Mentor will be selected by the Local level Host. The Industry Mentors should be CFA charterholders.

3.4 Time Permitted with Industry Mentors

Teams are only permitted to use an Industry Mentor on substantive matters for a total of 6 hours. Logistical work such as arranging meeting space and times does not count toward the 6 hour limit. The meetings with the Industry Mentor must occur prior to submitting the Written Report. For each Local, Regional, or Global final in which the Team competes, the Industry Mentor may contribute an additional 2 hours.
 
For questions, please contact team@iaipirc.org (Follow communication guidelines)

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