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Shailesh J. Mehta School of Management, IIT Bombay wins the CFA Institute Research Challenge India West Zone Final

posted Nov 17, 2011, 10:38 PM by Biharilal Deora CFA   [ updated Nov 18, 2011, 4:39 AM ]

Mumbai, November 17, 2011 – Shailesh J. Mehta School of Management, IIT Bombay ( has emerged as the winner of the CFA Institute Research Challenge India West Zone Final (, after competing with ten other student teams from leading business schools of the West Zone on 12th November 2011. The competition, organized by the Indian Association of Investment Professionals (IAIP), is supported by three premier organizations including National Stock Exchange (NSE) (, Bloomberg ( and Bloomberg UTV ( as sponsors and long-term corporate partners. Mr. Vidhu Shekhar, CFA, Vice President – New Products and Business Excellence, National Stock Exchange, gave away the cash prizes and trophies that are sponsored by the NSE. The event was hosted at Bloomberg’s new office in Mumbai.

“We are pleased with the successful culmination of the West Zone competition that has been underway over the past four months. The teams have exhibited solid financial analysis and research abilities in conducting equity research, as well as showcasing their investment research and recommendations to the panel of judges. We are building up to hosting the India National Final of the CFA Institute Research Challenge in December where the four zonal winning teams will compete for two places to represent India in the Asia Pacific regional final scheduled for early 2012,” said Namit Arora, CFA, Director, Indian Association of Investment Professionals (IAIP).

CFA Institute Research Challenge is an annual, global educational initiative promoting the best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills. Due to the growing number of participating teams in India, IAIP hosts four zonal finals (i.e. North, East, West, and South zones) which attract 32 leading business schools participating, followed by the National Final held in December.

Other participating teams in the West Zone Final included Jamnalal Bajaj Institute of Management Studies (Mumbai); SP Jain Institute of Management & Research (Mumbai); National Institute of Industrial Engineering (Mumbai); Narsee Monjee Institute of Management Studies (Mumbai); Flame - Management School of Business Management Training (Pune); K.J. Somaiya Institute of Management Studies & Research (Mumbai); Sydenham Institute of Management Research and Studies and Entrepreneurship Education (Mumbai); Symbiosis Centre for Management and Human Resource Development (Pune); Nirma Institute of Management (Ahmedabad); and Goa Institute of Management (Goa).

   IAIP President - Sunil Singhania   

About CFA Institute

CFA Institute is the global association for investment professionals. It administers the CFA® (Chartered Financial Analyst®) and CIPM (Certificate in Investment Performance Measurement) curriculum and exam programs worldwide; publishes research; conducts professional development programs; and sets voluntary, ethics-based professional and performance-reporting standards for the investment industry. CFA Institute currently has more than 110,000 members, who include the world’s more than 100,000 CFA charterholders, in 137 countries and territories, as well as 135 member societies in 58 countries and territories.

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.

Ø    To learn more about the CFA Institute Research Challenge, follow us on website (; Twitter (; Facebook (; and YouTube (

Ø    To learn more about the competitions held in India, follow us on website (; Twitter (; Facebook (                    


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