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Indian Institute of Foreign Trade Delhi wins the CFA Institute Research Challenge India North Zonal Final

posted Nov 21, 2011, 10:22 PM by Biharilal Deora CFA   [ updated Nov 21, 2011, 10:36 PM ]

Delhi, November 21, 2011 – Indian Institute of Foreign Trade Delhi has emerged as the winner of the CFA Institute Research Challenge India North Zonal Final, after competing with six other student teams from leading business schools of the North Zone on 13th 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.

“We are pleased with the continued successful progress of the competition pan-India. The students from various leading business schools of the North Zone have gained valuable real-life experience over the past several months in conducting investment research, as well as presenting their equity research recommendations to a distinguished panel of industry experts. We are looking forward to hosting the India National Final of the CFA Institute Research Challenge in December to select two teams from amongst the four zonal winners to represent India in the Asia Pacific Regional Finals,” 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 North Zonal Final included Indian Institute of Management (Lucknow), Indian Institute of Management (Indore), Indian Institute of Management (Rohtak), Management Development Institute (Gurgaon), Faculty of Management Studies (Delhi), and Infinity Business School (Noida).

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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