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Seven Leading Business Schools Participate in the CFA Institute Research Challenge India North Zonal Final

posted Nov 8, 2011, 7:23 PM by Biharilal Deora CFA   [ updated Nov 8, 2011, 9:07 PM ]

A total of 32 teams from Indian business schools to compete for place in Asia Pacific regional final held in Hong Kong

India, November 09, 2011 – In partnership with the renowned global association of investment professionals CFA Institute, the Indian Association of Investment Professionals (IAIP) invited 32 leading business schools to participate in the India rounds of CFA Institute Research Challenge this year.

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. This year, the competition is expected to have more than 3,000 students and 600 universities participating in nearly 50 countries and territories, including Vietnam, Kenya and Colombia for the first time.

Due to the growing number of participating teams in India, IAIP hosts four zonal finals this month, i.e. North, East, West, and South zones. Winning teams from each zonal final will compete at the national final held in Mumbai in December to compete for a place representing India at the Asia Pacific regional round. The India competitions are supported by three premier organizations, including the National Stock Exchange (NSE) (, Bloomberg (, and Bloomberg UTV (, as sponsors and long-term corporate partners.

For the North Zonal Final, seven teams from India’s leading business schools will compete on 13th November 2011 in Delhi. The subject company for the North Zone teams to conduct research and analysis is Petronet LNG Ltd, which was formed by the Government of India to import liquefied natural gas into the country.

Each participating team has been mentored by an experienced practitioner or a CFA charterholder. In addition, all participants are introduced to and held to the standard of the CFA Institute Code of Ethics and Standards of Professional Conduct. The two winning teams from the India national final will participate in the Asia Pacific regional final, which will be held in Hong Kong in February next year. The regional winning team will then compete in the global final, which will be held in New York in April 2012.

Details of the North Zonal Final:

Time and date: 11:00am, 13th November 2011

Venue: India Habitat Centre, Delhi, India

Participating teams:

Ø      Indian Institute of Management Lucknow (Lucknow)

Ø      Indian Institute of Management Indore (Indore)

Ø      Indian Institute of Management Rohtak (Rohtak)

Ø      Indian Institute of Foreign Trade Delhi (Delhi)

Ø      Management Development Institute (Gurgaon)

Ø      Faculty of Management Studies Delhi (Delhi)

Ø      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 IAIP IRC website:

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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CFA Institute 
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