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University Students Worldwide Poised to Participate in CFA Institute Research Challenge

posted Sep 1, 2011, 12:45 AM by Biharilal Deora CFA   [ updated Oct 6, 2011, 8:38 AM ]

Media Contacts

Sarah-Jane Purvis 
New York
            +1 (212) 705-1738

New York , New York, 30 August 2011

CFA Institute has kicked off the sixth annual CFA Institute Research Challenge. The competition, which runs until April 2012, is expected to attract 3,000 students and 600 universities in nearly 50 countries, including Vietnam, Kenya, and Colombia for the first time. 

The CFA Institute Research Challenge offers students the unique opportunity to develop and present an equity research report and compete on a global basis. Students will learn from leading industry experts and their mentors and peers from the world’s top business schools. This annual educational initiative is designed to promote best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.

“We are very excited at the prospect of having the largest Research Challenge to date, with an increasing number of students, universities, and countries taking part this year,” said Stephen Horan, CFA, CIPM, head of University Relations and Private Wealth at CFA Institute. “As the competition continues to grow, so does its prestige, and at last year’s finale we were honored to have Warren Buffett as our keynote speaker. By participating in this competition, every student is learning best practices and experiencing real-life situations that will not only improve their position in today’s difficult job market but also lay the foundation for fair and efficient capital markets that benefit society.”

The CFA Institute Research Challenge comprises:

  • Analysis of a publicly traded company
    Teams research a publicly traded company. The company’s management presents information to the student teams and is available to answer student questions.
  • Mentoring by a professional research analyst
    Each team works with a CFA charterholder who mentors the team during the research process and reviews and critiques its report.
  • Writing a research report
    Each team produces an Initiation of Coverage report on its chosen company. The report is reviewed and scored by a group of judges.
  • Presentation of research to a panel of experts
    The teams' final presentations are locally evaluated by panels of experts from top financial institutions. Panelists include heads of research, portfolio managers, and chief investment officers from the world’s top firms. The team with the highest combined written report and presentation score is the winner and advances to the regional level of the Research Challenge.
  • Advancement to the CFA Institute Research Challenge Global Final
    Regional winners then progress to compete at the global final. At the regional and global stages of the Research Challenge, teams are evaluated solely on their presentations.
  • For more information visit the CFA Institute Research Challenge website.

CFA Institute

CFA Institute is the global association for investment professionals. It administers the CFA and CIPM 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 has more than 100,000 members, who include the world’s 90,000 CFA charterholders, in 135 countries and territories, as well as 135 affiliated professional societies in 58 countries and territories. More information may be found at

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