IIM-Trichy
and SCMHRD win 8th India Annual CFA Institute Research Challenge
International
student competition recognises the best in equity research and company analysis
Two teams of five students each from IIM-Trichy
and SCMHRD, two of India’s top business schools, have won the 8th India annual
CFA Institute Research Challenge 2015-16. The Research Challenge is an annual
educational initiative designed to promote best and ethical practices in equity
research. The Indian event is hosted by the Indian Association of Investment
Professionals (IAIP), the India society of CFA Institute.Globally, it is open
to students from business schools,who go through hands-on mentoring and
intensive training in analyzing a company’sfinancials and business.
 |
| IIM Trichy_Winners of CFA Institute Research Challenge. |
IIM-Trichy (South) and
SCMHRD (Central)overcame stiff competition from zonal winners that included IIM
Ranchi (East), NMIMS (West), and IIFT Delhi (North). Nearly 200 students from
47 leading business schools across 28 cities nationwide participated. The two
winning teamswill now participate in the regional competitions to be hosted in
Chicago, Illinois, USA on 13-15 April 2016 where they will represent India.
“Hundreds of
students dedicated countless hours to the competition and have demonstrated a
strong commitment to the best practices in equity research,” said Jayesh
Gandhi, CFA, President, IAIP. He added that their diligence and dedication will
help them succeed as they move on to careers in investment management and
research.
 |
| SCMHRD_Winners of CFA Institute Research Challenge |
Kishor Bagri, CFA,
Director in Charge, CFA Institute Research Challenge, added, “We witnessed the
enthusiastic participation of some of India’s brightest students and their
positive attitude towards the investment management profession. The promotion
of close cooperation between professionals and academia is essential in
preparing future investment management professionals. The Research Challenge
contributes to and enables the accomplishment of this goal.”
The winning teamsfrom
IIM-Trichy and SCMHRD presented a report on Repco Home Finance Ltd. and Whirlpool
Of India Ltd. respectively to a panel of industry experts that included Sankaran Naren, CIO, ICICI Prudential
AMC; Prasun Gajri, CIO, HDFC Life;
and Pankaj Murarka, Head Equities,
Axis Mutual Fund.
----------
About the Research
Challenge
The CFA Institute Research Challenge is an annual global competition that
provides university students with hands-on mentoring and intensive training in
financial analysis. Students work in teams to research and analyse a publicly
traded company — sometimes even meeting face-to-face with company
management. Each team writes a research report on their assigned company with a
buy, sell, or hold
recommendation and may be asked to present and defend their analysis to a
panel of industry professionals. The first ever CFA Institute Research
Challenge competition was hosted by the New York
Society of Security Analysts in 2002 and involved just five teams from
the New York area. Since then, the competition has grown to involve tens of
thousands of students from over 800 universities in more than 55 countries.
About CFA Institute
CFA Institute is
the global association of investment professionals that sets the standard for
professional excellence and credentials. The organisation is a champion for
ethical behaviour in investment markets and a respected source of knowledge in
the global financial community. The end goal: to create an environment where
investors’ interests come first, markets function at their best, and economies
grow. CFA Institute has nearly 136,000 members in 145 countries and
territories, including 129,500 CFA charterholders in 144 countries, and 147
societies in 73 countries/regions. For more information, www.cfainstitute.org/india
About the Indian
Association of Investment Professionals (IAIP)
The Indian
Association of Investment Professionals (IAIP), the India society of CFA
Institute, was established in April 2005 as an association of local investment
professionals consisting of portfolio managers, security analysts, investment
advisors and other financial professionals. As one of the 147 CFA Institute
member societies, IAIP connects local members to a global network of investment
professionals. For more information, visit www.cfasociety.org/india
For more information, contact:
No comments:
Post a Comment