How It Works
Local CFA® Societies work with universities to assemble teams of three to five undergraduate and/or graduate students. Teams research and analyze a designated publicly traded company; prepare a written report on that company that supports a buy, sell, or hold recommendation; receive advice and support from a faculty advisor and an industry mentor; and present and defend their findings to a panel of industry experts. Winners from the local competitions advance to sub-regional competitions, then on to regional competitions in the Americas, Asia, and Europe, culminating in a global final.
Benefits of Participation
- Showcase your university on a global scale.
- Augment classroom learning.
- Provide career opportunities for students.
- Give students practical training equity research and exposure to industry experts.
- Network with professionals, peers from other universities, and others in the community.
- Elevate your school’s reputation and standing against competing schools.
- First step in the path towards becoming a Charterholder.
Who is eligible to compete?
Both undergraduate and graduate students that have not previously competed.
When is the Challenge?
Locally hosted Challenges are held November– February of each year. Sub-Regional, Regional, and Global competitions follow in the months after.
How is the Research Challenge different from a “stock picking” competition?
Students conduct in-depth analysis on a single company and produce a full equity research report. The winning team is chosen based on the thoroughness of its analysis and knowledge of one company, rather than whether their predictions of the stock price are correct.
How can I get involved?
You can organize a team to represent your university. Promote the event to your students and field your best team and then prepare them to compete. There are also opportunities to serve as a faculty advisor, presentation judge, report grader, and more.