CFA Society Chicago Announces University Competition Featuring Littelfuse, Inc.

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Eight Illinois Universities and Business Schools to compete in local level of the CFA Institute Research Challenge

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CFA Society Chicago is pleased to announce the eight universities that will compete on Feb. 7, 2013, in Chicago for the local Research Challenge title.

CFA Society Chicago announced today the eight Illinois universities and business school competing in the local level of the CFA Institute Research Challenge. Teams of three to five students representing each school will focus their equity research on Littelfuse, Inc. (NASDAQ: LFUS) the global leader in circuit protection and an emerging player in power control and sensing technologies.

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 gain real-world experience as they assume the role of a research analyst and are tested on their ability to value a stock, write an initiation-of-coverage report, and present their recommendations. The global competition, which runs until April 2014, is expected to attract 3,500 students and 775 universities in nearly 54 countries.

CFA Chicago is pleased to announce the eight universities that will compete on Feb. 7, 2013, in Chicago for the local Research Challenge title:

  • Benedictine University
  • DePaul University
  • Illinois Institute of Technology
  • Loyola University Chicago
  • Northern Illinois University
  • Northwestern University
  • Saint Xavier University
  • University of Illinois at Urbana-Champaign

The program spans nearly an entire academic semester, and consists of the following components:

  • Analysis of a publicly-traded company
  • Mentoring by a professional research analyst
  • Writing a research report
  • Presentation of research to a panel of experts
  • Advancement to the CFA Institute Research Challenge Global Finale

Senior Vice President and Portfolio Manager of U.S. Trust, Bank of America Private Wealth Management, Larry Lonis, CFA said, “The local CFA Chicago competition engages not only bright university students, but provides connectivity between the university faculty community, and those working in the investment management industry participating as mentors for each team.”

The first, second and third place teams will receive various prizes sponsored by CFA Chicago. The local Challenge team winners will continue on to the regional competition in Denver, March 18-19, 2014. Regional champions will then vie for the global title on April 25, 2014, in Bangkok.

This year’s local challenge is hosted by CFA Society Chicago, http://www.CFAChicago.org.

CFA Institute Research Challenge
Additional information on the Research Challenge can be found on http://www.cfainstitute.org/community/challenge and http://www.CFAChicago.org/ResearchChallenge

CFA Society Chicago
CFA Society Chicago, http://www.CFAChicago.org, aims to lead the investment profession by promoting the highest standards of ethics, education, and professional excellence; to shape an investment industry that serves the greater good; and to serve as the premier local resource for Chartered Financial Analyst designees, candidates, other investment professionals and our communities. Founded in 1925, CFA Society Chicago has more than 4,200 members and is the world's oldest investment analysts' society.

CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior 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 more than 113,000 members in 140 countries and territories, including 102,000 CFA charterholders, and 137 member societies. For more information, visit http://www.cfainstitute.org. (Bloomberg users can find CFA Institute at 497458Z.)
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