CFA Chicago brings together the top universities, students and investment professionals in a competitive forum that highlights ethics and the value of a career in the finance industry
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Chicago. IL (PRWEB) November 02, 2012
CFA Society Chicago announced today the nine Illinois and Indiana universities and business schools 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 AptarGroup, Inc (NYSE: ATR), a leading global supplier of a broad range of innovative dispensing systems for the beauty, personal care, home care, pharmaceutical, food and beverage markets. For more information about AptarGroup, visit http://www.aptar.com.
The Research Challenge is an annual educational initiative designed to promote best and ethical practices in equity research to finance and business students through hands-on mentoring and intensive training in equity analysis. The global competition, which runs until April 2013, is expected to attract 3,300 students and 750 universities in nearly 60 countries.
CFA Chicago is pleased to announce the 9 universities that will compete for an opportunity to present on Feb. 20, 2013, in Chicago for the local Research Challenge title:
- DePaul University
- Illinois Institute of Technology
- Loyola University Chicago
- Northern Illinois University
- Northwestern University
- Saint Xavier University
- University of Chicago
- University of Illinois at Urbana-Champaign
- University of Notre Dame
“CFA Chicago brings together the top universities, students and investment professionals in a competitive forum that highlights ethics and the value of a career in the finance industry,” said Michelle Moreno, CFA, managing director of Chicago-based Dresner Partners. “This highly-regarded competition pits the brightest future finance and business minds against one another.”
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 CFA Chicago competition will bring Chicago’s premier universities and business schools together and highlight the best and brightest future financial professionals.”
The first, second and third place teams will receive various prizes sponsored by CFA Chicago. The first place team will continue on to the regional competition in Toronto, Canada. Regional champions will then vie for the global title on April 12, 2013, in London. 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 and its participants can be found on the CFA Institute website, http://www.researchchallenge.org.
CFA Society Chicago
CFA Society Chicago, http://www.cfachicago.org, is the world's oldest investment analysts society. It was founded in 1925, with a membership of 4. Today, the society is the 6th largest society in the world, with more than 4,000 members.
CFA Chicago aims to be the premier local resource for Chartered Financial Analyst designees, candidates and other investment professionals. Specifically, the society empowers a community of financial professionals and serves as a platform to:
- Create programs, disseminate information, and provide services of direct benefit to members;
- Promote adherence to the highest ethical and professional standards; and
- Foster a culture of inclusion, diversity, and respect among investment professionals.
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 105,000 members, who include the world’s 97,000 CFA charterholders, as well as 135 affiliated professional societies in 58 countries and territories. More information may be found at http://www.cfainstitute.org.