This local Challenge brings together the top universities, students and investment professional in a competitive forum that highlights ethics, professionalism, and the value of a career in the finance industry.
Chicago, IL (PRWEB) October 27, 2011
CFA Society of Chicago announced today the 10 universities participating in its first administration of the CFA Institute Research Challenge. 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. This year, more than 2500 students from 500 universities worldwide will participate in local Challenges, leading to the national and global finals.
CFA Chicago is pleased to announce the 10 universities that will compete on Feb. 16, 2012, in Chicago for the local Research Challenge title:
Illinois Institute of Technology
Loyola University Chicago
Northern Illinois University
Saint Xavier University
University of Chicago
University of Illinois at Chicago
University of Illinois at Urbana-Champaign
University of Notre Dame
“This local Challenge brings together the top universities, students and investment professional in a competitive forum that highlights ethics, professionalism, and the value of a career in the finance industry,” said Michelle Moreno, CFA, senior vice president First Analysis. “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:
- Training in Research and Report Writing
- Equity analysis of a Public Company
- Mentoring by an CFA credentialed Investment Professional
- Assessment of Written Reports
- Presentation of Research to a Panel of Experts
Founder and CEO of High Pointe Capital Management, Gautam Dhingra, Ph.D., CFA, said, “We are thrilled that all of the best schools in the area were eager to participate in the CFA Institute Research Challenge. Their excitement about this opportunity is very gratifying for CFA Society of Chicago, as organizers and sponsors of the competition.”
The local Challenge team winners will receive an internship at Morningstar, Inc. (NASDAQ: MORN) (subject to usual and customary HR requirements). In addition, 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 New York. Regional champions will then vie for the global title on April 12 in New York.
This year’s local challenge is hosted by CFA Society of 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 of Chicago
CFA Society of 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 Society of 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 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 http://www.cfainstitute.org.