CFA Society Melbourne

2014 CFA 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 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.


Participating Universities

La Trobe University

Monash University

RMIT University

Swinburne University

University of Adelaide

University of Melbourne


Subject Company

Sigma Pharmaceutical Limited (SIP) is a full line wholesale and distribution of  pharmaceutical products through the pharmacy and grocery sales channels and the provision of services to retail pharmacists. SIP’s brands include Amcal Max, Amcal and Guardian.


Corporate Sponsors

The CFA Society Melbourne would like to extend a special thank you to our 2014-2015 Local Level Sponsor’s Sigma and S&P Capital IQ for helping to make this event possible.


Schedule of Events

10th July – Opening Night
Papa Goose, 91 Flinders Lane at 6pm

15th July – Introduction and Ethics Presentations 
Deloitte, 550 Bourke Street commencing at 6pm

18th July – Company Meeting
Sigma Head Office, 3 Myer Place Rowville

22nd July (10am) or 24th July (5:30pm) 
Capital IQ database lesson webcast 

31st July – Report Writing & “Thinking Outside the Box” Presentations 
Deloitte Offices, 550 Bourke Street commencing at 5:15pm  

29th August 
Draft Report Due to Mentors by 5pm

5th September  
Comments Due from Mentors

19th September  
Final Report Due at 5pm

26th September 
Finalists Announced (3 teams)

15th October – Finals Night
S&P Capital IQ, 120 Collins St commencing at 6pm

11-12th March 2015
Winning Team to Participate in Asia-Pacific Finals in Philippines