CFA Society Melbourne

Research Challenge Now in Full Swing


CFA Society Melbourne Research Challenge

18th September 2014

James Harman, CFA, Research Challenge Organiser

The CFAM Research Challenge is in full swing with teams busily finalising their research reports.

For those members who may be unaware of the Research Challenge, each year CFA Institute organises a global university-level competition, in which teams of students gain real world experience by assuming the role of a research analyst, investigating a publicly listed company, writing a research report and presenting their recommendations.

The competition is conducted in three stages – first students participate in a local level competition, such as the competition organised by CFAM. Winners of the local competition advance to one of three regional finals hosted in Asia Pacific, the Americas and EMEA.  The winners of the regional finals then go on to compete in the global final for the title of Global Champion.

CFAM’s Research Challenge is open to universities in Victoria, South Australia and Tasmania, and this year we are fortunate enough to have teams representing Latrobe University, Monash University, Swinburne, RMIT, University of Adelaide and University of Melbourne. The Research Challenge is a great way for the society to connect with universities, raising the profile and awareness of the CFA program, as well as meet the next generation of talent entering our industry!

The students are each preparing a report on Sigma Pharmaceuticals, and in July we were fortunate enough to have an excellent session with Sigma’s CEO and CFO who provided a company introduction and analyst update at their office. The students also received educational sessions covering ethics, report writing and thinking outside the box, and are working in collaboration with an industry mentor as they prepare their reports.

Of course, the CFAM Research Challenge relies on the generous support of volunteers and we are grateful to those members who offer their time and expertise as presenters, mentors, graders and judges.

Students will submit their reports mid-September with the top four teams progressing to a presentation finals night to be held on October 15. Society Members are welcome to attend and details about the night will be provided in the next newsletter.