CFA Society India (Indian Association of Investment Professionals) has announced that the Indian Institute of Management, Bangalore, Indian Institute of Foreign Trade, Delhi (IIFT) and Narsee Monjee Institute of Management Studies, Mumbai (NMIMS) are winners of the national final of its CFA Institute Research Challenge India.

CFA Institute Research Challenge India saw 52 premier business schools from 30 cities participated in the 10th Indian edition of the global competition.

Eight teams – Indian Institute of Management Bangalore (IIM B), Narsee Monjee Institute of Management Studies Mumbai (NMIMS), Indian Institute of Foreign Trade Delhi (IIFT), Indian School of Business Hyderabad (ISB), Jamnalal Bajaj Institute of Management Studies (JBIMS), Faculty of Management Studies (FMS), Indian Institute of Management Ranchi and Xavier School of Management (XLRI) – participated in the national final.

The panel of judges included Varun Gupta, Managing Director, Duff & Phelps in India, Vikas Khemani, President & CEO, Edelweiss Securities Ltd, Mahesh Patil, Co-Chief Investment Officer, Equity Investments at Birla Sun Life Asset Management, and Bhavesh Shah, Managing Director, JM Financial Group.

The teams pitched their equity research on four companies - Havells, Page Industries, Thyrocare and PVR - in a brief, time-bound presentation followed by a rapid-fire round of grilling questions.

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