S.P. Jain Institute of Management & Research, Mumbai has emerged as the winner of the CFA Institute Research Challenge India West Zone Final. The team from SPJIMR triumphed over the teams from IIT Bombay, K.J. Somaiya, NMIMS.

The Indian Association of Investment Professionals (IAIP) organises the research challenge across five zones with 47 business schools participating. The winners of these zones will compete at the National level from where the winner will represent India in the Asia Pacific regional challenge. “This is a national challenge that brings together top universities, their students and investment professionals in an exciting and competitive forum.  Those taking part will get a practical insight to the work of a financial analyst to the very best international standards, incorporating the core principles of ethics and best practices,” said Kishor Bagri, CFA.

The panel of judges were Ramesh Mantri, Jayesh Shroff –SBIFM, Gautam Chhaochharia, Head of India Research at UBS.

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 work in teams to research and analyse a publicly traded company — sometimes even meeting face-to-face with company management. Each team writes a research report on their assigned company with a buy, sell, or hold recommendation and may be asked to present and defend their analysis to a panel of industry professionals. Introduced in 2006, CFA Institute Research Challenge is considered as the ‘Investment Olympics’ for university students, with more than 10,000 students having participated. This year, more than 3,700-plus students from 825-plus universities worldwide will participate in the local rounds of the competition.

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