Five zonal winners will compete in CFA Institute Research Challenge India Finals


CFA Institute, the global association of investment professionals worldwide, has been promoting the best practices in equity research amongst the next generation of analysts in India in association with the Indian Association of Investment Professionals (IAIP) via the “CFA Institute Research Challenge”. This is part of an annual, global educational initiative.

Five zonal teams who have emerged as winners after a grueling competition amongst more than 40 leading business schools of the country will participate in the India National Final of the competition hosted by Bloomberg at their office on January 31, 2013. The teams will present their equity research on the subject companies to a panel of judges composed of experienced industry practitioners. The subject companies for 2013 are HDFC Bank, Infosys, Cairn India, Cadila Healthcare and McLeod Russell.

The panel comprises Bharat Shah, Executive Director, ASK Investment Holdings, Prasun Gajri, CFA, Chief Investment Officer, HDFC Life, Nirmal Jain, Founder and Chairman, India Infoline and Saurabh Mukherjea, CFA, Head of Equities, Ambit Capital. The competition will be followed by a Panel Discussion on “Outlook for Indian Equity Markets – 2013” amongst the esteemed investment management practitioners.

“We are pleased to help enhance depth of investment research and equity analysis in India via this global initiative. Business school students continued to exhibit strong interest in benefiting from this unique opportunity to gain valuable investment experience. We thank all the participating companies, corporate partners and industry professionals for supporting this effort,” said Namit Arora, CFA, Director, Indian Association of Investment Professionals (IAIP the CFA Institute Society in India.)

The participating teams are:

Zone Winning team
Central Zone Indian Institute of Management, Ahmedabad
East Zone Indian Institute of Management, Shillong


South Zone Institute for Financial Management and Research, Chennai
North Zone Indian Institute of Foreign Trade, Delhi
West Zone Narsee Monjee Institute of Management Studies, Mumbai

The two teams that emerge as winners from amongst these five teams will represent India in the Asia Pacific Regional Final to be held on 22-23 Feb 2013 in Kuala Lumpur. 

Details of the National Final Round:

Time and date: 5:00 p.m., 31st January, 2013

Venue: Bloomberg office, 16/F, Tower 2B, One Indiabulls centre, Lower Parel, Mumbai

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