Updated on: Friday, January 29, 2010
Kolkata: Indian Association of Investment Professionals (IAIP) announced the winners of the
regional rounds in India of the CFA Institute Global Investment Research Challenge 2009-10
on January 27.
The four winning universities, IIM Calcutta, SP Jain Mumbai, IIT Chennai and IIM Indore,
will compete at the national level to represent India at the Asia Pacific Regional Challenge
in Manila on March 6, 2010.
The Challenge brings universities, students and investment professionals together in a
unique fashion, which advances the principles of ethics and professional excellence, and the
value of a career in the finance industry. Through this competition, students gain a taste
of what it's like to be an analyst in the real world,says Sunil B Singhania, CFA,
president of the Indian Association of Investment Professionals.
The winning team from the Asia Pacific will advance to the Global Investment Research
Challenge on April 17, 2010 in Hong Kong.
The universities assemble teams of three to five business and finance students who work
directly with a company in researching and preparing a company analysis.
Each team is assigned a dedicated mentor (CFA charter holders/experienced industry
professionals). The teams’ final presentations are locally evaluated by high-profile
panels of heads of research, portfolio managers and chief investment officers from the
world's top firms.
There are 28 universities in various zones competing in the India Challenge this year, which
has being organized by Indian Association of Investment Professionals (IAIP). These are:
1. North Zone: IIM Indore (winner), IMT Ghaziabad (first runner-up), FMS Delhi, IIFT Delhi, MDI Gurgaon, IIM Lucknow and IIT Kanpur
2·. East Zone: IIM Calcutta (winner), IIM Shillong (first runner-up), IIFT Calcutta, XLRI Jamshedpur, XIM Bhubaneshwar, IIT Kharagpur and IIT Guwahati
3·West Zone: SP Jain (winner), IIM Ahmedabad (first runner-up), JBIMS, NMIMS, IIT
Bombay, Symbiosis Pune, Sydenham Management Studies
4·South Zone: IIT Chennai (winner), IIM Kozhikode (first runner-up), IFMR Chennai, Great Lakes Chennai, IIM Bangalore, ISB Hyderabad and BIM Trichy
These talented students will gain some valuable experience in analyzing a company from a
professional perspective this will help them serve the investing public well as future
investment professionals,says Ashvin P Vibhakar, CFA, managing director of CFA Institute
Asia Pacific Operations.