The Indian Institute of Management, Tiruchirapalli, has won the national round of the eighth annual CFA Institute Research Challenge in India hosted by Indian Association of Investment Professionals.
The team will now compete in the Asia Pacific Finals to be held in Chicago in April this year.
The team from IIM, Tiruchirappalli, comprising Vivek Agarwal, Shivesh Bajpai, Sumit Singh, Saumil Dave, and Keshav Pasari, were adjudged unanimous winners at the national round held at the Bloomberg office in Mumbai recently, according to a release from the IIM-Tiruchirapalli.
Teams had to present an equity research report on the given company, before an eminent panel of judges comprising senior finance professionals.
More than 3,700 students from over 825 universities worldwide participated in the CFA Institute Research Challenge, considered as the Investment Olympics. In India, it was conducted at the five zonal levels, with 50 of the country’s best management institutes participating. This year, the South zone finals saw teams from IFMR, TAPMI, IIM Tiruchi, IIM Bangalore, and IIM Kozhikode present their research analysis and answer probing questions from an eminent panel of judges, with IIM Trichy emerging as winners.
The team will now head to Chicago for the Asia-Pacific finals, where they will face off against the best teams in the Asia Pacific Region. The winners will then compete in the global finals, the release added.