Research Challenge

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2023 CFA Institute Research Challenge

The CFA Institute Research Challenge is an annual global competition that connects university students with investment professionals from within the CFA Society® network. The competition provides students with hands-on mentoring and intensive training in financial analysis and ethics and tests participants' analytical, valuation, reporting writing, and presentation skills.

Members of our society, along with a faculty advisor and an industry mentor, work with teams of students to value a stock, write a research report, and present their recommendations. Teams then compete with peers from other schools at local-level competitions organized and judged by CFA Society members and volunteers. The winning university team(s) from each local competition then advances to see who will become the sub-regional, regional, and global champions. 

Learn more and read FAQs See the schedule and get involved

Local Research Challenge

This year was the 12th year that CFA Society Baltimore and CFA Society Washington, DC, have partnered to co-host our local CFA Research Challenge. Eight teams participated from Loyola University, Towson University, University of Maryland, Johns Hopkins, George Mason University, Salisbury and UMBC. A special thank you to HB Fuller for being this year's local subject company.

Congratulations to this year's winning team, Johns Hopkins University - Baltimore!