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CFA Society Brazil

A Member of the CFA Institute Global Network of Societies

Brazil CFA Institute Research Challenge 2013

The CFA Institute Research Challenge is a global competition between academic institutions, organized locally in Brazil by the CFA Society of Brazil. The 6th edition of the local challenge took place from August to November of 2013, with participation of 13 universities: FEA-USP SP, FEA-USP Ribeirão Preto, Esalq, Unicamp, Insper, EAESP-FGV, Mackenzie, Ibmec, PUC-Rio, Universidade Federal do Rio de Janeiro, Universidade Federal do Rio Grande do Sul, Unisinos and Universidade Federal de Santa Catarina.

Each one of these academic institutions was represented by a team of 3 to 5 students. These teams, under the supervision of a faculty advisor, prepared an investment recommendation report about Randon S.A., which is listed on the Bovespa and was chosen by the CFA Society of Brazil.

The winning team of the 6th edition of the CFA Institute Research Challenge, who will be travelling to Denver, Colorado, in the week of 18 March 2014 to compete in the regional final of the CFA Institute Research Challenge, was the Insper team.

The CFA Society of Brazil would like to thank its sponsors, Thomson Reuters, Net Davis Research Group, and Factset, the support of ANBIMA, and the efforts of CFA Society of Brazil's volunteers.

Related documents

Click here to access the CFA Institute Research Challenge Kit.

Click here to access the winning team's presentation.

Documents presented by the finalist teams

Insper presentation (winning team)

FGV presentation

UFSC presentation

UNICAMP presentation


For questions, please contact us: [email protected]

  Platinum Sponsors:







 Golden Sponsor:



 Institutional Support:


Pictures of the event:

(click to enlarge)