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 Local Challenge Information

​Subject Company: 
To Be Announced

2021 Schedule of Events

September 30, 2020
Deadline to register with CFA Institute

October - November, 2020
Subject company presentation 

February 3, 2021
Team Written Report due

February 26, 2021
Local Prairie Competition

March 2021
Canadian Sub-Regional Competition

April 15-16, 2021
Americas Regional Semi Finals

April 21, 2021
Americas Regional Finals

April 22, 2021
Global Finals
Participating Universities:
To Be Announced

 CFA Institute Research Challenge

How the Challenge Works 
Local CFA Institute volunteers work in conjunction with participating local universities to assemble teams of 3-5 business and finance students. Each team works directly with a mentor to research and prepare an equity research report on a publicly traded company.

Each team's findings are locally evaluated by high-profile panels of heads of research, portfolio managers, and chief investment officers from some of the world's top firms. Local champions advance to regional competitions in the Americas, Asia Pacific, and EMEA, and then to the global final.

Click here to learn more.

Benefits of Participation 
Students: Develop your resume/CV through hands-on mentoring and intensive training in company analysis and presentation skills. 

Universities: Showcase your university on a global scale and provide your students with practical training and invaluable exposure to top industry professionals.

Mentors and Panelists: Encourage best practices in research within the next generation of investment professionals and help give back to the investment profession in a high-impact manner.

Volunteer Opportunities
  • Industry Mentors: hands on work with university students
  • Report Graders: review and grade student research reports
  • Presentation Judges: ​listen to and critique student stock recommendations
Contact Jade Marage​ to get involved.

 Student Resources

​​Official Rules​​​

Report Front & Back Pages​

2020 Champions - University of Sydney
2019 Champions - Ateneo de Manila University
2018 Champions - University of Lausanne
2017 Champions - Barna Business School

Frequently Asked Questions

Who is eligible to compete?

Both undergraduate and graduate students.

How can I register? 

Typically, teams are selected and organized by a professor or department head at the university. Reach out to your professors to let them know of your interest in participating and learn more.

How is the Research Challenge different from a "stock-picking" competition?

Students conduct in-depth analysis on a single company and produce a full equity research report. The winning team is chosen based on the thoroughness of its analysis and knowledge of one company rather than whether their predictions of the stock price are correct.