Research Challenge

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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

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What it is

The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis and professional ethics. Each student will be tested on their analytic, valuation, report writing, and presentation skills. They gain real-world experience as they assume the role of a research analyst.

How it Works

Local level competitions are organized and judged by CFA Society® members and volunteers who function as local hosts. The winning university team from each local competition advances to one of the three regional competitions. The regional and global competitions are hosted by CFA Institute in the Americas; the Asia Pacific; and the Europe, Middle East, and Africa regions. The winning teams from each regional competition advance to the Global Final, where one team emerges as the global champion.

How to Get Involved

The Research Challenge provides all participants – both individuals and organizations – with incredible opportunities to get involved. Students: Find out if your university participates by asking your professor, our Society, or checking the participating universities list. Universities: Form your team and give students the opportunity to compete against their peers and gain real-world experience. Employers: Become a judge, mentor, grader, speaker, or corporate sponsor.

  • Students: Find out if your university participates by asking your professor, our Society, or checking the participating universities list.

  • Universities: Form your team and give students the opportunity to compete against their peers and gain real-world experience.

  • Universities: Form your team and give students the opportunity to compete against their peers and gain real-world experience.

To join the Research Challenge or for more information, contact us via

Participating Universities

  • Ain Shams University

  • Al-Azhar University

  • Alexandria University

  • American University in Cairo

  • Arab Academy for Science, Technology and Maritime Transport

  • Assuit University

  • Badr University in Cairo

  • Beni Suef University

  • British University in Egypt

  • Cairo University

  • Future University in Egypt

  • German University in Cairo

  • Helwan University

  • Misr International University

  • Misr University for Science and Technology

  • Modern Sciences and Arts University

  • Zagazig University