Research Challenge

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. 

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2026 Participating Universities

CFA Society Madison Challenge

Marquette University (2 Teams)

UW-Eau Claire

UW-Milwaukee (2 Teams)

2025 Research Challenge Winner

Congratulations to Marquette University - Team 1 for winning the 2025 Local Finals of the Research Challenge. Next, they will submit their presentation for the Sub-Regionals. Good Luck Marquette University - Team 1! The team members include - Colby Kruse, Max Lyons, Matt Quattrocchi, Marco Massart, and Alex Raab.

Resources for Students

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Resources for Professors

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