A five-student team in the financial markets program of the UMD business school last month won the Americas stock-research competition in Boston, sponsored by the CFA (Chartered Financial Analyst) Institute.

And the UMD team, which produced an impressive piece of analysis on Minnesota-based Fastenal, will compete with several other finalists on April 27 at the CFA Research Institute global competition in Kuala Lumpur, Malaysia.

“Very simply, they made it to the ‘final five’ among more than 1,000 teams from hundreds of universities around the world,” said Mark Salter, executive director of the CFA Society of Minnesota. “We’ve never had an [Upper Midwest] team get that close. This really shows the strength of the financial markets program up in Duluth.” read the full article here​