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 BI Norwegian Business School EMEA Champions

A team of students from BI Norwegian Business School, representing CFA Society Norway and CFA Society Denmark, was announced as winners of the regional EMEA final in the CFA Institute Research Challenge.

The team is now moving on to the final lap the world's leading investment research competition to compete against the champions from the Americas and Asia Pacific regions in the Global Final on Thursday, 22 April at 8am ET.

This is the fourth time in the last five years, a team from Norway and BI Norwegian Business Schools qualifies for the global final of the prestigious competition.

BI winning team.jpg

Winning team members, including Sara Trajchevska,Erlend McDougall, Sophie Borge and Joseph DiRenzo presented their analysis and buy recommendation on Danish energy company Vestas to a panel of distinguished judges from the international investment community.

BI's team, which won the local final in the beginning of March, has spent numerous hours polishing their arguments and presentation to compete against the other local champions from Europe, Middle-East and Africa.

All participating teams received hands-on mentoring, and intensive training in financial analysis and professional ethics delivered through the CFA Institute network, their faculty advisor and a dedicated industry mentor.

"This is another great accomplishment from the BI students and a confirmation of their talent and dedication in this competition. Again, the team members have demonstrated that they have a bright future ahead of them as investment professionals. We'll be cheering for them in the global final. All the best of luck! "says Isabelle Juillard Thompsen, CFA and President of CFA Society Norway.

The following universities also participated in the regional EMEA final:

 1.  Galatasaray University
 2.  University of Bern
 3.  University of Cape Town
 4.  Warsaw School of Economics
 5.  WHU - Otto Beisheim School of Management

If you would like to watch the Global Final presentations on 22 April, please complete the separate event registration<>.


About CFA Society Norway

CFA Society Norway consists of 107 members in Norway with various roles in reputable international and Norwegian companies. CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors' interests come first, markets function at their best, and economies grow. There are more than 160,000 CFA charterholders worldwide in 164 markets. CFA Institute has nine offices worldwide and there are 161 local member societies. For more information, visit


About the CFA Institute Research Challenge
The CFA Institute Research Challenge gathers students, investment industry professionals, publicly traded companies, and corporate sponsors together locally, regionally, and globally for an annual competition. In order to promote best practices in equity research and company analysis, students research, analyze, and report on a company as if they are practicing analysts. Local CFA member societies and other affiliated groups host local level competitions of the Research Challenge in conjunction with the participating universities. The universities assemble teams of three to five business and finance students who work directly with a company in researching and preparing a company analysis. The team's final presentations are locally evaluated by high-profile panels of heads of research, portfolio managers, and chief investment officers from the world's top firms. The local champions advance to regional competitions for the Americas, Asia Pacific, and Europe, Middle East, and Africa (EMEA) and then to the Global Final, which will all take place in New York City on April 22nd. Additional information on the Research Challenge is available on the CFA Institute website,