CFA Institute Research Challenge Pakistan Final
Members of CFA Society Pakistan, along with faculty advisors from participating universities and volunteer industry mentors, work with teams of students to value a stock, write a research report, and present their recommendations.
Teams then compete with peers from other universities at the local-level competition organized and judged by CFA Society Pakistan members and volunteers. The winning university team(s) then advance to the sub-regional, regional and global championships.
15th Pakistan Final
Pearl Continental Hotel, Karachi
February 2023
Subject Company: Maple Leaf Cement
Details coming soon!
14th Pakistan Final
Avari Towers Hotel, Karachi
February 2022
Subject Company: Pakistan Stock Exchange Limited
Out of a total of 26 participating teams from all over Pakistan, the following teams qualified for the Local Final:
- Institute of Business Administration (IBA) - Team 1
- Institute of Business Administration (IBA) - Team 2
- Institute of Business Management (IoBM)
- Karachi School of Business and Leadership (KSBL)
- NED University of Engineering and Technology
Our panel of esteemed judges included the following:
- Mr. Asif Ali Qureshi, CFA, Chairman & Chief Executive, Optimus Capital Management
- Mr. Muhammad Asim, CFA, CIO, MCB-Arif Habib Savings and Investments Limited
- Mr. Najam Ali, CEO, Next Capital Limited
- Mr. Sajjad Anwar, CFA, CEO, AWT Investments Limited
Mr. Farrukh Khan, CEO, Pakistan Stock Exchange (PSX) was the Chief Guest and Dr. Shamshad Akhtar, Chairman, Pakistan Stock Exchange (PSX) was the Special Guest for the evening.
Team 2 of Institute of Business Administration (IBA) was pronounced the Winner of the competition by our esteemed judges and Team 1 of Institute of Business Administration (IBA) was the Runner up. Both teams proceeded to compete at the Asia Pacific Sub-Regional round held in March 2022. The teams
competed with full rigor and efforts were highly praiseworthy!

