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Join the CFA Research Challenge Today

Each Research Challenge season leverages the efforts of over:


Member Volunteers



CFA Member Societies







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 Institute 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.


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

Participating Universities

Arcadia University
Elizabethtown College
Kutztown University
La Salle University
Lehigh University
Penn State Berks
Philadelphia University
Susquehanna University
Temple University
University of Delaware
University of Scranton
Ursinus College
Villanova University
West Chester University
Widener University
York College of Pennsylvania