A five-member team from Indian Institute of Management Bangalore, comprising Soumya Gupta, Pratik Jaipuriar, Saakshi Mahajan, Siddharth Agarwal and Abhishek Agarwal – all Finance majors of PGP2, has won the National Finals of the CFA Institute Research Challenge 2013-14. They will represent India at the Asia Pacific Finals of the Investment Olympiad to be held in Singapore in April 2014.
The CFA Challenge is a global event. It is often referred to as the ‘Investment Olympiad’ and tests the students’ skills in equity research and valuation, investment report writing, and making presentations. This annual educational initiative promotes best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.
Volunteers of CFA Institute work in conjunction with participating universities to assemble teams of 3–5 finance students. Each team then works directly with a mentor to research and prepare an equity research report on a publicly traded company.
The findings are evaluated by high-profile panels of heads of research, portfolio managers, and chief investment officers from some of the world’s top firms.
The IIMB team won the South Zone contest and then proceeded to win the National Finals. Teams from all the leading business schools in the country participated in the event, including teams from IIM Ahmedabad and ISB. Professor P C Narayan, who was the official Faculty Advisor, selected the final team of five from the list of PGP students provided by Networth, the Finance Club of IIM Bangalore, and guided the team through the competition.
The CFA Institute has honored the team and handed over a trophy to the IIM Bangalore.
About IIM Bangalore
IIM Bangalore was established in 1973 by the Government of India through the creation of an IIMB Society which is the legal entity behind the institution.
For the sixth consecutive year IIMB has been nominated the Best School in Central Asia region by Eduniversal, and retained its ‘Five Palmes’ status as a ‘Universal Business School with Major Influence’ in 2013. In the Business Today 2012 rankings, IIMB has come out in top position.
In June 2010, IIMB received European Quality Improvement System (EQUIS) accreditation by the European Foundation of Management Development (EFMD). The EFMD awarded the EQUIS Re-accreditation to IIMB this year.
IIMB is the first B School in Asia to sign an agreement with Harvard Business Publishing (HBP) to distribute faculty teaching cases. IIMB has also entered into a partnership with Richard Ivey School of Business to co-brand and distribute faculty-authored cases globally.
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