Stillman Students Advance in a Global Investment Analysis Challenge
Five Stillman students are showing they’ve got what it takes to be ace investment analysts. They will compete in the New York Local Final of the CFA Institute Research Challenge on Feb. 20. The team – captain Arush Pandya, Amanda Bronson, Brad Childs, Chase Laster and Ping Zhou – took on 20 regional teams to make it to the final four.
“It’s a deep dive into a company,” said Pandya of the competition, which assigns each team the task of analyzing a publicly traded company and coming back with a buy, sell or hold recommendation. “We tackled everything – marketing, financial statements, risks and financial models."
Pandya says the team devoted an “insane” amount of time to prepare a report and presentation for the challenge, meeting all day on Saturdays and every Thursday night since October. They then defended their recommendation before a panel of three judges.
Finance department chair Tony Loviscek entered this year’s team into the competition and has had two previous teams come out on top in the New York final. “I consider this kind of out-of-classroom experience to be the future of education,” he said. “The students have to meet the standards of the non-academic, professional world.”
If the team wins the New York final, the Stillman School will receive a prize of $5,000. The students would then compete in the Americas Regional Challenge in Denver in March, and if all goes well there, they head to Bangkok for the Global Challenge in April.
For now, the team is preparing for another round of tough questions from the judging panel. They have developed detailed answers to 50 potential questions because, for this team, there is no such thing as being too ready.
For more information please contact: