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Middlesex Undergraduate Accounting and Finance students won the 2nd Runners-Up spot at the CFA Institute Challenge

26/02/2016

Our Undergraduate Accounting and Finance students consisting of Deepak Mirchandani, Aashish Gidwani, Pooja Punjwani, Mohit Chaturvedi and Osman Zaheer mentored by Pallavi Kishore and Dr. Rajesh Mohnot performed admirably and the CFA Institute challenge. The team won the 2nd Runners-Up spot and finished ahead of some Post Graduate teams.

The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. Students gain real-world experience as they assume the role of a research analyst are tested on their ability to value a stock, write an initiation-of-coverage report, and present their recommendation ( Buy, Sell or Hold ). This year, the company whose stock was selected for valuation was Aramex.

A panel of five judges observed an evaluated the presentations. Judges, by qualification, were CFA charter holders and, by profession, equity analysts at leading companies such as Abu Dhabi Investment Corporation  ( ADIC ) and Emirates NBD Asset Management Company among others. They were highly impressed with the Middlesex students presentation style and defense skills. Our students put on a professional performance and handled the judges’ tough questions thoughtfully and knowledgeably.

Well done team!

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