Thursday, December 1, 2016

Marquette's 2017 CFA Research Challenge Teams Announced

Marquette University’s 2017 CFA Institute Research Challenge Teams Visited Strattec Security Corporation on Wednesday, November 30, 2016

Image result for cfa research challengeThe CFA Institute Research Challenge offers students the unique opportunity to learn from leading industry experts and compete with peers from the world’s top finance programs.  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. 

The first ever CFA Institute Research Challenge competition was hosted by the New York Society of Security Analysts in 2002 and involved just five teams from the New York area. Since then, the competition has grown to involve tens of thousands of students from nearly 1000 universities in more than 55 countries.
Image result for cfa society madison 
The Challenge gathers students, investment industry professionals, executives from publicly traded companies, and corporate sponsors together locally, regionally, and globally for a real world competition.  Participation in the Challenge promotes best practices in equity research and company analysis, as students research, analyze, and report on a company as if they are practicing analysts.  Additionally, all participants are introduced to and held to the standard of the CFA Institute Code of Ethics and Standards of Professional Conduct.

Image result for cfa research challengeHow the Challenge Works: Local CFA Societies, the CFA Institute, and other organizations host and launch a local Research Challenge in conjunction with their participating universities.  The universities assemble teams of 3-5 business and finance students who work directly with a company in researching and preparing a company analysis.  The team’s final presentations are locally evaluated by high-profile panels of heads of research, portfolio managers, and chief investment officers from the world’s top firms.  The local champions advance to regional competitions in the Americas, Asia, and Europe and then to the Global Finale.

The Challenge gathers students, investment industry professionals, publicly traded companies, and corporate sponsors together locally, regionally, and globally for a real world competition.  Participation in the Challenge promotes best practices in equity research and company analysis, as students research, analyze, and report on a company as if they are practicing analysts.  Additionally, all participants are introduced to and held to the standard.


The CFA Societies of Madison and Milwaukee are proud to host the annual local level of the CFA Institute Research Challenge.  Participating universities include two teams from Marquette University, as well as teams from the University of Wisconsin-Madison, University of Wisconsin-Milwaukee, Milwaukee School of Engineering, University of Wisconsin-Eau Claire, Carthage College, University of Wisconsin-Whitewater, and the University of Wisconsin-Oshkosh. 

Pat Hansen presents to CFA Challenge students
On November 30th, the Marquette CFA teams visited this year’s subject company Strattec Security Corporation (ticker: STRT). The firm engages in the design, development, manufacture, and marketing of automotive access control products under the VAST brand name primarily in the United States. The company offers mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles, and related products. Strattec Security Corporation is headquartered in Milwaukee, Wisconsin – it also has operations in Canada, Mexico, Europe, South America, Korea, and China.
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Pat Hansen, Senior VP & CFO, provided an excellent overview of Strattec. The informational session was followed by a question and answer period during which teams posed questions to Mr. Hansen.


Marquette students participating the Challenge include:
  • Andy Krueger
  • Andy Reed
  • Dan Drew
  • Jaclyn Godwin
  • Joe Kennedy
  • Martha Wong
  • Nicholas Christman 
  • Richard Bernard
  • Sarah Hillegass
  • Steve Hoffmann


Marquette's 2017 CFA Research Challenge Teams


Sarah Hillegass, Martha Wong, Richard Bernard, Andy Krueger, Andy Reed


Joe Kennedy, Nick Christman, Steve Hoffmann, Dan Drew, Jaclyn Godwin




       


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