An AIM Team Advances in the CFA Challenge for the 11th Time in the Past 13 Years!
MILWAUKEE - March 9, 2021 - Five undergraduates from Marquette University’s Applied Investment Management program have advanced to the Midwestern US sub-regional finals of the Chartered Financial Analyst’s Institute Research Challenge. This is the 11th time in the past 13 years that a Marquette AIM team has advanced beyond the Wisconsin CFA Research Challenge.
Marquette’s Blue team was one of two representing the
university at the CFA Research Challenge on February 25, where the team beat
out teams from UW-Eau Claire, UW-Whitewater, Milwaukee School of Engineering. Members
of the winning team include Sean Dole, Erik Floyd, Nicholas Rohrer, Brook
Seifu, and Joseph Vitrano.
The Midwestern sub-regional round will be held virtually and
take place on March 19. Besides Marquette, the competition includes teams from
Central Michigan University, Illinois Institute of Technology, Iowa State
University, John Carroll University, Purdue University, University of Dayton,
and University of Minnesota-Duluth. Teams advancing from the sub-regionals to
the regional semifinals will be announced at the end of March.
The Americas Regional semifinals will be held on April 15, the Americas Regional finals will be held on April 21, and the Global final competition will be held on April 22. The Global round includes the winners from the Americas, Asia-Pacific, and Europe-Middle East-Africa competitions. The CFA Institute will livestream the Americas Final and Global Finals.
"The CFA Institute Research Challenge is a rigorous
global competition that tests our students' knowledge and application of
investment management principles, ethics and professional standards," said
Dr. David Krause, director of the AIM program. "To be among the few teams
who are moving on to the sub-regional challenge is an honor for our students,
and a testament to their hard work and commitment to the competition and their
futures in the investment management profession. I'm very proud of all of our students
who are participating in the CFA Challenge. Like past teams, they worked hard
and delivered a quality product. I think they can do very well and I’m
hopefully we continue to move forward in the competition."
Marquette’s Gold team finished second at the Wisconsin and
CFA Research Challenge. Members of the team include Riley Arnold, Kathryn
Christian, Haley Gaffner, Adan Jimenez, and Ellie O'Donoghue.
About the CFA Institute Research Challenge
The CFA Institute Research Challenge is a global competition
that tests the equity research and valuation, investment report writing, and
presentation skills of university students. 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. Through the course of the competition, which requires
hundreds of hours of preparation, participants receive mentoring from a
professional research analyst as they analyze a publicly traded company, write
a professional research report, and present their research results and
recommendations to a high-profile panel of experts. Points are awarded to teams
on the basis of their investment case, their poise, and their ability to answer
the judges' questions. The teams are sponsored by local CFA Institute member
societies or groups of volunteers, each of which previously hosted country
heats of the Challenge. This year because of Covid-19, the challenges are being
held virtually. For more information, visit cfainstitute.org.
