CFA Society India (Indian association of Investment Professionals) has announced IIT Kharagpur, IIFT Delhi and IIM Ahmedabad as winners of the National Final of CFA Institute Research Challenge in India. These teams advanced to compete in the Asia Pacific Regional Investment Research Challenge hosted by CFA Institute on 18-19 March 2020 to be held in Seoul, South Korea. The AP Challenge will consist of one winner from each Member Society of the Asia Pacific Region (typically about 16-18 countries).
The Eight Zonal winners (who have emerged after a gruelling competition amongst 59 leading business schools of the country) presented their equity research on Reliance Nippon, HDFC Life, BATA and Oberoi Realty. The eight teams competing for the National final were IIFT Delhi, IIM Udaipur, IIM Calcutta, IIT Kharagpur, IIM Trichy, IIM Kozhikode, NMIMS and IIM Ahmedabad.
The teams pitched their equity research a panel of senior industry practitioners in a brief time-bound presentation followed by a rapid-fire round of grilling questions. Visibly impressed by these young future investment industry professionals were Mr. Pankaj Tibrewal, Senior. VP & Equity Fund Manager at Kotak AMC; Mr. Varun Gupta, Managing Director and Asia Pacific Leader Valuation Advisory services at Duff & Phelps and Mr. Namit Arora, CFA, Managing Partner of IndGrowth Capital.