IIM Trichy has won the national round of the 8th Annual CFA Institute research challenge in India. The team will now compete for the Asia Pacific finals to be held in Manila, Philippines on March 11, says a press release from the B-school.
The team from IIM Trichy, comprising Ankur Lal, Ajit Kumar, Bhanu Putumbaka, Gourab Biswas and Georgy K Joseph, were adjudged unanimous winners at the national round, held on February 2 at the Bloomberg office in Mumbai. The other finalists in the national round included SP Jain from west zone, IIFT Delhi from east zone, SCMHRD (Symbiosis Centre for Management and HR Development) from central zone and IIM Shillong from north zone.
The teams had to present an equity research report on the given company before a panel of judges comprising senior finance professionals: Neelkanth Mishra, India Equity Strategist, Credit Suisse;, Saurabh Mukherjea, CEO, Institutional Equities, Ambit Capital and R. Srinivasan, Head, Equities, SBI Mutual Fund.
The CFA Institute Research Challenge, considered as the Investment Olympics, saw more than 3700-plus students from 825-plus universities worldwide in the local rounds of the competition this year. In India, it is conducted at the five zonal levels, with 47 of the country’s best management institutes participating. This year, the south zone finals saw teams from IFMR, TAPMI, IIM Trichy, IIM Bangalore and IIM Kozhikode present their research analysis and answer probing questions from the judges’ panel, with IIM Trichy emerging as winners.
The team will now head to Manila for the regional finals, where they will face off against the best teams in the Asia Pacific Region. The SCMHRD Mumbai team will also participate in this round. The regional winners will then advance to the global finals.