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 work in teams to research and analyse a publicly traded company.  Teams write a research report on their assigned company with a buy, sell, or hold recommendation and may be asked to present and defend their analysis to a panel of industry professionals.

The New Zealand competition of the 2020 Research Challenge

On 9 October teams from eight NZ universities competed to represent New Zealand in Asia Pacific regional competition. . Scales Corporation was the company under scrutiny this year.

First place : Otago University
Second place: AUT
Third place: Massey University

The other universities were; Lincoln University, Massey University, University of Waikato, University of Auckland, Victoria University of Wellington.

A huge thanks to everyone who contributed:
Industry mentors: Tim Armour, Fiona Foster, Dean Spicer, Shenci Tang, Linda Van, Joshua Dale, Murray Scott, Nick Webb
Judges: Chelsea Leadbetter, Stephanie Perrin, Andrew Bolland
Career discussion panellists: Matt Henry, Craig Brown, Jeff Stangl
Organisers: Chelsea Leadbetter and Mia Prkusic
Sponsors: NZX, Kaplan Schweser, Forsyth Barr


Above: The winning team from Otago University: From left: Ben Taylor, Sam Gouverneur, Rosie Jerram, Lachie McLean, Luke Gordon

Above: The 2019 participants and their supporters, unfortunately there was no group photo in 2020 as the competition was held online due to Covid-19 restrictions.


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