About Research Challenge

The Research Challenge is a competition in which student teams from area business schools prepare an equity research report on an assigned company and present their findings to a panel of investment industry experts.

This annual educational initiative is designed to promote best practices in research among the next generation of analysts through hands-on mentoring and intensive training in company analysis. It is intended to complement university curriculum by simulating the real world experience of an equity analyst.

The Challenge spans 3 months and consists of the following components:

  • Analysis of a Public Company
  • Mentoring By a Professional Research Analyst
  • Writing an Equity Research Report
  • Presentation of Research to a High-Profile Panel of Experts

Each university chooses one team of 3-5 members to represent it. Both graduate and undergraduate students are eligible. Students must be enrolled in the current term at the university at the time of the local Kick-off Meeting. CFA Charter holders and students who have extensive prior work experience in fundamental company analysis are not eligible.

The regional competitions and the global final are hosted by CFA Institute. The winner from each local competition advances to one of the three regional competitions. The winner from each regional competition will advance to the global final.

In the first eight years of this annual competition, 15,000+ students from more than 1,000 universities around the world participated with the help of thousands of dedicated volunteers. In Vietnam, the Research Challenge has been held since 2011.

For further information, visit https://www.cfainstitute.org/researchchallenge