2 марта 2018 г.

The air at Moscow Exchange was intense on the first day of spring, as six best university teams competed at the Russian final of the 2017-2018 CFA Institute Research Challenge organized by CFA Association Russia.

After five long months of hard work and dedication, six best teams met face-to-face to determine which two winning teams would represent Russia at the EMEA Regional Final next month. Five finalists were from Moscow – the Higher School of Economics (HSE), New Economic School (NES), Moscow State University (MSU), and two teams from the Financial University under the Government of the Russian Federation; the sixth team came a long way from Baku, the capital of Azerbaijan.

For the second year in a row the Russian stage of Research Challenge has been a truly international event with teams from Azerbaijan and Belarus asking to join our local stage. This year, having done a significant progress on their work, a team from Baku Engineering University qualified to the Russian final.  

Each team presented their work in front of a panel of judges, comprised of five highly-qualified financial professionals picked by CFA Russia’s educational committee. Following a 10-minute presentation, each team had to answer a series of questions coming from the judges.

Above: the team from Moscow State University.

After two hours of a nerve-racking competition, two winners were announced. For the first time in the history of Russian finals, two teams, MSU and NES, had exactly the same score, thus sharing the thrill of victory. Now these two teams will represent Russia in the EMEA Regional Final scheduled for April 4-5 in Dublin, Ireland.

Above: the team from New Economic School

Although in the 2017-2018 season there were fewer teams registered in the beginning of the competition than last year, a much larger percentage of them ended up submitting their final reports. This means the quality of the competition has risen.

The financial analysis of Detsky Mir, this year’s subject company, gave students a great opportunity to gain valuable experience that would help in their future professional careers. The CFA Institute Research Challenge is a tough competition and participants showed not only a solid knowledge of a financial analysis, but also other key professional skills, including team work, great communication skills, and determination.

Above: both teams will represent CFA Association Russia at the EMEA Regional Final in Dublin, Ireland next month.

CFA Russia would like to thank Kaplan Schweser and Moscow Exchange, the two companies that sponsored and helped to put together the 2017-2018 CFA Institute Research Challenge.



Tags: CFA InstituteResearch Challenge






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