At CFA Russia we are preparing for the launch of our major and most anticipated winter event for students - CFA Institute Research Challenge

The CFA Institute Research Challenge is an annual global competition which provides university students with hands-on mentoring and intensive training in financial analysis and professional ethics. Each student participant will be tested on their analytic, valuation, report writing and presentation skills and gain real-world experience as they assume the role of a research analyst.

More than 3,000 students from over 650 universities, 89 businesses, and 106 societies in 55 countries and territories participated in the 2011-2012 CFA Institute Research Challenge.

We already commenced registration of the Student Teams and shortly the official date of the launch of the Challenge will be announced. We would like to take this oppportunity to announce that we will be considering propositions for the Subject Company to participate in CFA IRC.

The Association will select the Subject Company in accordance with the following rules:
i. The Subject Company must be publicly traded, and
ii. The Subject Company can only work with one local competition (no local level competitions may share the same Subject Company).

CFA Association (Russia) is currently also in the process of registering and assigning Mentors for our Teams. We encourage CFA Association (Russia) community members to apply for this role. In order to qualify for this role the applicant must be aware of the their role in the mentoring of the Teams.

3.3 Industry Mentors
Each Team will be provided one (1) Industry Mentor.
a) The Industry Mentor may review the Team’s written report, but may only provide comments.
b) Industry Mentors are not permitted to perform any research or write any portion of the report.
c) Students may not receive assistance from additional finance industry professionals.
d) The Industry Mentor will be selected by the Local level Host.
e) It is recommended that Industry Mentors be CFA charterholders.

3.4 Time Permitted with Industry Mentors

Teams are only permitted to use an Industry Mentor on substantive matters for a total of six (6) hours. Logistical work such as arranging meeting space and times does not count toward the six (6) hour limit. The meetings with the Industry Mentor must occur prior to submitting the Written Report. For each Local, Regional, or Global final in which the Team competes, the Industry Mentor may contribute an additional two (2) hours.

Please refer to the CFA INSTITUTE RESEARCH CHALLENGE OFFICIAL RULES for more detailed information about the requirements towards the Subject Company, Mentors and Teams.