IIM Bangalore, IIFT Delhi & NMIMS Mumbai win CFA-IRCI Finals

CFA Society India (Indian Association of Investment Professionals) has announced the three winners of the national final of its CFA Institute Research Challenge India. These are IIM- Bangalore, Indian Institute of Foreign Trade, Delhi (IIFT) and Narsee Monjee Institute of Management Studies, Mumbai (NMIMS).

CFA Institute Research Challenge India saw 52 premier business schools from 30 cities participate in the 10th Indian edition of this global competition.

Eight Teams in Finale

– Indian Institute of Management Bangalore (IIM B)

— Narsee Monjee Institute of Management Studies Mumbai (NMIMS)

–Indian Institute of Foreign Trade Delhi (IIFT)

–Indian School of Business Hyderabad (ISB)

–Jamnalal Bajaj Institute of Management Studies (JBIMS)

–Faculty of Management Studies (FMS)

–Indian Institute of Management Ranchi

–Xavier School of Management (XLRI)


The panel of judges included Varun Gupta, Managing Director, Duff & Phelps in India, Vikas Khemani, President & CEO, Edelweiss Securities Ltd, Mahesh Patil, Co-Chief Investment Officer, Equity Investments at Birla Sun Life Asset Management, and Bhavesh Shah, Managing Director, JM Financial Group.

The teams pitched their equity research on four companies – Havells, Page Industries, Thyrocare and PVR – in a brief, time-bound presentation followed by a rapid-fire round of grilling questions.

The CFA Institute Research Challenge is a global educational initiative. Introduced in 2006, the annual competition – also considered as “the Investment Olympics” for students – aims to provide university students with:

–An unparalleled experience of working with investment industry professionals & publicly traded companies

–Produce an equity research report

— Promote the best practices in research among the next generation of analysts

IIMB, IIFT Delhi and NMIMS Mumbai will represent India at the Asia Pacific regional final from 14-15 March in Bangkok, Thailand. NMIMS will be hoping to repeat their 2013 run when they were crowned Asia Pacific regional final champions.

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