Local winners of CFA Society Toronto’s research challenge hail from U of Waterloo

If you’re a passionate number cruncher, maybe you’ve considered what action you’d take as governor of the Bank of Canada or what recommendations you’d give as an analyst. And, if you’re a true numbers geek, maybe your most keen insights come when you identify what the numbers don’t say.

The CFA Society Toronto gets students in on the analysis fun with an annual competition. The institute’s research challenge is a global contest that provides university students with hands-on mentoring and intensive training in financial analysis.

Local winners of this year’s challenge are a team of students from the University of Waterloo’s School of Accounting and Finance: Sophia Chen, Judy Dong, Thinisha Gunasekera, Raj Patel and Talha Siddiqui. Each receives $1,000 and advances to the regional competition in Seattle, Washington, on April 6 and 7, 2017.

Read: Can these students analyze stocks better than you?

For the competition, student teams each research and analyze a publicly traded company, and write a research report with a buy, sell or hold recommendation. Teams that progress to local, regional and global finals must present and defend their analysis to a panel of industry professionals. Along the way, students learn from experienced industry experts and peers from the world’s top business schools.

This is Waterloo’s second consecutive local win and its fifth overall since the CFA Society Toronto started the initiative in 2010. Advisor.ca’s Katie Keir spoke with last year’s University of Waterloo team to find out its secrets of success.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.