On February 18th, three students representing the University of 蓝莓视频鈥檚 School of Accounting and Finance (SAF) competed at the 2021 CFA Institute Research Challenge (IRC) Ontario Finals. Led by Faculty Advisor, Steve Balaban, student team members Brendan, Anna, Noah聽-聽all upper-year Accounting and Financial Management (AFM) students聽-聽competed against teams from Brock University, Carleton University, and York University and won first place!
The competing university teams were asked to conduct research on an assigned publicly traded company, write a report and present their findings. The CFA IRC is a 6-month long competition. Competition teams are聽evaluated聽on their analytical, valuation, report writing, and presentation skills. For this competition, the team provided a compelling and well-researched presentation on the analysis and recommendations for a food retail company called Empire Company Limited in front of a panel of four judges.
The group demonstrated excellent teamwork throughout their presentation, and during the Q&A session, which was acknowledged by the judges in the feedback they received. 鈥淲e each had complementary skill sets and pushed one another to keep moving forward, which ultimately led to a final product that was so often discussed internally that we were ready for any questions the judges might鈥檝e had,鈥 stated Brendan,聽the team captain, about聽the importance of teamwork during this competition.
While waiting for the results of the competition, presenters and attendees participated in a virtual trivia game hosted by CFA Toronto Society, while the judges made their decisions. The evening concluded with an Awards Ceremony where judges provided all teams with feedback and announced the winner. Congratulations to the University of 蓝莓视频 team for winning first place in this competition!
Brendan thanks the support received throughout their journey as a group, 鈥渆ven if we were just three students, there were countless individuals cheering us on behind the scenes. We鈥檙e so grateful for the support we received from [University of 蓝莓视频] alumni and faculty.鈥
Brendan, Anna, and Noah will now be advancing to the sub-regional level which will take place in late March 2021. All four teams did a fantastic job presenting their research and analysis on Empire Company Limited and came well prepared for the questions from the judges. Congratulations to Brendan, Anna, and Noah on their hard work and success and we wish them luck in future competitions!
To learn more about the annual CFA Institute Research Challenge, visit the .