TORONTO, Feb. 1, 2016 /CNW/ - CFA Society Toronto and CFA Society Ottawa have selected the finalist teams for the Annual CFA Institute Research Challenge. This year we are pleased to announce student teams from University of Ottawa/Telfer School of Management, University of Toronto – Mississauga, University of Waterloo, and Wilfrid Laurier University. Thirteen student teams from universities across Ontario showed their investment knowledged with the submission of their research reports on Canadian Tire Corporation to compete for a place in the local finals held in Toronto.
The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. Students work in teams to research and analyze a publicly traded company, and each team writes a research report on their assigned company with a buy, sell, or hold recommendation. This year's subject company of choice is Canadian Tire Corporation.
"CFA Society Toronto, is proud to host the Annual Research Challenge as part of our efforts in developing tomorrow's leaders in the investment community. The goal of this competition is to provide an opportunity for students to apply their analytical skills and make buy, sell or hold recommendations with real time market conditions." said Sue Lemon, CEO, CFA Society Toronto.
This year's Research Challenge will be held on Thursday, 25 February 2016 at KPMG 333 Bay Street, Suite 4600. The competition will take place from 2:00PM – 4:00PM, and the winning team will be announced at the Awards Reception from 4:30PM – 6:30PM. The winning team of the local finals will advance to the regional round in Chicago Illinois in April, where a global winner will be announced.
For more information visit CFA Institute Research Challenge
About CFA Society Toronto
CFA Society Toronto supports the professional and business development of more than 8,300 CFA charterholders in Toronto, making it the second largest CFA Society in the world. It provides members with a local perspective on a global designation, including: educational programs, sponsored events, job postings, quarterly newsletters, a comprehensive affinity program and networking opportunities. A not-for-profit organization, CFA Society Toronto is affiliated with CFA Institute, the global body that administers the Chartered Financial Analyst curriculum and sets voluntary, ethics-based performance-reporting standards for the investment industry. CFA Society Toronto's members are leaders in ethics in the financial community. For more information, please refer to www.cfatoronto.ca.
About CFA Society Ottawa
CFA Society Ottawa is a not-for-profit organization that supports the professional and business development of approximately 362 CFA charterholders in the Ottawa region. Consisting of portfolio managers, security analysts, investment advisors, and other financial professionals, we promote: ethical and professional standards within the investment industry, encourage professional development through the CFA Program and continuing education, facilitate the exchange of information and opinions among people within the local investment community and beyond, and; work to further the public's understanding of the CFA designation and investment industry. CFA Society Ottawa is affiliated with CFA Institute, the global body that administers the Chartered Financial Analyst curriculum and sets voluntary, ethics-based performance-reporting standards for the investment industry. For more information, please refer to www.cfaottawa.ca
About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors' interests come first, markets function at their best, and economies grow. CFA Institute has more than 135,000 members in 145 countries and territories, including 129,000 CFA charterholders, and 147 member societies. For more information, visit www.cfainstitute.org.
SOURCE CFA Society Toronto
For further information: Media Contacts: Jonathan Mai, CFA Society Toronto, 416.366.5755 X235, firstname.lastname@example.org; CFA Institute: Alliccia Hernandez, email@example.com