The CFA Institute Research Challenge is an equity research competition among student teams from the world's top university business and finance programs. CFA Society VBA Netherlands introduced the Challenge to the Netherlands as a means to promote best practices in research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.
In 2010 the Challenge was expanded to include Belgium and in 2013 Luxembourg was added to create the CFA Institute Research Challenge in the Benelux.
To get a better picture of what to expect, read the following:
Upon invitation from CFA Society VBA Netherlands, local universities assemble teams of 3 to 5 persons each. Under guidance of a mentor, students write an equity research report on a publicly traded company, and present their findings to a distinguished panel of experts.
The teams are judged on their written reports and the accompanying presentations and a winner is selected. The winning team receives a €1000 check and a one-day presentation training (market value €5000,-) to further develop their skills. The winners will advance to the Regional, Sub-regional Western Europe Finals and possibly even the global Research Challenge Finals in New York. The second team receives €500 and the third team €250 in prize money.
Throughout the competition, CFA Society VBA Netherlands' investment professionals volunteer as mentors, graders and judges and teach students best practices in equity research and corporate analysis.
For the 2022 competition year, we are very much looking forward to a live - and no doubt lively - competition!
Learn more about the CFA Institute Research Challenge.
The CFA Institute Research Challenge owes its success to the invaluable input of volunteers who serve as committee members, mentors and report graders. Find out how you can contribute your time and skills to benefit the Research Challenge and help university students find their way in the investment industry. Download the job descriptions via CFA Institute Research Challenge or contact Alex Morozov for more information.
The local events up to the Benelux Finals are organised and hosted by CFA Society VBA Netherlands. The sub-regional, regional, and global competitions are hosted by CFA Institute.
For the first time since 2017, we've seen a Dutch team winning the Benelux finals of the CFA Institute Research Challenge. The competition ended in a tie between Maastricht University and ICHEC-LSM, but according to the rules of the CFA Research Challenge in this case the team with the highest score on the presentation wins the challenge, i.e. Maastricht University. The jury was especially impressed with their focus on ESG.
CFA Society VBA Netherlands dankt haar sponsor van de CFA Institute Research Challenge Benelux: