The CFA Institute Research Challenge is an equity research competition among student teams from the world's top university business and finance programs. It offers the best real-life experience for groups of young talents to produce a complete research report on a company and compete with other (international) teams! Ethics, education and professional excellence are core to the competition and it provides participants with the opportunity to showcase technical and soft skills and meet employers. 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.
In 2022, the teams of HEC Liège, ICHEC and Maastricht made it to the finals! The finals will be held live on March 2nd at Euronext Amsterdam. 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.
The team from HEC Liège has won the CFA Research Challenge 2022 Benelux finals, and will continue to the next round. HEC Liège has been a very strong contender in the Research Challenge - having won the Benelux finals in 2020, 2019 and 2015.
See here for the picture gallery.
CFA Society VBA Netherlands dankt haar sponsor van de CFA Institute Research Challenge Benelux: