UOM students wins the CFA Research Challenge

The CFA Institute Research Challenge is an annual global competition which provides university students with hands-on mentoring and intensive training in financial analysis. Students work in teams to research and analyse a publicly traded company. Each team writes a research report on their assigned company with a buy, sell, or hold recommendation and may be asked to present and defend their analysis to a panel of industry professionals.

This year, there were five teams participating among which four teams reached the final presentation round which was held on 16th March 2017 in front of a panel of industry experts. The target company was Rogers Co. Ltd, a listed international services and investment conglomerate with presence in FinTech, Hospitality, Logistics and Property. The research report and related investment recommendation submitted by students was graded by both local and international professionals. During the process, each team was supported by their Faculty advisor and an Industry Mentor, and was given the possibility to meet with the management of the target company for a Q&A session.

The winner of the local Research Challenge is the University of Mauritius Team. The first runner up is the Charles Telfair Institute Team and the second runner up is the University of Technology Team. The five members of the winning University of Mauritius Team namely Elaheebocus M. Hasnein Razaa, Gopal Kheshansingh, Jadoo Rishi Ram, Mootoosawmy Amben Owen and Zeadally Ahmad Hadee Wasseel will be participating in the Regional Research Challenge in April 2017 to be held in Prague, Czech Republic. Air tickets and accommodation costs for the whole team, amounting to approximately half a million rupees, will be borne by the CFA Institute under the aegis of the CFA Society Mauritius.