More than just a competition

How SAF helped us win the CFA Ethics Challenge

A competition becomes a learning experience for me when I have fun doing it, and that’s exactly the experience I had competing at the CFA Ethics Local Challenge. Starting virtual team calls with ‘how’s everyone doing’ instead of ‘let’s get started’ always went a long way in helping my team and I build a healthy working relationship. We always respected each other’s’ opinions and suggestions and tried our best to accommodate personal schedules.

team picMy teammates were far more knowledgeable than I was since they were either a year or two above me and had done a course on ethics before. This scared me in the beginning as I didn’t want to bring the team down, but my teammates guided me well on how I should approach the case and how to navigate through the Code of Ethics handbook to identify the appropriate standards.

In a nutshell, the CFA Ethics Challenge teaches you how to apply several ethical standards in real-life cases and provides recommendations on how a company can do better in the future to adhere to the standards. It was important for us to identify only the important standards that were violated as the presentation was only 10 minutes in length. One of the learning outcomes of this challenge was the importance of having appendix slides. We thought of questions that could be asked during the Q&A period and made appendix slides that we thought would support our analysis.

One of the main reasons we won the CFA Ethics Local Challenge is because of the support received from the SAF Faculty. Professor Krista Fiolleau (our Faculty advisor) arranged for a mock presentation two weeks before the competition which helped us rethink and revise some of our recommendations and next steps. We’re very grateful to all the professors (Steve Balaban, Krista Fiolleau, Andrew Bauer and Linda Robinson) for clearing their busy schedules to listen to our mock presentation and provide constructive feedback.

So, one thing for current and prospective students to keep in mind is that SAF has your back and will try their best to provide you with all the necessary resources such as connecting you with upper-year students, professors ,and  staff, or providing competition opportunities to help you succeed. I would encourage all SAF students to put themselves out there and grab every opportunity that comes your way!

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