The School of Accounting and Finance (SAF) team of Ian Gutwinski, Michael C. Liu, Michael Y. Liu, Daniel Pacione, Meng Wang and faculty mentor, Craig Geoffrey made it to the final four of the Chartered Financial Analysts (CFA) Investment Research Challenge (IRC), Americas Regional Finals.
The team had earlier won the Ontario CFA IRC competition on March 1st to qualify for the Americas Regional Finals. From there, 44 teams participated in the Americas Finals held in New York on April 10th. The SAF team made it through two rounds to enter the final four at the Americas Finals, which was streamed live (most of the group's presentation can be seen here):
CFA Investment Research Challenge, Americas Regional Finals.
Illinois Institute of Technology won the Americas Regional Finals and Thammasat University (Thailand) won the Global Finals. To provide a sense of scale for the competition, over 3,000 students from approximately 650 universities entered the competition in the Fall of 2011, including undergraduates, graduates (Masters and MBA), and Executive MBA students. All of the well-known business schools participated, including Massachusetts Institute of Technology (MIT), London Business School, University of Chicago, and Wharton - to name a few from the list of prestigious institutions that enter the CFA IRC. 5 of the 44 teams in the Americas Regional Finals were from Canada, 4 of which advanced to the semi-finals.
According to Geoffrey,
at the end of University of Waterloo's presentation they had some whoops and hollers from the audience, who were blown away by the presentation, not something you normally hear at research presentations!