FCB Takes 1st Place in CFA Institute Global Investment Research Challenge

Posted: Thursday, March 2nd 2017 at 1:33 PM

On February 16, 2017 NAU took 1st place in the Desert Regional Competition of the CFA Institute Global Research Challenge, whose goal is to promote "best practices in equity research among the next generation of analysts" [CFA Institute website]. Faculty advisor, Matt Haertzen, senior lecturer of finance, once again led the way for another win.

The Phoenix CFA Society has hosted the regional competition for seven years. NAU-FCB has won three times during that time period against both graduate and undergraduate teams from University of ArizonaArizona State UniversityUniversity of Nevada-Las Vegas, and the University of New Mexico (FCB's teams have only used undergrads).

This year's winning team members were Lauren Gerber-Manning, Ryan Rogala, Thomas Munayyer, and Skyler Zweifel.

"It was a little intimidating at first . . . but presenting felt natural since we had practiced so many times," says Munnayyer, a finance major. The winning NAU sales team really stressed the importance of teamwork, bouncing ideas off of each other, and expressing those ideas under the pressure of the competition. "The team really enjoyed the whole process. We were excited to win, but the best part was really getting to connect with members of the Phoenix CFA Society after the competition," Zweifel remembers.  

Each team wrote a research report on an assigned company and defended their analysis in front of a panel of business professionals. Once the competition concluded, the teams networked at the annual Market Forecast Dinner where students discussed the constantly changing global market and the future from a financial perspective. 

The next stop for the team is Seattle, Washington from April 6 – 7, where the America’s Competition will be held. If [when!] they win there, they head to Prague, Czech Republic to represent NAU in the global final at the end of April.

CFA Institute Research Challenge, website HERE

Past FCB stories on CFA GIRC HERE

Categories: 2017 spring 2017 cfa institute research challenge cfa institute research challenge regional nau phoenix cfa society cfa institute lauren gerber-manning ryan rogala thomas munayyer skyler zweifel cfa institute global investment research challenge global investment research challenge matt haertzen cfa global cfa global investment research challenge students desert regional competition of the cfa institute global research challenge