CFA Sri Lanka Research Challenge 2012/13 gets underway

The CFA Sri Lanka Research Challenge got underway for the seventh year on 8 June at a brief pre-kickoff meeting where reference material was handed to the team leaders of the competing teams by the CFA Project Chair Shalini Kurukulasuriya. CFA Sri Lanka is the local level of the CFA Institute Research Challenge.

Standing from left: Umar Fareez (Royal Institute), Piyumali Premaratne (University of Sri Jayewardenepura). Vinula Perera (Asia Pacific Institute of Information and Technology) and Lishan Wickramanayake (University of Colombo) Kneeling from left: MDUC Chandrasena (University of Kelaniya), Nirmal Silva (University of Mortuwa)

The local level kickoff meeting is scheduled for 6 July. The CFA Institute Research Challenge offers students the unique opportunity to develop and present an equity research report and compete on a global basis.

Students will learn from leading industry experts and their mentors and peers from the  world’s top business schools.

This annual educational initiative is designed to promote best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.

The global competition, which runs until April 2013, is expected to attract 3,300 students and 750 universities in nearly 60 countries.

The target company for this year is Colombo Dockyards. The Colombo Stock Exchange is the sole sponsor for the local level competition.

The Securities and Exchange Commission, as in previous years, has strongly endorsed the benefits of the challenge.  

During the local level, six teams of three to five students from the  leading universities and academic instituition will compete for a place in the Asia Pacific regional final in Kuala Lumpur in February 2013.

The successful team will then compete in the Global Final, to be held in London in April 2013.