DU Faculty of Business Studies wins CFA Institute local challenge

Faculty of Business Studies, University of Dhaka, has won the local final of the CFA Institute Research Challenge 2021-22 and now advances to the sub-regional round to be held virtually, where the team will compete against universities from other South Asian countries.

The local final of this globally prestigious competition was held at the office of CFA Society Bangladesh in Dhaka recently.

A team from the Institute of Business Administration became the first runner up and a team from North South University came out as the second runner up, said a media release.

The champion, 1st runner-up, and 2nd runner-up will receive a total of Tk 450,000 as prize money for the local part of the competition.

This annual global equity research competition provides university students with hands-on mentoring and intensive training in financial analysis. Every year more than 5,000 students from 900 universities and 91 countries participate in this prestigious competition.

The local competition started on December 10, 2021, and 48 teams from 11 universities/institutes around the country participated.

From there top 10 teams were selected for the equity research report round and based on their performance top five teams proceeded to the local final.

The students from the winning team will present their report in the sub-regional round to be held virtually in the current month, where they will match their wits, analytical skills, and presentation abilities against student teams from other South Asian countries.