CFA Institute Research Challenge

CFA Society Toronto & CFA Society Ottawa Research Challenge Local Competition

The CFA Institute Research Challenge is a competition between university-sponsored teams that research a designated publicly traded company, prepare a written report on that select company and then present their findings to a panel of judges.

The competition has three levels the local, regional, and global competitions. Winners at the local competition advance to compete against teams within their geographic region at the regional competition. Winning teams at the regional competition advance to compete at the global competition. 1 team will be designated as the global champions each competition season.

The award for winning the local competition is $1,000 (CAD) cash prize to each winning team member and an all-expenses-paid trip for the students to take part in the CFA Institute Research Challenge Americas Regional Finals. For more information about the regional and global competition dates and locations please visit the CFA Institute Research Challenge website.

Judging Criteria

• The written reports will be assessed by a team of graders selected by CFA Society Toronto. Grading will consist of a blind process in which the identities of the universities and colleges are unknown to the graders. The teams that receive the top 4 scores will be selected as finalists.
• The finalist teams will make an oral presentation of their research to a panel of well known industry experts in downtown Toronto.
• Assessment will be based on the written reports and an oral presentation to a panel, both judged according to predetermined criteria. Student teams will be given these criteria before they begin their research.
• A winner will be selected from the finalists based on the combined scores received for the written reports and the oral presentations. The scores will be weighted 50% for the written report and 50% for the oral presentation. 

Eligibility

• Teams consist of 3-5 members, and may include graduate and/or undergraduate students. Each team must have 1 faculty advisor.
• Only 1 entry per university or college campus will qualify for this competition, please note that applications are considered on a first-come-first-serve basis.
• Students must be enrolled in the current term at the university they represent at the time of the local Challenge final. A student must have 80% of their classes at the indicated school campus in order to represent that particular school campus team. If the regional or global competition is scheduled after the student has graduated, that student can still participate.
• Students may not have previously or currently been employed in a role whose primary duty involves fundamental company analysis; with the exception of students who qualify as an intern under the CFA Institute Research Challenge Official Rules.
• CFA charterholders are not eligible to participate on 'Research Challenge' teams.
• Participants agree to abide by the CFA Institute Code of Ethics and Standards of Professional Conduct.

For more information or inquiries regarding the Research Challenge, please email awards@cfatoronto.ca or call 416.366.5755 x225.

See Competition Timeline