SJMSoM, IIT Bombay wins the CFA Institute Research Challenge India West Zone Final

 | November 18,2011 05:52 pm IST

Shailesh J. Mehta School of Management, IIT Bombay has emerged as the winner of the CFA Institute Research Challenge India West Zone Final, after competing with ten other student teams from leading business schools of the West Zone on 12th November 2011.

The competition, organized by the Indian Association of Investment Professionals (IAIP), is supported by three premier organizations including National Stock Exchange (NSE), Bloomberg and Bloomberg UTV  as sponsors and long-term corporate partners. Mr. Vidhu Shekhar, CFA, Vice President – New Products and Business Excellence, National Stock Exchange, gave away the cash prizes and trophies that are sponsored by the NSE. The event was hosted at Bloomberg’s new office in Mumbai.

“We are pleased with the successful culmination of the West Zone competition that has been underway over the past four months. The teams have exhibited solid financial analysis and research abilities in conducting equity research, as well as showcasing their investment research and recommendations to the panel of judges. We are building up to hosting the India National Final of the CFA Institute Research Challenge in December where the four zonal winning teams will compete for two places to represent India in the Asia Pacific regional final scheduled for early 2012,” said Namit Arora, CFA, Director, Indian Association of Investment Professionals (IAIP).


CFA Institute Research Challenge is an annual, global educational initiative promoting the best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills. Due to the growing number of participating teams in India, IAIP hosts four zonal finals (i.e. North, East, West, and South zones) which attract 32 leading business schools participating, followed by the National Final held in December.


Other participating teams in the West Zone Final included Jamnalal Bajaj Institute of Management Studies (Mumbai); SP Jain Institute of Management & Research (Mumbai); National Institute of Industrial Engineering (Mumbai); Narsee Monjee Institute of Management Studies (Mumbai); Flame - Management School of Business Management Training (Pune); K.J. Somaiya Institute of Management Studies & Research (Mumbai); Sydenham Institute of Management Research and Studies and Entrepreneurship Education (Mumbai); Symbiosis Centre for Management and Human Resource Development (Pune); Nirma Institute of Management (Ahmedabad); and Goa Institute of Management (Goa).