BBA#15 Students WON 2010 CFA Thailand Investment Research Challenge by CFA Thailand Society

Global Investment Research Challenge is an international competition, held by the CFA institute yearly in searching for the best sell-side equity analyst in the world. In total 1600 participants from 400 universities all over the globe participate this year. As a result, CFA GIRC has three rounds: local, regional and global. Hence, the winner of local level will be the country representative and then advance to the regional competition where the best four teams from four regions, Asia-Pacific, America, New York and EMEA, will be competing in the global stage. Fortunately, this year is the first year that CFA Society of Thailand held ?CFA Thailand Investment Research Challenge 2010? in order to select astute researchers at university level to represent Thailand to the Asia Pacific Challenge.

In total eight teams, including both undergraduate and graduate students, from five universities competed for the chance to represent Thailand, having ?The Erawan Group? as the subject company. One month after the company visit, four teams were selected as the finalist due to superior score based on the research report. Finalists were given the opportunity to give a ten minutes presentation to the panel judges about the subject company and the recommendation, whether to buy or sell the stock, and after the presentation there was another ten minutes Q&A.