CFA Society Bangladesh has declared a team of North South University champion of the local final of the CFA Institute Research Challenge 2018-19.
The society announced the name of the winning team at a closing ceremony of the competition held on Saturday at a city hotel.
Prof Khairul Hossain, chairman of the Bangladesh Securities and Exchange Commission (BSEC) attended the ceremony as the chief guest.
A team from Institute of Business Administration, University of Dhaka, became the first runner up while another team from Faculty of Business Studies, University of Dhaka, came out as the second runner up, a release said.
The students presented their analysis and buy/sell/hold recommendations on BRAC Bank. Their presentation at the local final was the culmination of months of research, interviews with company management, competitors and clients and presentation training.
The team of North South University, which became champion in local final of research competition, now will advance to the Asia Pacific Regional final to be held in Sydney, Australia.
The team will compete against universities from Asia Pacific countries.
The local competition started on September 04, 2018 and 114 teams from 27 universities and institutes around the country participated in this competition.
From there top 12 teams were selected for the equity research report round and based on their performance top six teams qualified in the local final.
Arif Khan, CEO and managing director of IDLC Finance, Shahidul Islam, President of CFA Society Bangladesh, K.A.M. Majedur Rahman, managing director of Dhaka Stock Exchange and Neil Govier, Director of CPD and CFA Institute, also spoke at closing ceremony of the local final of the CFA Institute Research Challenge 2018-19.
