Finance team earns second place in regional CFA competition

A group of TU finance students placed second out of seven undergraduate and graduate teams in the regional CFA Institute Research Challenge last week.

For this rigorously competitive challenge, teams create equity research reports and give presentations about a real, publicly traded company. The report is scored by a group of judges and team present to a panel of experts from top financial institutions. The team with the highest combined written report and presentation score is the winner and advances to the national/global competition. The TU team compiled and presented their report on Northrop Grumman Corporation, the fifth-largest defense contractor in the world. Professors Jian Huang, Ph.D, and Rachel  Gordon, Ph.D., advised and mentored the team. The team members, Seth Vittori, Jose Ruiz Rojas, Michael Darosa, Peter Gallagher, and Ryan Hunsicker, were just .12 of a point shy of first place.

“We are proud of the work of these students and the faculty who helped them prepare,” said Babu Baradwaj, Ph.D., chair of the finance department.

Other schools competing in the challenge included Johns Hopkins (undergraduate and graduate teams), Loyola University Maryland, University of Maryland (undergraduate and graduate teams) and American University.