Global Investment Research Challenge
Where opportunity favors the prepared mind…
The Purpose
Teach best and ethical practices
in equity research through a
real-world experience to the
next generation of investment
professionals.
What is it?
• Worldwide Intercollegiate Competition
between teams of students.
• Students compete on:
1. Sell-Side Research Report of a
publicly traded company
2. Professional presentation to an
expert panel of judges
Key Components
Form team
of 3-5
students
Mentoring by
an industry
professional
Perform
corporate
analysis
Interview
company
management
Write a sell
side equity
research report
Present to a
panel of expert
judges
Sample Report
2011 Tournament Diagram
Global IRC Finals
16 Teams
16 Teams
14 Teams
45 Teams
New York
Regional
Asia Pacific
Regional
EMEA
Regional
Americas
Regional
75 LOCAL SOCIETY
INVESTMENT RESEARCH CHALLENGES
2011 Timeline
Asia-Pacific Regional Final
22 February 2011, Bali, Indonesia
EMEA Regional Final
3 March 2011, Madrid, Spain
Americas Regional Final
7 April 2011, Omaha, Nebraska
5th Annual Global Challenge Final
8 April 2011, Omaha, Nebraska
Media Exposure
Benefits
• Learn best practices in research and report writing
• Real-life learning experience as a Sell-Side Equity
Analyst
• Gain access and exposure to leading industry
professionals
• Professional report and experience can be
featured on resume/CV and on job interviews
• Experience presenting to top financial
professionals
• Individual and team prizes
• Opportunity for travel (all expenses paid)
• Potential for media exposure (local, national, and
global)
• Join a network of over 2500 students and 1000
volunteers worldwide
The Student Experience
• “Candid feedback from mentors, graders,
and judges helped me to understand the
industry”
• “It was a thrill to open the NYSE!”
• “It was an honor to win US$10,000 for
my university”
• Understanding : “opportunity favors the
prepared mind”
• “My sell-side research report opened
doors to a fantastic internship”
• “I was offered a job in the investment
industry where jobs are difficult to find.”
Student Testimonial
“I found the IRC to be an invaluable, real-life
prep for job interviews. I interviewed with an
equity research firm while working on the
report and the interviewers were amazed at
my level of exposure as a student.
I was extended an offer, based without a
doubt, on my participation in the Global IRC.
I highly recommend the Investment Research
Challenge to students who are interested in a
career in finance.”
– Steve Catera, Rutgers University,
2009 Global IRC Participant
Global Investment Research Challenge
Developing the next generation of investment professionals
For information on the Global IRC:
• Website:
www.globalinvestmentresearchchallenge.org
• Email:
irc@cfainstitute.org