CFA Institute Research Challenge

CFA Institute Research Challenge

The CFA Institute Research Challenge is an annual global competition that provides university students from business schools with hands-on mentoring and intensive training in financial analysis. Students work in teams of three to five members to research and analyse a publicly traded company.

Each team writes an equity research report on a publicly traded company with a buy, sell, or hold recommendation and may be asked to present and defend their analysis to a panel of industry professionals.

This annual educational initiative promotes best practices in research among the next generation of analysts and complements the university curriculum by simulating the real world experience of an equity analyst.


Participants research a publicly traded company and assemble an equity research report of their findings and recommendations.

How to get involved

Application for participation in the Challenge is open to students of the Business School from 1 May to 31 May each year. To apply, send the documents below via email to Henry Yip (

  1. A one-page expression of interest (EOI) telling us why you want to take part in the competition and what you want to learn from the experience
  2. Academic statement
  3. Resume




Comprehensive training provided includes a Kick-off Meeting (2.5 hours), Company information session (2 hours), Bloomberg site training (1 hour), Consultation with faculty adviser (10 hours), Consultation with industry mentor (6 hours).


Around 120 hours across Term 2 and Term 3. Time is spent mostly on preparation in Term 2 and the report in Term 3. Timeline of last year Challenge can be found at

Availability of activity

Yearly in Term 2 and Term 3


Henry Yip



Availability of activity

Semester - weekdays, Semester - weekends

Type of activity

Competitions, Development programs

Provider of activity

UNSW Business School & AGSM

Interest area

Writing & editing

Skills required and/or developed

Academic & scholarly skills, Critical & analytical thinking, Cross-cultural & global citizenship, Interpersonal & communication, Maths, finance & accounting, Organisational & time management, Team work & networking, Writing & editing

Contacts and more information


School of Banking and Finance, UNSW Business School


Henry Yip, Lecturer



For more information about co-curricular activities see UNSW Advantage.