FEB UI Student Wins 1st Place in CFA Institute Research Challenge 2020
Rima Noersita Sarvi ~ Humas FEB UI
JAKARTA – The CFA Institute Research Challenge competition was held in Indonesia. The CFA Institute Research Challenge is an annual global competition that provides direct guidance to students and intensive training in financial analysis and professional ethics. Each student will be tested for analytical skills, assessments, report writing, and presentations and gain real world experience because they act as research analysts.
In this competition, FEB UI students consisting of Gabriella Jessica Hidayat (Management 2016) as Team Leader, Danzel Aryo Soerjohadi (Accounting 2016), I Gede Sthitaprajna Virananda (Economics 2016), Maura Bellarmia Alexandrina (Accounting 2016), Nicholas (Accounting 2016) 2017) won 1st Place in the Investment Research Paper competition category. As well as getting a cash prize of 18 million and a trip to South Korea for the APAC regional round (but canceled due to corona) so we competed virtually for the regional round.
Participants who participated in this activity consisted of Prasetiya Mulya University, University of Indonesia, Binus Alam Sutera, International Binus, University of Surabaya, UGM, PKN STAN 2, etc.
The participants were asked to submit a draft investment research paper in November 2019. After being declared qualified, we continued to make an investment research paper to be collected at the end of January 2020. Next, we passed the selection to become the top 5 teams and on Saturday, February 15, 2020, we presented our investment recommendation, at the Financial Club, Graha CIMB Niaga.
The topic discussed so that they can win this competition is to make a report that contains recommendations (buy / hold / sell) of a stock that is Waskita Karya (WSKT IJ). We prepare and present an investment thesis to support our recommendations.
“We feel very happy because our hard work has paid off and feel proud to represent UI and Indonesia in this regional competition.” Said Gabriella.
“Hopefully we can win the regional round so we can bring the names of UI and Indonesia to the global stage.” he added.
