Champlain College named winner of the first CFA Institute Research Challenge in Vermont

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Champlain College named winner of the first CFA Institute Research Challenge in Vermont

Wed, 02/15/2017 - 1:25pm -- tim

Vermont Business Magazine CFA Society Vermont has announced that Champlain College has won the first CFA Institute Research Challenge in Vermont and now advances to the Americas Regional in Seattle, WA, on April 6 and 7, where it will compete against universities from the United States, Canada and Latin America. The Champlain College team consists of Zhomart Dairov, Shawn Leary, Victoria Morelli, Kyle Sherman and Adam Vernali. 

Teams from Champlain College, Lyndon State College, Norwich University, and Saint Michael’s College competed at the CFA Institute Research Challenge in Vermont local finals at the Vermont Center for Emerging Technology on February 8, 2017. The Universities sent teams of three to five students to participate in the local challenge. At the local final students presented their analysis and buy/sell/hold investment recommendations on Casella Waste Systems to a panel of esteemed judges. John Boland, president and chief investment officer of Maple Capital, Anne Doremus, partner at Hanson & Doremus, and Jason Mead, the Director of Finance at Casella Waste Systems, served as judges for the local final. The students’ presentations at the CFA Institute Research Challenge in Vermont was the culmination of months of research; interviews with company management; and presentation training. 

The CFA Institute Research Challenge in Vermont is the local Vermont competition of the CFA Institute Research Challenge and was the first step of two for a local team to advance towards the global final in the Czech Republic. The students from Champlain College will now travel to the Americas regional in Seattle, WA where they will match their wits, analytical skills and presentation abilities against student teams from the United States, Canada and Latin America. The Global Final will be held on April 28, 2017 in Prague, Czech Republic. 

“We are honored for Champlain College to represent Vermont in the next stage of the CFA Institute Research Challenge. We are proud of all of the teams who competed,” said CFA Society Vermont President and Managing Director of Teucrium Trading. “We are very grateful to Casella Waste Systems for being the subject company and providing an investor presentation to the students, the faculty advisers and industry mentors who provided direction to the student teams, and the investment professionals and sponsors who have made this event happen.” 

This year’s CFA Institute Research Challenge in Vermont hosted by CFA Society Vermont was sponsored by People’s United Bank, the Vermont Center for Emerging Technologies, and Kaplan Schweser. 

About the CFA Institute Research Challenge The CFA Institute Research Challenge gathers students, investment industry professionals, publicly traded companies, and corporate sponsors together locally, regionally, and globally for an annual competition. In order to promote best practices in equity research and company analysis, students research, analyze, and report on a company as if they are practicing analysts. Local CFA member societies and other affiliated groups host local level competitions of the Research Challenge in conjunction with the participating universities. The universities assemble teams of three to five business and finance students who work directly with a company in researching and preparing a company analysis. The team’s final presentations are locally evaluated by high-profile panels of heads of research, portfolio managers, and chief investment officers from the world’s top firms. The local champions advance to regional competitions for the Americas, Asia Pacific, and Europe, Middle East, and Africa (EMEA) and then to the Global Final, which will all take place in the same location this year.

Source: Champlain College Burlington, VT – February 14, 2017. Additional information on the Research Challenge is available on the CFA Institute website, www.cfainstitute.org/researchchallenge.