Texas Tech University

Finance Students Compete in CFA Institute Research Challenge

Trevor Bell

March 18, 2015

Last month, four Finance students represented Texas Tech and the Rawls College at the CFA Institute Research Challenge Case Competition at the regional level. The team, which consisted of Michael Ijeh, Tim Meyer, Kojo Prah and Sumer Miller, presented their equity research on a company in the energy sector at Rice University during the Texas Investment Portfolio Symposium (TIPS). All students are members of the Student Managed Investment Fund and were accompanied on the trip by Dr. Jeff Mercer, who served as the faculty mentor. The Rawls team competed against 24 other universities and placed as a top-eight finalist.

For the challenge, teams submitted a written report and then presented their findings to judges, who have extensive equity research experience. Additionally, teams were assigned an industry mentor to seek guidance about their report and to enhance the presentation. The students were afforded the opportunity to learn from and interact with senior investment industry professionals through keynote presentations, panel discussions and networking events.

"It was a great experience presenting our research in a business setting and performing equity research like what analysts do in the professional world," Michael Ijeh said. "We had to make a recommendation and defend our choice. Our Finance courses helped make our decisions, and we felt comfortable in that environment."

The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. The TIPS conference, now in its 12th year, is a forum for students and faculty from Texas and Southwestern universities with investment management curriculum. For more information, visit the Area of Finance's website or the Student Managed Investment Fund's website.

TIPS competition
(L to R) Dr. Jeff Mercer, Sumer Miller, Kojo Prah, Tim Meyer and Michael Ijeh
This supports the efforts outlined in the Rawls College of Business Strategic Plan. Learn more about the LEADER 2020 Strategic Plan and follow our progress on Twitter at #RawlsLeads.