Canisius CFA Team Competes in Semi-Finals
For the second time in three years, a team of Canisius College finance students advanced to the semi finals of the Americas Regional Finals of the Chartered Financial Analyst (CFA) Institute Research Challenge.
CFA Institute Research Challenge is a competition between university-sponsored teams that research a designated publicly-traded company, prepare a written report on that select company and then present their findings to a panel of judges. The competition tests the analytic, valuation, reporting writing and presentation skills of university students.
The competition started with approximately 400 university teams from North and South America. The Canisius team won first place for the third consecutive year at the Western New York CFA competition, which was hosted by the college. The Canisius team then competed in Toronto, Ontario, with 47 winning teams from regional universities, and advanced to the final 16 semi-finals.
“This is a great accomplishment for our students,” says Richard A. Wall, PhD, professor of economics and finance and interim vice president for academic affairs. “It is a testament to their ability to apply their knowledge, work as a collaborative research team, and successfully compete with the top schools in North and South America.”
The Canisius team is comprised of students from the college’s Golden Griffin Fund (GGF), the college’s first real-money, equity investment fund managed by undergraduate and graduate finance majors. The Canisius team includes: Drew Pettit ’13 (team captain), Brandon Carnovale ’14, Drew Jaskowiak ’13, Don Monroe ’13 and Micah Puscheck ’13. Wall serves as the faculty advisor to the Canisius team. Jeffrey Viksjo ’06, CFA, senior financial analyst at First Niagara Financial Group, is the team’s industry mentor.
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Submitted by: Marketing and Communication