CFA Society Toronto Announces Local Champion University of Waterloo for the CFA Institute Research Challenge

CFA Society Toronto Announces Local Champion University of Waterloo for the 
CFA Institute Research Challenge 
TORONTO, Feb. 21, 2013 /CNW/ - CFA Society Toronto is pleased to announce that 
the University of Waterloo has won the local level of the CFA Institute 
Research Challenge for the second consecutive year. 
"Participating in the CFA Institute Research Challenge has been a tremendous 
learning opportunity that challenged our intellect and allowed us to flex the 
skills necessary to be successful in this dynamic industry. Facing tough Q&A 
posed by a judging panel that had decades of industry experience was both 
frightening and exciting, allowing us to experience something that cannot be 
easily replicated in a classroom," said Donna Heng, Team Captain of the 
University of Waterloo team. 
The winning team - Arsalan Hashmani, Donna Heng, Prasanth Pahirathan, Anqi 
Wang, Ian Weng and faculty advisor Craig Geoffrey, CFA, Professor of finance 
and business at University of Waterloo - was determined based on the best 
combined score for the written equity research report and their presentation 
before a panel of judges in Toronto. The team's industry mentor is Cosmos 
Chiu, CFA. The team now advances to the Americas Regional Final, to be held 
in Toronto Ontario, on March 21, 2013. The Americas Regional winner will 
advance to the global final in London, UK in April. 
"We are excited for the opportunity to represent both the University of 
Waterloo and Ontario at the Americas regional competition for the second year. 
We look forward to what the next round of competition brings," added Heng. 
The CFA Institute Research Challenge is a unique educational competition for 
students that allows participants to assume the role of investment research 
analysts. The annual competition offers participants the opportunity to 
develop and present an equity research report on a locally relevant company 
and compete on a global basis with peers from top business schools. Each team 
works with a CFA (Chartered Financial Analyst) charterholder who mentors the 
team during the research process and reviews and critiques its report. This 
year, more than 3,500 students and 650 universities in more than 55 
countrieswill participate in local Challenge events, culminating in a global 
final in London in April 2013. 
This year teams from around Ontario presented their research and analysis of 
the subject company, Canadian dollar store operator Dollarama. Honourable 
mention goes to Wilfrid Laurier University who placed second in the local 
For more information visit the CFA Institute Research Challenge website 
About the University of Waterloo 
In just half a century, the University of Waterloo, located at the heart of 
Canada's Technology Triangle, has become one of Canada's leading comprehensive 
universities with 30,000 full- and part-time students in undergraduate and 
graduate programs. Waterloo, as home to the world's largest post-secondary 
co-operative education program, embraces its connections to the world and 
encourages enterprising partnerships in learning, research and discovery. In 
the next decade, the university is committed to building a better future for 
Canada and the world by championing innovation and collaboration to create 
solutions relevant to the needs of today and tomorrow. For further details, 
About CFA Society Toronto
CFA Society Toronto supports the professional and business development of more 
than 8,000 CFA( )charterholders in Toronto, making it the second largest 
member society in the world. It provides members with a local perspective on a 
global designation, including: educational programs, sponsored events, job 
postings, quarterly newsletters, a comprehensive affinity program and 
networking opportunities. A not-for-profit organization, CFA Society Toronto 
is affiliated with CFA Institute, the global body that administers the 
Chartered Financial Analyst curriculum and sets voluntary, ethics-based 
performance-reporting standards for the investment industry. CFA Society 
Toronto's members are leaders in ethics in the financial community. For more 
information, please refer to 
About CFA Institute
CFA Institute is the global association of investment professionals that sets 
the standard for professional excellence and credentials. The organization is 
a champion for ethical behavior in investment markets and a respected source 
of knowledge in the global financial community. The end goal: to create an 
environment where investors' interests come first, markets function at their 
best, and economies grow. CFA Institute has more than 113,000 members in 137 
countries and territories, including 105,000 CFA charterholders, and 138 
member societies. For more information, visit 
Media contacts University of Waterloo Patty Mah 519.888.4567 X37152 
Media contacts CFA Society Toronto Sara Pacella 416.366.5755 X235 
SOURCE: CFA Society Toronto 
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CO: CFA Society Toronto
ST: Ontario
-0- Feb/21/2013 14:35 GMT
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