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CFA Institute Research Challenge in Kazakhstan



Kazakhstan Society of Investment Professionals hosts the CFA Institute Research Challenge in Kazakhstan
Students to compete for place in Regional Final in Prague, Czech Republic


Almaty, 28 October 2016 – Kazakhstan Society of Investment Professionals hosts the first CFA Institute Research Challenge in Kazakhstan. Kazakhstan Society of Investment Professionals will hold the local level of this global competition on 28 October 2016. During the local round, 24 teams of three to five students from the country’s leading 12 universities and business schools will compete for a place in the regional competition. This year, the EMEA Regional competition that will be held in Prague, Czech Republic on 26-27 April 2017. The Global Final will be held on 28 April 2017 in Prague, Czech Republic.

The CFA Institute Research Challenge offers students the unique opportunity to develop and present an equity research report and compete on a global basis. Students will learn from leading industry experts and their mentors and peers from the world’s top business schools. This annual educational initiative is designed to promote best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.

Yergali Kalibekov, CFA, CAIA – founder at Kazakhstan Society of Investment Professionals, the local Host Coordinator at CFA Institute Research Challenge 2017 in Kazakhstan: “I am so much excited and proud to be the Host Coordinator of the first local CFA Institute Research Challenge in Kazakhstan among Central Asian countries. As no background knowledge and skills are required to participate in the Challenge, our students will be exposed to a very steep learning curve over the course of the competition. The learning component makes the competition very unique. The participation of local students will help Kazakhstan raise the next generation of investment professionals that should shape the domestic industry. Indeed, the Future of Finance Starts With You, students!”

The CFA Institute Research Challenge comprises:
• Analysis of a publicly-traded company
Teams research a publicly traded company. The company’s management presents information to the student teams and is available to answer student questions.
• Mentoring by a professional research analyst
Each team works with a CFA charterholder who mentors the team during the research process and reviews and critiques its report.
• Writing a research report
Each team produces an Initiation of Coverage report on its chosen company. The report is reviewed and scored by a group of judges.
• Presentation of research to a panel of experts
The teams' final presentations are locally evaluated by panels of experts from top financial institutions. Panelists include heads of research, portfolio managers, and chief investment officers from the world’s top firms. The team with the highest combined written report and presentation score is the winner and advances to the regional level of the Research Challenge.
• Advancement to the CFA Institute Research Challenge Global Final
Regional winners then progress to compete at the Global Final. At the regional and global stages of the Research Challenge, teams are evaluated solely on their presentations.

For more information visit the CFA Institute Research Challenge website.

Participating Universities

Al-Farabi Kazakh National University
Almaty Management University
Kazakh-British Technical University
KIMEP University
International School of Economics
«Turan» University
Narxoz University
Nazarbayev University
KazGUU University
Suleyman Demirel University
Magistracy of the National Bank of Kazakhstan
University of International Business



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; for the first time ever, all competitions will take place in the same location: Chicago, Illinois, USA. Additional information on the Research Challenge is available on the CFA Institute website, www.cfainstitute.org/researchchallenge.

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 140 countries and territories, including more than 100,000 CFA charterholders, and 144 member societies. For more information, visit www.cfainstitute.org.

Media Contacts
Yergali Kalibekov, CFA, CAIA
The Local Host Coordinator at CFA Institute Research Challenge 2017 in Kazakhstan
Email: yergali@outlook.com
Official Facebook Page: http://facebook.com/cfakazakhstanrc/