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The Winners of 2017 Ukraine Local Final of CFA Institute Research Challenge - Teams of KNEU and ONU

posted 21 Mar 2017, 01:12 by CFAUkr aine   [ updated 21 Mar 2017, 02:35 ]
On Friday, March 17, 2017 at President Hotel Kyiv CFA Society Ukraine announced teams of Kyiv National Economic University named after Vadym Hetman (Team: Oleksandr Shevchuk, Mykyta Vikhrov, Andrii Kulyk, Kateryna Frolenko, Artem Omelchuk; Faculty Adviser: Olena Tsyrkun and Mentor: Anton Zhdanov) and Odessa National University named after I.I.Mechnikov (Team: Kristina Manchenko, Viktoriia Baloshenko, Dmytro Vinnik, Hennadii Bilyi, Olena Popova; Faculty Adviser: Natalia Bychkova and Mentor: Olga Teteruk, CFA) as winners of the Ukraine Local Final of 2016-2017 CFA Institute Research Challenge. The teams are now advanced to the EMEA Region where they will compete against universities from Europe, Middle East, and Africa.

This year more than 180 students in 39 teams from 33 leading University in 17 regions of Ukraine participated in the Research Challenge - most prestigious world-wide student competition in equity research. Each team had two months to write the real sell-side report with buy, sell or hold recommendation on Danone and 16 teams with the highest scores on the written research reports were announced as finalists of this season local competition. Among this year's finalists:
  • Kyiv National Economics University named after Vadym Hetman (Faculty Adviser: Olena Tsyrkun)
  • Kyiv National University of Trade and Economics (Faculty Adviser: Olena Matusova)
  • Kyiv National University of Trade and Economics (Faculty Adviser: Olena Nahorniuk)
  • Kyiv School of Economics (Faculty Adviser: Viktor Kahnzhyn)
  • Kyiv School of Economics (Faculty Adviser: Olesia Verchenko)
  • Kyiv-Mohyla Academy (Faculty Adviser: Alexander Mertens)
  • Lutsk National Technical University (Faculty Adviser: Yuriy Fesina)
  • Odessa National Economic University (Faculty Adviser: Olena Goncharenko)
  • Odessa National University named after I.I. Mechnikova (Faculty Adviser: Nataliya Bychkova)
  • Oles Honchar Dnipropetrovsk National University (Faculty Adviser: Nataly Krasnikova)
  • Petro Mohyla Black Sea State University (Faculty Adviser: Yuri Verlanov)
  • Sumy State University (Faculty Adviser: Oleksii Plastun)
  • Ternopil National Economic University (Faculty Adviser: Svitlana Vovk)
  • University of Customs and Finance (Faculty Adviser: Artem Kornetskyy)
  • University State Fiscal Service Ukraine (Faculty Adviser: Olga Pizhuk)
  • V. N. Karazin Kharkiv National University (Faculty Adviser: Nataly Grebenyuk)
The Final Round started with announcement of the teams that were advanced due to the combined score of written report and presentation scores based Semi-Final Round. The super finalists became:
  • Kyiv National Economics University
  • Kyiv-Mohyla Academy
  • Odessa National University
  • University State Fiscal Service Ukraine
Each university sent one or two team(s) of three-to-five students to participate in the local challenge. The Ukraine Local Final was the first step of two for a local team to advance towards the global final in Prague. The students from the Kyiv National Economic University named after Vadym Hetman and Odessa National University named after I.I.Mechnikova will now travel to the Regional Final to be held in Prague, Czech Republic in April 2017, where they will match their wits, analytical skills and presentation abilities against other student teams from the Europe, Middle East, and Africa. The winners of the three Regionals (Americas, EMEA, and Asia Pacific) will then advance to compete in the Global Final.

Over 65 experienced investment professionals agreed to support the contest by volunteering as mentors, graders and judges sharing their expertise and knowledge with new generation of analysts. The pool of investment professionals include representatives from investment banks, consulting companies, international financial institutions, equity funds etc. The competition could not succeed without efforts of the volunteers, hence we would like to say exceptional thank you to all engaged investment professionals for their support and contribution!

On behalf of CFA Society Ukraine, we would like to thank our Principal Sponsors: Genesis and Deloitte; Official Sponsors – EY and KPMG for their support of education initiative and their motivating presents for the finalists. In addition we would like to express our sincere gratitude to the global supporters of the Research Challenge - Kaplan Schweser and Bloomberg.


Danone is a world leading food company built on four business lines: Fresh Dairy Products, Early Life Nutrition, Waters and Medical Nutrition. Healthy people, healthy business, healthy food - this is what Danone works for, and every day it tries to bring the values of a healthy lifestyle to its employees, shareholders, partners, public authorities and local communities. Danone was one of the first multinational companies to start large-scale production and distribution of natural, healthy yogurt in independent Ukraine. From the beginning, the Company has been associated with health and innovation, care for our consumers, and the highest quality control standards. However, business may not prosper if it doesn't contribute to well-being of its employees, local economy and society.

Deloitte in Ukraine is part of Deloitte CIS Holdings Limited (“Deloitte CIS”), a member firm of Deloitte Touche Tohmatsu Limited. “Deloitte” is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, tax and related services to select clients.

Genesis is a global Internet company. It is developing projects with advertising monetization around the world. Leader in the markets of early stage. Genesis believes in the immense long-term potential of the developing countries of Africa and Asia. It enters the 100 largest companies on traffic and grow at 100% per year. The monthly audience of all its projects is over 70 million unique users who view about 2 billion pages. Genesis projects are represented on all the most popular platforms - desktop, mobile, iOS, Android. It is developing several joint projects with leading Russian and international companies. Genesis is the largest Google AdX partner in Ukraine and one of the top 10 Google partners in Russia and the CIS.

EY is a globally-integrated professional services organization that provides advisory, assurance, tax and transaction services. EY is committed to doing our part to build a better working world for our people, our clients and our communities, and we are united by our shared values and a dedication to delivering exceptional client service. Working at EY you gain experience, contacts, friendship and qualities that are of value to you throughout your career, wherever you work.

KPMG is one of the largest professional services company in the world and one of the Big Four auditors. KPMG has been working in Ukraine since 1992, and our goal has always been to use the firm's global intellectual potential, combined with the practical experience of our Ukrainian professionals, to help leading companies to achieve their goals.