CFA Institute Research Challenge
An educational initiative that promotes best practices in equity research among the next generation of analysts
The CFA Institute Research Challenge is an annual global competition which provides university students with hands-on mentoring and intensive training in financial analysis and professional ethics. Each student participant will be tested on their analytic, valuation, report writing and presentation skills and gain real-world experience as they assume the role of a research analyst.
The CFA Institute Research Challenge is a great test for all students who are bold enough to face it. But, like any great challenge, the opportunities and rewards it offers are even greater. This annual global equity research competition provides university students with hands-on mentoring and intensive training in financial analysis. Working in teams, students gain real-world experience as they assume the role of research analysts and are judged on their ability to value a stock, write a research report, and present their recommendations.
Is your university up to the challenge? Form your team and give your students the opportunity to compete against their peers from other schools to see who will become the local, regional, and global champions. Your participation also gives you the chance to showcase your university on a highly visible local, national, and global stage.
Last year, more than 6,700 students from over 1000+ universities worldwide are participating in local challenges, leading to the regional and global competitions hosted by CFA Institute.
Benefits of participation:
Showcase your university on a global scale
Augment classroom learning
Provide career opportunities for students
Give students practical training equity research and exposure to industry experts
Network with professionals, peers from other universities, and others in the community
Elevate your school’s reputation and standing against competing schools
First step in the path towards becoming a charterholder
📣We are excited to reveal that the subject company for this year’s CFA Institute Research Challenge is Astarta-Kyiv
Astarta Holding PLC is a prominent European public company and a leading vertically integrated agro-industrial holding in Ukraine. Astarta has built a reputation for conducting socially responsible business and producing high-quality food products geared towards global markets.
📌Key Facts:
➡️Publicly Traded: Astarta's shares have been listed on the Warsaw Stock Exchange since 2006. After completing a cross-border migration in October 2022, the company continues to be listed on the Warsaw Stock Exchange under the ticker AST.
➡️Vertically Integrated: Astarta Holding PLC oversees a comprehensive agro-industrial operation through its subsidiary, Astarta-Kyiv, ensuring control over the entire production process, from field to market.
📒This year’s challenge will provide participants with a unique opportunity to analyze a company that not only plays a vital role in Ukraine’s economy but also competes on a global scale. We encourage all participants to dive deep into Astarta’s business model, market position, and strategic initiatives to develop insights that could shape the future of this dynamic industry leader.
Registration for 2025 CFA Institute Research Challenge is now open
The registration for the new season of the Research Challenge is now open. We invite Faculty Advisers from Ukrainian Universities to register via the link.
Registration for 2025 CFA Institute Research Challenge is now open
The registration for the new season of the Research Challenge is now open. We invite Faculty Advisers from Ukrainian Universities to register via the link.
Kyiv-Mohyla Academy is the winner of 2024 Ukraine Final of the Research Challenge
Congratulations to Yaroslav Radchenko (team captain), Oleksandr Yursa, Sofia Muzykant, Daryna Palaziuk, and Kateryna Ohanesian under the guidance of Faculty Adviser Nataliia Slaviuk, Associate Professor of Finance at the Faculty of Economic Sciences, and with mentorship from Orest Shemeliak, Analyst at EY, team from National University "Kyiv-Mohyla Academy" showcased outstanding dedication and expertise.
Subject company for 2023-24 season is Lindt & Sprungli
The subject company is Lindt & Sprüngli , often referred to as Lindt, is a globally renowned Swiss chocolatier and confectionery company. With a rich heritage dating back to its founding in 1845, the company has earned a distinguished reputation for producing high-quality, premium chocolate products
Registration for 2025 CFA Institute Research Challenge is now open
The registration for the new season of the Research Challenge is now open. We invite Faculty Advisers from Ukrainian Universities to register via the link.
Odessa National University is the Local winner
Odessa National I.I.Mechnikov University is the winner of the 2022 CFA Institute Research Challenge Ukrainian local competition.
KSE Team is a Champion of CEE Region
In 2021 the winner of the Ukrainian Local Final of the CFA Institute Research Challenge became the champion of CEE Sub-Regional Final. Congratulations to the team!