About this badge

The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. Students gain real-world experience as they assume the role of a research analyst and are tested on their ability to value a stock, write an initiation-of-coverage report, and present their recommendations.

Local competitions are facilitated by groups of volunteers across the globe. The winner from each of the 90+ local competitions advances to one of the three regional competitions hosted by CFA Institute: in the Americas; Asia Pacific; and Europe, Middle East, and Africa regions.

The winner from each regional competition will advance to the Global Final, where one team will emerge as global champion of the CFA Institute Research Challenge.