UTSA finance students named regional finalists in research challenge
From left are College of Business students Andre Moreira, Rafael Velez, Addison Lofton and Will Jones
From left are College of Business students Andre Moreira, Rafael Velez, Addison Lofton and Will Jones
Share this Story(April 1, 2010)--College of Business finance students Will Jones, Addison Lofton, Andre Moreira and Rafael Velez were named regional finalists in the Texas CFA Investment Research Challenge. The purpose of the competition is to teach best practices in research to the next generation of analysts.
The undergraduate students had to analyze, write and present a report recommending buy, sell or hold positions on a publicly traded company. "The experience allowed me to use the tools learned in the classroom for a real valuation project," said Velez, chairman of the Investment Society. "Our research was no different from the street research published by investment banks. This competition was a true application of rigor with relevance."
Cheryl Linthicum, UTSA associate professor of accounting, and Ron Sweet, UTSA lecturer in finance and Investment Society adviser, mentored the students. Ten teams competed in the competition. Additional finalists were Louisiana State University, Southern Methodist University, University of Houston and the University of Texas at Dallas. The finalists presented their oral presentations in February in Dallas.
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