BBA Chula Wins CFA Institute Research Challenge in Thailand

Jul 12 2014
Written by: Piyatas Chanthasarnviwat (BBA#15)
The CFA Institute Research Challenge is a global equity research competition hosted by CFA Society Thailand. The competition gathers students from top universities and finance programs in Thailand – both undergraduate and graduate programs – to compete in this highly competitive challenge. The participating teams in this year (2013 – 2014) competition include:
1. Assumption University
2. Chiang Mai University
3. Chulalongkorn University
4. Mahidol University
5. Sasin Graduate Institute of Business Administration
6. Thamasat University
7. Webster University
The subject company for this year competition is Bumrungrad Hospital Public Company Limited (BH), a leading private hospital company in Thailand. Participating teams had to analyze the company, the industry, and conduct valuation of the company to write an equity research report and submit to the Research Challenge committee for grading in the preliminary round.
On December 31, 2013, Chulalongkorn University, along with Thammasat University, Chiang Mai University, and Sasin Graduate Institute of Business Administration, were announced the finalists of this year Research Challenge. The teams will have to present the result their findings to panel of judges in 10 minutes with 10-minutes Q&A session.
On January 18, 2014, after the intense preparation and head-to-head competition, Chulalongkorn team was finally adjudged the winner of the CFA Institute Research Challenge! The team will represent Thailand in the regional round on 23-24 April, 2013.
The team representing Chulalongkorn University consists of the following students (in alphabetical order):
1. Chanikarn Wongtada
2. Kasama Limpanukorn
3. Nicharee Nithipongwanich
4. Phonvithkrid Lertsiriamorn
5. Piyatas Chanthasarnviwat
We would like to express the sincere gratitude to CFA Society Thailand for hosting the activity allowing us to participate and gain tremendous learning experience throughout the competition. We also are grateful to continuous support from our team advisor Asst. Prof. Anirut Pisedtasalasai and our industry mentor K. Athaporn Arayasantiparb. We are truly thankful for all the support from everyone since the beginning of this competition until end.