BBA Chula won first place at CFA Institute Research Challenge in Thailand 2018-2019

Mar 23 2019

Written by Natthaya Puttasuntithum, Finance major, BBA#20
On February 23th 2019, Team Chulalongkorn University (ฺฺBBA International Program) managed to crown the Winner of CFA Institute Research Challenge in Thailand.  According to CFA Institute Research, CFA Institute Research Challenge is a global competition between universities that allows the students to conduct an equity research in order to prepare a comprehensive report and presentation of the publicly traded company. The teams will be evaluated based on the valuation, analytical, report writing and presentation skills. Moreover, they will get an opportunity to gain real-world experience as the role of a research analyst.
After four months long of restless research of Bangkok Dusit Medical Services (BDMS) stock, the team has won the annual competition in Thailand. There were three rounds of selecting process that the team had gone through. First was the report submission, which the score given was based only on the submitted research. Subsequent to that round, those winning teams get to present for semi-local round. Lastly, there were 5 out of 17 teams that proceeded to the local final round. The score given in the local final round will be based solely on the presentation. 
Result of the local final competition:
  • Winner: Team Chulalongkorn University (BBA International Program)
  • 1st Runner-up: Team Thammasat University (BBA) 
  • 2nd Runner-up: Thammasat University (BE)
  • Finalists: Chulalongkorn University (Thai program) and Sasin Graduate Institute of Business Administration of Chulalongkorn University (MBA)
The team would like to express our sincere gratitude to the BBA International Program, faculty members, and our supportive and professors, friends, and seniors, that have always supported us throughout the journey. Most importantly, we would like to thank Aj.Roongkiat, our team advisor, for his dedication to the team.  
As of today, March 19th 2019 , the team is preparing to compete for The Asia Pacific Region round. There will be 27 teams competing in the event. The Asia Pacific Regional Champion will advance to the Global Final to compete against the winning teams from the Americas and EMEA region, which will take place on April 25th 2019  in New York, USA.