Global Investment Research Challenge
January 09, 2012
Lahore School of Economics was declared runner up in the Global Investment Research Challenge (GIRC) hosted by CFA Institute at Avari Towers Karachi on January 2, 2012. This elite competition in finance takes place every year and Lahore School made its strong mark by securing second position in its very first participation among reputable business schools from all over Pakistan. The team of Lahore School of Economics comprised of Abdul Wahab (MBA II), Adam Zia (MBA II) Omair Anwar (MBA II), Rafia Pervaiz (MBA II) and Mahnoor Asif (BSc IV).
The purpose of this educational initiative by CFA institute is to promote best practices in equity research through mentoring and development of analytical, communication and presentation skills. The subject company this year was Engro Foods on which team Lahore School prepared an equity research report and subsequently the findings and recommendations were defended in a presentation that was made in front of top notch professionals from financial industry. Dr Nawazish Mirza, Associate Professor of Finance, was the mentor for Lahore School Team.
Dr Nawazish Mirza applauds this performance. He says that it’s a proud moment for Finance faculty at Lahore School and a remarkable achievement that Lahore School of Economics proved its quality in front of cream of financial crop. I am proud of our team that went through a rigorous process of training, financial modeling, analysis, report writing and finally presentation. We were confident to win but losing by marginal two marks is not bad for our first ever appearance, especially when we scored highest on the report. The team surely had hard times coping with me but I am sure the outcome has paid off for their hard work, frustration and sleepless nights. Let us not forget that they were simultaneously engaged in their regular semester assignments, quizzes, projects, exams etc.
Team Lahore School value their achievement in following words. “CFA Institute Research Challenge provided us an immense learning experience by the application of classroom knowledge in the real world, opportunity to network and interact with leading finance industry practitioners, and enabled us to build a strong brand name of LSE in the financial industry”
Labels: Lahore School, Research
posted by S A J Shirazi @ 1/09/2012 10:18:00 AM,
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