GRAND RAPIDS — The CFA Society of West Michigan honored the University of Michigan-Dearborn team as the 2014 CFA Institute Research Challenge local competition winner.
The annual CFA Institute Research Challenge is sponsored by the CFA Institute along with local CFA societies and over 775 colleges and universities.
“The Board, officers and members of the CFA Society of West Michigan congratulate the team from the University of Michigan – Dearborn as well as the teams from all seven universities represented in the competition,” said Jay Wisentaner, CFA Society of West Michigan president. “Each year we have seen the quality of the research and presentations improve on those of previous years, so it’s clear that every student who participated in the competition should be proud of their achievement.”
The 2014 CFA local challenge, held at Western Michigan University consisted of teams from Bowling Green State University, Eastern Michigan University, Heidelberg University, Michigan Technical University, University of Toledo, and Western Michigan University.
The subject of this year’s competition was Kellogg Co. and each team presented written reports and made presentations.
“The members of each team had the chance to meet with the senior executives from Kellogg Co. to learn more about their business, and display their knowledge of the company through a detailed written investment research report and a formal presentation before a panel of industry veteran judges,” said Hei-Wai Lee, faculty advisor for the UM-Dearborn team. “The University of Michigan-Dearborn team appreciates the efforts of everyone involved in the Challenge, from Kellogg Co. management and the judges, to the CFA Society of West Michigan for their support of dynamic student education.”
The University of Michigan-Dearborn team will now advance to the Americas Regional competition to be held in Denver on March 18-19.