Canisius students took home first place at the Western New York Chartered Financial Analyst (CFA) Institute Research Challenge, for the fourth consecutive year,
The competition calls for university-sponsored teams to research and analyze a publicly traded stock, and produce an initiation-of-coverage report with a buy, sell or hold recommendation. Teams then present and defend their decisions before a panel of industry veterans, who judge them on analytic, valuation and reporting skills. Canisius beat out the University of Rochester, the University at Buffalo, Syracuse and Niagara universities and Nazareth, to take top honors.
The Canisius team is comprised of students from the Golden Griffin Fund, one of the area’s first real-money, equity investment fund managed by undergraduate and graduate finance majors.