learning from leading industry experts

Research Challenge

CFA Institute Research Challenge (Season 2022 – 2023)

The CFA Institute Research Challenge is a great test for all students who are bold enough to face it. But, like any great challenge, the opportunities and rewards it offers are even greater.

This annual global equity research competition provides university students with hands-on mentoring and intensive training in financial analysis. Working in teams, students will gain real-world experience as they assume the role of research analyst and are judged on their ability to value a stock, write a research report, and present their recommendations. Students will compete with peers from other schools to see who will become the local, regional, and global champions.

How The Challenge Works?

CFA Society Singapore will work with universities to assemble teams of three to five undergraduate and/or graduate students. Teams research and analyze a designated publicly traded company; prepare a written report on that company that supports a buy, sell, or hold recommendation; receive advice and support from a faculty advisor and an industry mentor; and present and defend their findings to a panel of industry experts.

Winners from the local competitions advance to subregional competitions, then on to regional competitions in the Americas, Asia, and Europe, culminating in a global final.

  • Showcase your university on a global scale
  • Get in-depth training in equity analysis, research report writing, and presentation skills.
  • Receive hands-on mentoring
  • Enhance your resume / CV. Provide career opportunities
  • Network with professionals and peers to make inroads within the industry
What to expect 
  • The majority of local level participants indicated that they spent
    • 100 – 150 hours researching their assigned company and assembling their report
    • 30 or more hours practicing and assembling their presentation
  • The majority of regional level participants indicated that they spent more than 60 hours preparing for the regional competition.
Learning Resources


Research and Write your Report

Network and Notify


Research Challenge Kickoff Meeting 2020



Email us at [email protected]

Interested in sponsoring this year’s competition?

Contact [email protected] for more information



September 2022 Onwards

Team Recruitment

Faculty advisors to recruit students to participate and represent their respective universities


1 October 2022

Kick-off Meeting & CFA Society Singapore Career Day

8:45am to 2:00pm (SGT)


October 2022 to January 2023

Skills Training Workshops & School Internal Competitions


30 JANUARY 2023

Submission of Written Report

10:00am (SGT)


08 fEBRUARY 2023

Submission of Presentation

10:00am (SGT)


11 February 2023

CFA Institute Research Challenge Singapore – National Finals

Live In-Person Presentation | 8:00am onwards (SGT)

Each team will be given 10 minutes for a  presentation and Q&A at a pre-allocated slot.

Announcement of CHAMPION TEAM at the end of challenge.


07 March 2023

CFA Institute Research Challenge Sub-Regional Kickoff


19 March 2023

CFA Institute Research Challenge Sub-Regional Video Presentations Submission


6-7 April 2023

CFA Institute Research Challenge Semifinals

Virtual Format


13-14 April 2023

CFA Institute Research Challenge Regional Finals

Virtual Format


3 May 2023

CFA Institute Research Challenge Global Finals

Live In-Person



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