research challenge

CFA Institute Research Challenge

The CFA Institute's Research Challenge competition enables students from all over the world to learn best practice in financial analysis through hands-on coaching and intensive training in business analysis.

The regional competition is organized by CFA Montréal in collaboration with CFA Québec.

Every year, the competition features thousands of students from more than 900 universities worldwide.

Teams competing against other teams from Quebec universities and have the opportunity to :

How it works

01

The university representative registered for the Research Challenge makes up the team.

02

Each team is assigned a mentor from the Montreal financial industry.

03

Local competition

Research reports are graded by local professionals.

04

Local final

A panel of professional judges recognized in the financial industry evaluates the teams' presentations. The winning team from the local final moves on to the next round: regional/Canadian quarter-finals.

05

Regional quarter-finals

The four teams with the best results in the regional quarter-final qualify to represent Canada in the Americas semi-final.

06

Americas semi-finals

All teams compete to represent the Americas region at the World Final. Two teams qualify for both the Americas Final and the World Final.

07

Americas & World Finals

The winning team of the world final is declared world champion of the Research Challenge competition.

Important dates

Deadline for team registrations

Kickoff of the season and unveiling of the subject company

Q&A with the subject company

Deadline for the report

Local finals and cocktail

Sub-regionals - deadline for submitting the video presentation

Regional semifinals

Regional finals

Global final

Winners of the most recent editions

2024-2025 : Concordia University

BHANDARI, Garv
DI NUNZIO, Giovanni
MARCHESSEAULT, Eli
VÉZINA, Édouard
WANG, Hannah

2023-2024 : McGill University

ANDERSON, Owen
KIRIAZIS, Charles
QUIRK, Britton
RABELLO, Philippe
RINDLER, Jordan

2022-2023 : Concordia University

BAKOPANOS, Ioannis
CLOUTIER FAUCHER, Olivier
MACNEIL, Matthew
ROZON, Justin
WEI, Zi Hao

2021-2022 : HEC Montréal

MATTON, Charles-Olivier
HINSE, Mathieu
AMYOT, Maxime
PÉLLETIER, Maya
BENOIT, Olivier

2020-2021 : McGill University

CHEN, Bruce
LUO, Haiwen
WIACEK, Neil
WU, Audrey
YU, Andy

Contacts : CFA Montreal

Alexandre Cyr, CFA

Co-Chair of the University Relations Committee
info@cfamontreal.org

Contacts : Universities

ESG UQAM
MAHER KOOLI

kooli.maher@uqam.ca

HEC Montréal
CELINE GEMMEL

celine.gemmel@hec.ca

Université de Montréal
BENOIT PERRON

benoit.perron@umontreal.ca

Laval University
CHRISTIAN BOUTET, CFA

christian.boutet@fsa.ulaval.ca

McGill University
VADIM DI PIETRO, CFA

vadimpierre.dipietro@mcgill.ca

Ethics Challenge

The Ethics Challenge is held at locations around the world to instill strong ethics in the next generation of investment professionals to help them prepare for a successful career.

The regional competition of CFA Societies Canada Ethics Challenge is organized by CFA Québec in collaboration with CFA Montréal.