{"id":2336,"date":"2020-02-11T04:42:14","date_gmt":"2020-02-11T04:42:14","guid":{"rendered":"http:\/\/mgt.sjp.ac.lk\/fin\/?p=2336"},"modified":"2020-02-25T09:54:08","modified_gmt":"2020-02-25T09:54:08","slug":"team-university-of-sri-jayewardenepura-wins-cfa-sri-lanka-research-challenge-2019-20","status":"publish","type":"post","link":"https:\/\/mgt.sjp.ac.lk\/fin\/team-university-of-sri-jayewardenepura-wins-cfa-sri-lanka-research-challenge-2019-20\/","title":{"rendered":"Team University of Sri Jayewardenepura wins CFA Sri Lanka Research Challenge 2019\/20"},"content":{"rendered":"\n

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The CFA\nInstitute Research Challenge is a global competition that tests the equity\nresearch and valuation, investment report writing, and presentation skills of university\nstudents. This challenge also promotes best practices in equity research among\nthe next generation of analysts through hands-on mentoring and intensive\ntraining in company analysis and presentation skills. This challenge has three\nlevels: local, regional, and global. Winners at the local level are advanced to\ncompete against teams within their geographic region at the regional level namely<\/em>,\nAsia-Pacific Region, Europe, the Middle-East and Africa Region, and Americas\nRegion. Winning teams at each regional level are thereafter advanced to compete\nat the global level. One team is designated the ultimate winning team, or\nchampion, at the global level. <\/p>\n\n\n\n

For the 13th<\/sup> consecutive\nyear CFA Sri Lanka Society organized the Sri Lanka Research Challenge partnering\nwith the Colombo Stock Exchange, Acquity Partners (PVT) Ltd., Capital Alliances PLC, Lynear Wealth Management,\nand Sri Lanka Telecom Mobitel. Ten teams from six state\nUniversities took part in the preliminary round of this completion since\nSeptember 2019 which primarily emphasized on in-depth analysis and valuation of\nCeylon Cold Stores PLC, the publicly traded company on Colombo Stock Exchange\nassigned for the challenge this year, and investment report writing.  These investment reports of the ten teams were\nevaluated and scored by a panel of expert CFA Charterholders who are leading\ninvestment professionals representing prominent corporates in Sri Lanka.  The top four teams of the preliminary round\npresented their research to a panel of experts from top financial institutions\nof Sri Lanka followed by a Q&A session at the Local Finals of this\nchallenge held on 6th<\/sup> February 2020 at Hilton Colombo Residences. <\/p>\n\n\n\n

The team of five final-year undergraduates of Department of Finance representing University of Sri Jayewardenepura who also secured the first place in the preliminary round, became the Champions at the Local Finals. The team members are Ruwangi Mahanamahewa (Team Leader), Didula Silva, Kovida Gunawardana, Jeyaraman Yashwin Kumar, and Thiran Ranasinghe. The team was guided by the Industry Liaison \u2013 CFA Charterholder \u2013 Ms. Ananya Udeshi of Capital Alliances PLC and the Academic Liaison \u2013 Ms. Piumi Abeyrathne, Senior Lecturer of Department of Finance throughout the challenge. The team representing University of Colombo became the runners-up at the Local Finals. Mr. Renuke Wijayawardhane, Chief Regulatory Officer at Colombo Stock Exchange, Mr. Zaffar Jeevunjee, President CFA Sri Lanka Society, many other investment professionals, senior management of Ceylon Cold Stores PLC, and academic staff members of state Universities graced the occasion. Local Champions won a cash award of Rs.200,000 and they will be representing Sri Lanka at the Asia-Pacific Regional Finals which is scheduled to be held in Seoul, South Korea on 18-19 March 2020. <\/p>\n\n\n\n

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