Shillong, Jan. 8: IIM Shillong won the East Zonal Final of the eighth Annual CFA Institute Research Challenge held recently at Hyatt Regency, Calcutta.

The winning team was represented by Gaurav Bhardwaj, Gaurav Pilania, Gautam Jain, Jatin Sethi, and Saket Hawelia.

The team presented their research analysis and recommendations in the form of an equity research report for Astral Poly Technik Ltd.

Other colleges which participated in the event were XLRI Jamshedpur, IIFT Calcutta, IIM Ranchi, and VGSoM (IIT Kharagpur). The panel of judges comprised senior portfolio managers Anirban Dutta (director, Jet Age Securities), Ajay Jaiswal (president and head, research and investment strategies at Microsec Capital Ltd) and Basant Maheshwari (equity investor). The corporate partner of this event was Bloomberg.

The teams were judged on the research report they had submitted earlier and the presentation made in front of the judges. The winning team received trophies and gift vouchers in addition to a certificate of recognition.

Other zonal winners included Indian Institute of Foreign Trade, Delhi from north zone, IIM Tiruchirappalli from the south zone, Symbiosis Centre for Management and Human Resource Development from the central zone and S.P. Jain Institute of Management and Research, Mumbai from the west zone.

The winner from each zone will compete at the national finals on February 2 at Bloomberg office, Mumbai.

The CFA Institute Research Challenge is a global competition which tests the analytic valuation, report writing and presentation skills of university students. Students have the unique opportunity to develop and present an equity research report and be mentored and judged by leading industry experts.