CFA Society Bangladesh inaugurated 'Local CFA Institute Research Challenge 2020-21' for the fifth consecutive year with BRAC Bank being the 'Subject Company' for Bangladesh-based participating teams.
BRAC Bank Limited is an SME-focused bank that started its operation in 2001 having an asset size of BDT 447,760 million as of September 30, 2020.
Selim R. F. Hussain, Managing Director & CEO, BRAC Bank Ltd., made a presentation to the participating students about the bank's development history, vision, purpose and the strategy going forward recently.
Later Mr. Hussain and his team responded to different questions from the students.
Each year, the CFA Institute Research Challenge rewards participants who demonstrate supreme analytical, valuation, report writing and presentation skills.
During this global competition, participants go through intensive training in financial analysis and professional ethics.
Leading industry professionals mentor them so that they can gain real world experience.
"This is a great opportunity for students to apply what they have learned at universities in a motivating and competitive environment", said a press release issued by CFA Society Bangladesh.
CFA Institute Research Challenge is a wonderful way of helping students understand real world business and gather in-depth knowledge about financial analysis.
"We are happy to contribute towards the development of professionals in the area of investment analysis" said Md. Shaheen Iqbal, CFA, President of CFA Society Bangladesh.
With more than 6000 participants from 1150 universities and 95 countries, this research challenge is truly a global one.
At each stage, teams must present and defend their analysis to a panel of industry professionals. Due to pandemic, all levels of this year's competition will be hosted exclusively online.
The first prize of the Local CFA Institute Research Challenge is endowed with BDT 350,000 and winners will receive a special discount of USD 200 for the Level-1 CFA Exam at the time of registration to be held in August 2021.
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