Our MSc in Finance students came 2nd in the sub-regional final (France) of the CFA Institute Research Challenge 2020!

4th CFA Institute Research Challenge

For the fourth time, the IUM team competed with seventeen other top schools in France and has to research and analyze DANONE, a French multinational food-products corporation.

“For us, the CFA competition has permitted to apply the knowledge learned in the Master program to a real-life case, which also gave us some strong insight into today’s financial and macroeconomic environment. On top, this experience strengthened our team working skills and truly proved to us that nobody’s perfect, but a team can be!”

The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. Students work in teams to research and analyze a publicly-traded company — and also having the chance to meet with company management. Each team writes a research report on their assigned company with a buy, sell, or hold recommendation. If the report is selected, the teams will present and defend their analysis to a panel of industry professionals.

The members of the team are very enthusiastic about the competition.

“Humility is one of the main strengths of this year’s team. For the first time since I am doing it at IUM, the team was aware since the beginning that this competition meant hard-work and a huge effort. They worked with passion, enthusiasm, and anger to learn. Moreover, and most importantly, since day one, they set up their relationships within the group on mutual trust. Every time I joined them, and I worked with them, I could feel the harmony among the team members and how they were comfortable about working together. They express what a team working should be: their performance was higher than what the sum of each of them could have done. Regardless of their final grade, they produce probably the best CFA report that an IUM team has produced so far.” 

Dr. Domenico Campa, CFA Institute Research Challenge Mentor and initiator of the IUM participation

The MSc in Finance at IUM is filled with exciting challenges like this CFA Institute Research Challenge and provides opportunities for students to land careers with top financial institutions and very attractive positions.

IUM is very proud of its team and warmly congratulates Eva Gasyte, Eva Mizrahi, Elzbieta Rulinskaja, and Gaurav Talokar for their great achievement!


If you are interested in our MSc in Finance program, please visit our website.

Feel free also to contact our Admissions Team at admissions@monaco.edu